JetBlue bid for Spirit wins support from 2 advisory firms

JetBlue's $3.8 billion bid to buy Spirit Airlines has been endorsed by two firms that advise major investors on how to vote.Institutional Shareholder Services and Glass, Lewis & Co. recommended...

After-Hours Movers: Richardson Electronics Gains on EPS, Viavi Up on Buy Rating

After-Hours Stock Movers: SurgePays, Inc. 10% HIGHER; announces it exceeded 200,000 subscribers in its mobile broadband subscriber business SurgePhone Wireless LLC, the Company’s...

U.S. judge temporarily blocks two state lawsuits over J&J talc marketing

By Dietrich Knauth and Brendan Pierson -A U.S. bankruptcy judge has blocked New Mexico and Mississippi from pursuing lawsuits accusing Johnson & Johnson (NYSE:JNJ) of misleading consumers about...

Louisiana to remove $794 million from BlackRock funds over ESG drive

- Louisiana will pull $794 million out of BlackRock Inc (NYSE:BLK)'s funds, state Treasurer John Schroder said on Wednesday, citing the asset management giant's push to embrace environmental,...

Pilots union opposes granting Boeing 737 MAX 7, 10 cockpit alerting extension

WASHINGTON - The union representing 15,000 American Airlines (NASDAQ:AAL) pilots said on Wednesday it opposes an effort in Congress to extend an exemption from modern cockpit alerting...

Pilots union opposes granting Boeing 737 MAX 7, 10 cockpit alerting extension

The union representing 15,000 American Airlines pilots said on Wednesday it opposes an effort in Congress to extend an exemption from modern cockpit alerting requirements for the 737 MAX 7 and 10.

Virgin Atlantic ceases operations in Hong Kong, cites Russian airspace closure 'complexities'

Virgin Atlantic announced Wednesday it was permanently ceasing operations in Hong Kong. The move, which is related to the closure of Russian airspace, ends the airline's 30-year presence in the...

U.S. airlines reject lawmakers' request to refrain from share buybacks

By David Shepardson WASHINGTON - A trade group representing major U.S. airlines rebuffed a request by 70 U.S. lawmakers to voluntarily extend a expired prohibition on stock buybacks that was a...

DOJ Asks Doug Parker: Does American Need New York Slots Because US Airways Traded Some Away?

As Justice Department antitrust attorneys attempt to undo the Northeast Alliance between American Airlines and JetBlue, their case refers to a 2011 deal between US Airways and Delta.

Stocks making the biggest moves midday: Twitter, Poshmark, Rivian and more

Shares of Twitter surged nearly 13% after a report that Elon Musk plans to go through with the acquisition of the company. Shares of Rivian shot up 13% Monday after the company said third-quarter...

Stocks making the biggest moves midday: Twitter, Poshmark, Rivian and more

Shares of Twitter surged nearly 13% after a report that Elon Musk plans to go through with the acquisition of the company. Shares of Rivian shot up 13% Monday after the company said third-quarter...

American Airlines CEO Doesn't Know About JetBlue Mint

American Airlines and JetBlue Airways are currently in court, as their Northeast Alliance is being challenged by the Department of Justice. While being questioned, the topic of JetBlue Mint came...

American Airlines CEO Doesn't Know About JetBlue Mint

American Airlines and JetBlue Airways are currently in court, as their Northeast Alliance is being challenged by the Department of Justice. While being questioned, the topic of JetBlue Mint came...

An American Airlines passenger was hit in the head by a food cart that came loose during landing, the FAA says

The passenger received a minor injury while the Airbus A321 was landing in Rhode Island, according to the Federal Aviation Authority.

American Airlines CEO says he doesn’t know if partner JetBlue has lie-flat seats

American Airlines CEO says he doesn't know if partner JetBlue has lie-flat seats. Robert Isom's statements came during testimony at the antitrust trial over the Northeast Alliance between American...

American Airlines CEO defends JetBlue deal to federal judge

The CEO of American Airlines has defended his airline's partnership with JetBlue

American Airlines CEO defends JetBlue deal to federal judge

The CEO of American Airlines said Monday that his airline needed a partnership with JetBlue because Delta Air Lines had bulked up through a merger sooner than American, had more takeoff and...

American Airlines CEO says he doesn’t know if partner JetBlue has lie-flat seats

American Airlines CEO says he doesn't know if partner JetBlue has lie-flat seats. Robert Isom's statements came during testimony at the antitrust trial over the Northeast Alliance between American...

Major U.S. airlines in no rush to resume stock buybacks as ban ends

- Major U.S. airlines said on Monday they have no immediate plans to resume stock buybacks after a Congress-imposed ban expired last month, amid pressure from unions to boost worker pay and fix...

In A Boston Courtroom, American Airlines CEO Robert Isom Recalls Some Scary Moments

March 2020 was a tough time in the airline industry, as the pandemic slashed traffic. American Airlines President Robert Isom asked former Delta CEO Richard Anderson, for guidance. Meanwhile,...

Grifols appoints executive chairman as seeks to speed recovery

BARCELONA - Grifols appointed an executive chairman on Monday, as the Spanish pharmaceutical company strives to recover from a pandemic-related hit and a 49% drop in its shares so far this...

BofA Sees Future of Work Opportunity

By Sam Boughedda BofA analysts said on Monday that the firm favors software stocks Microsoft , Atlassian (NASDAQ:TEAM), Zoom Video Communications Inc (NASDAQ:ZM), Smartsheet (NYSE:SMAR) and Box...

UBS credit default swaps hit decade high after Credit Suisse blow out

LONDON - The cost of insuring exposure to debt issued by Swiss lender UBS rose to a decade high on Monday after peer Credit Suisse was caught in the market spotlight amid concerns about its...

Meatpacker JBS to close U.S. plant-based foods business Planterra

CHICAGO - The North American arm of Brazilian meatpacker JBS SA (OTC:JBSAY) is closing its U.S. plant-based foods business Planterra Foods after about two years, the company said on Monday. JBS...

Diageo CEO Menezes says spirits maker is replenishing water

LONDON - Diageo (LON:DGE) Plc CEO Ivan Menezes said on Monday in an interview at the Reuters Impact conference that the maker of Guinness beer is replenishing water in stressed areas it operates...

Denmark stocks higher at close of trade; OMX Copenhagen 20 up 1.62%

Investing.com – Denmark stocks were higher after the close on Monday, as gains in the Chemicals, Consumer Goods and Real Estate sectors led shares higher. The best performers of the session on the...

American Airlines CEO defends JetBlue alliance in antitrust trial

By Diane Bartz and David Shepardson WASHINGTON - The head of American Airlines (NASDAQ:AAL) Group said an alliance with JetBlue Airways (NASDAQ:JBLU) Corp was needed to fend off big rivals in key...

Visa and Mastercard Estimates Cut on International Exposure

By Sam Boughedda Morgan Stanley cut the price targets of Visa and Mastercard (NYSE:MA) in a research note Monday, maintaining Overweight ratings on the stocks. Visa's price target was trimmed to...

American Airlines CEO defends JetBlue alliance in antitrust trial

The head of American Airlines Group said an alliance with JetBlue Airways Corp was needed to fend off big rivals in key markets and did not violate antitrust law as the U.S. Justice Department has...

Oops: The Funny Reason American Airlines Lost JFK Slots

American Airlines and JetBlue Airways are in court over JFK slots. American has claimed it can’t compete in New York without the JetBlue tie-up. The Department of Justice is challenging the...

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