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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

Emirates Says Bookings to the U.S. Fell by 35% After the First Travel Ban

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March 9, 2017, 8:49 AM ET
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U.S. President Donald Trump’s January travel ban had a significant impact on booking rates to the United States for Emirates airline and it has not yet fully recovered, the carrier’s president said on Thursday.

“The first U.S. travel order saw the booking velocity fall by 35% overnight. The effect it had was instantaneous,” Tim Clark told journalists in Berlin on the sidelines of the ITB travel fair.

He said the revised order issued this week offered more clarity, and there had been some positive movement in bookings on the Emirates network but not a full recovery.

“When will it recapture the original booking curve is anyone’s guess,” he said. Clark said he hoped for an improvement in the summer following the usually quiet period during Ramadan.

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