Hims & Hers appoints Amazon veteran as COO

Hims & Hers appointed Nader Kabbani, a longtime Amazon executive who most recently worked at the robotics company Symbiotic, as its next chief operating officer, the company said Monday morning.

The announcement comes just weeks after the company announced that its longtime COO, Melissa Baird, would transition to an advisory role. Notably, during his roughly 20-year tenure at Amazon, Kabbani led the acquisition of PillPack and the launch of Amazon Pharmacy and built the framework for some of its streaming and media offerings.

Hims was down 0.8% shortly after the market opened.

The company is set to report earnings for the first three months of 2025 later today. Investors are eager for more information on how its weight-loss segment is doing after the FDA declared the shortage of popular GLP-1 weight-loss drugs is over, limiting its ability to sell copycat versions.

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JetBlue is raising its bag fees as fuel costs squeeze airlines

JetBlue will reportedly hike its bag fees, as the cost of jet fuel continues to climb amid the war in Iran. It’s the latest example of carriers finding ways to push rising costs onto travelers.

Last week, United Airlines CEO Scott Kirby said that if fuel prices remain elevated, fares would need to rise another 20% for his airline to break even this year.

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

JetBlue Airways raises bag fees as fuel prices soar

As CNBC reported, when one airline raises fees, others tend to follow.

JetBlue did not immediately respond to a request for comment.

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