United Airlines announced a $1.5 billion stock buyback plan, underscoring a seeming return to an investor focus that had diminished in the pandemic.

That money United just promised Wall Street belongs to flight attendants who worked throughout the pandemic,” union spokespeople said.

Key Takeaways The S&P 500 added 0.5% on Wednesday, Oct. 16, 2024, driven by upbeat earnings reports and a rebound among semiconductor stocks.United Airlines shares took off after the company topped quarterly estimates and announced a $1.