JetBlue-Spirit Airlines merger called off

JetBlue Airways and Spirit Airlines on Monday said they are ending their agreement to merge, weeks after losing a federal antitrust lawsuit that challenged the deal. The CEOs of the two carriers cited regulatory hurdles in ending their merger agreement. A federal judge in January sided with the Justice Department and blocked JetBlue’s attempted takeover of budget … Read more

Failed JetBlue buyout leaves Spirit Airlines with a tough path forward

A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines is on shaky footing after JetBlue Airways’ proposed $3.8 billion takeover of the budget carrier was blocked by a federal judge this … Read more

Inflation has created a dark cloud over how everyday Americans view the economy

Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images When Kyle Connolly looks back at 2023, she sees it as a year defined by changes and challenges. The newly single parent reentered the workforce, only to be laid off from her job at … Read more

‘It’s always in people’s minds’

Several Tesla electric vehicles are parked in front of a Tesla service center in the Kearny Mesa region, in San Diego, California, U.S., October 31, 2023.  Abhirup Roy | Reuters Marko Sustic has bet big on Tesla this year. The investor, who also happens to work in the European auto industry, bought Tesla shares nearly … Read more

Growing geopolitical conflicts have some investors feeling guilty about buying defense stocks

An F-15E fighter aircraft can carry seven groups of four StormBreaker bombs. Source: Raytheon As the war between Israel and the Hamas militant group ramped up last month, Kenneth Suna took to his investing-focused TikTok account. Suna began a video asking his more than 200,000 followers “if you’re cool with profiting off war,” before adding … Read more

Spirit suspends new pilot training after tough quarter, engine issue

A Spirit Airlines airplane taxis for takeoff at Denver International Airport in Denver on Feb. 7, 2022. Michael Ciaglo | Bloomberg | Getty Images Spirit Airlines will suspend training for new pilots and flight attendants next month “until further notice,” according to company memos, as it plans for slower growth amid softer demand and the … Read more

Barbie’s designer made Raytheon missiles first as ‘Barbenheimer’ rocks field workplaces

The primary Barbie Doll from 1959 is displayed on the interactive exhibition “The World of Barbie” on June 28, 2023, at Santa Monica Place in Santa Monica, California. Robyn Beck | Afp | Getty Photos A weapons engineer turned doll maker is the sudden hyperlink to “Barbenheimer,” the affectionately dubbed duo from Warner Bros.′ “Barbie” and … Read more