JetBlue Airways again increased its offer for Spirit Airlines with a shareholder vote for the discounter’s deal to merge with Frontier Airlines just days away. Frontier sweetened its offer on Fr...
Tag: Business
Digital World Acquisition Discloses Federal Subpoenas as Director Resigns
Digital World Acquisition the special-purpose acquisition company that plans to merge with former President Donald Trump’s social-media company, said a federal grand jury in the Southern District of N...
Avoidable or inevitable recession? Billionaire David Rubenstein’s view
Much of the U.S. market focus has been on the Federal Reserve’s more aggressive interest rate hikes as a reason to fear a recession. But Carlyle Group co-founder and co-chairman David Rubenstein...
U.S.-China Business Ties Are “Better Than The Headlines”
Travel restrictions related to Covid underscore the importance of a strong local management team in … [+] China, says National Committee on U.S.-China Relations President Steve Orlins. Bill Russ...
CVS capping purchases of Plan B pills to ensure consistent supply
Protesters outside the Supreme Court following the overturning of Roe v. Wade. Brandon Bell | Getty Images News | Getty Images CVS is limiting the number of the emergency contraceptives commonly known...
Hackers can now bring cargo ships and planes to a grinding halt
Container cargo ships sit off shore from the Long Beach/Los Angeles port complex in Long Beach, CA, on Wednesday, October 6, 2021. Jeff Gritchen | MediaNews Group | Getty Images Armed with little more...
Coinbase, Spirit Airlines, Robinhood and more
Check out the companies making headlines in midday trading. Spirit Airlines — The budget airline’s shares fell more than 7% amid news that advisory firm Institutional Shareholder Services told S...
Madison Reed Adds New Board Members As Business Grows
Madison Reed announced new executives to its board of directors along with internal management moves … [+] to further its mission of expanding access to more customers across the U.S. market. Co...
S&P 500 is little changed as stocks struggle to maintain their comeback from bear market lows
U.S. stocks wavered over the flat line Monday following a major rebound last week from this year’s steep declines. Wall Street is preparing to wrap up the worst first half for stocks in decades....
Spirit Airlines, BioNTech, Robinhood and more
Check out the companies making headlines before the bell: Spirit Airlines (SAVE) – Spirit Airlines lost 4.7% in the premarket after saying it would accept the latest improved takeover bid from Frontie...
Shortages push ‘cost of doing business’ higher than ever for summer attractions — and families will pay the price
Shortages push ‘cost of doing business’ higher than ever for summer attractions — and families will pay the price After two years of canceled or pared down events, the summer of 2022 looke...
World Health Organization says monkeypox is not a global health emergency right now
The World Health Organization on Saturday said the rapid spread of monkeypox across dozens of nations does not represent a global health emergency at this time. WHO Director General Tedros Adhanom Ghe...
Companies forced to weigh in on privacy, health care
Pro-choice activists are seen outside of the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginnin...
Frontier sweetens offer for Spirit merger as shareholder vote looms
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines h...
Stay away from this company poised to go public next week, Jim Cramer warns
CNBC’s Jim Cramer on Friday told investors to stay away from Ivanhoe Electric, a mining technology company that is expected to sell its shares in an initial public offering next week. “Eve...
Next week will be a bellwether for the upcoming earnings season
CNBC’s Jim Cramer on Friday said that next week will be a crucial moment for determining what the upcoming earnings season will look like. “It’s been ages since we’ve been on p...
How Indian Cinema Became A Pan-India Business
MUMBAI, INDIA – MAY 30 : Anil Thadani attends the success bash for the ‘Bhool Bhulaiyaa 2’ film on … [+] May 30, 2022 in Mumbai, India (Photo by Prodip Guha/Getty Images) Getty...
Kellogg stock gains 5%: management announces business split
Kellogg food Company (NYSE:K) plans to build separate plant-based, snack, and cereal companies. The manufacturer of Corn Flakes, Froot Loops and Special K cereals plan to split the company into three ...
Crypto Miners Pose Risk to Lenders as ‘Crypto Winter’ Continues to Strain Business
Loans to the tune of $4 billion, that are backed by crypto mining equipment, are facing potential default risk as per a report by Bloomberg released Friday. The development comes on the back of a turb...
Axie infinity’s Failed business idea of an ideal crypto dueling game for esport
The play-to-earn gaming model has a significant problem, as demonstrated by Sky Mavis’ NFT-based video game Axie Infinity. Axie infinity had the ideal crypto dueling game for esports a few months ago...
Airlines, FAA spar over flight delays ahead of July Fourth
Travelers wait to board a plane at Miami International Airport in Miami, Florida, on April 22, 2022. Daniel Slim | AFP | Getty Images Airlines and the Federal Aviation Administration are pointing the ...
Several states immediately institute abortion bans after Roe ruling
Pro-life demonstrators hold signs in front of the U.S. Supreme Court as they await its decision on the legality of a Republican-backed Louisiana law that imposes restrictions on abortion doctors in Wa...
United Airlines pilots to get raises of more than 14% in new contract
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images The union representing United Airlines pilots has approved a tentat...
The race to make green hydrogen competitive is on
One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some ca...
Intel wins latest race in chip uses for the cloud, says KeyBanc Capital Markets
Chip giant Intel Corp. is leading growth in cloud technology, according to new research from KeyBanc Capital Markets. Intel Corp. INTC, +3.21% is the winner in KeyBanc’s latest monthly data tracking s...