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Categories Business

JetBlue and Spirit Airlines terminate $3.8 billion merger

Author March 5, 2024

JetBlue Airways and Spirit Airlines on Monday said they were terminating their merger agreement weeks after losing a federal antitrust lawsuit that challenged the deal. A federal judge blocked

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Categories Business

Apple hit with more than $1.95B E.U. antitrust fine over music streaming

Author March 5, 2024

The European Commission, the European Union’s executive arm, on Monday hit Apple with a 1.8 billion euros ($1.95 billion) antitrust fine for abusing its

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Categories Business

A year after Silicon Valley Bank failed, another regional lender flashes warning signs

Author March 2, 2024

Regional lender New York Community Bank finds itself in an apparently worsening predicament, just as the anniversary of last year’s banking turmoil nears. Shares of the troubled

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Categories Business

Chrysler recalling 338,000 Jeep Grand Cherokees over potentially faulty steering part

Author March 2, 2024

Chrysler is recalling more than 338,000 recent-model Jeep Grand Cherokees because they may have faulty steering components. In a letter posted Tuesday on

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Categories Business

Walmart-linked Green Dot Bank receives proposed Federal Reserve order over allegedly faulty consumer practices

Author March 2, 2024

Green Dot Bank, best known for partnering with Walmart to provide basic digital banking services to customers, said it has received a

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Categories Business

GM expands North America recall for potentially faulty tailgates to 820,000 trucks

Author March 2, 2024

General Motors has expanded an earlier recall of its trucks over a faulty tailgate to include 820,000 vehicles sold in the U.S.

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Categories Business

What’s at stake as the FTC tries to kill the Kroger-Albertsons merger

Author February 29, 2024

The Biden administration’s move Monday to try to block the $24.6 billion deal to combine Kroger and Albertsons supermarket chains came as

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Categories Business

Kellogg CEO faces backlash for suggesting people eat ‘cereal for dinner’ to save money

Author February 29, 2024

WK Kellogg CEO Gary Pilnick’s cost-saving suggestion of eating cereal for dinner has yet to win over consumers who are feeling the strain

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Categories Business

TSA PreCheck travelers don’t have to show physical IDs at some airports

Author February 29, 2024

If you’re a TSA PreCheck member traveling on United Airlines via Chicago’s O’Hare or Los Angeles international airports, life just got a

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Categories Business

Former FTX chief Sam Bankman-Fried seeks no more than six years in prison as sentencing trial awaits

Author February 29, 2024

Lawyers for Sam Bankman-Fried, the former head of the collapsed cryptocurrency exchange FTX, have requested a sentence of just five to six

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