Federal Judge Blocks JetBlue’s $3.8 Billion Acquisition of Spirit Airlines

[ad_1] Updated Jan. 16, 2024 2:01 pm ET A federal judge on Tuesday blocked JetBlue Airways from acquiring Spirit Airlines, agreeing with the Justice Department that the $3.8 billion deal…

Air Travel in 2023 Was a Nightmare. And Flying Isn’t Likely to Get Much Better in 2024.

[ad_1] Journal Reports: Year in Review Why the U.S. Needs a Moonshot Mentality for AI—Led by the Public Sector By Fei-Fei Li , and John Etchemendy December 9, 2023 at…

Tech Shares Power Stock Market Higher

[ad_1] Stocks resumed their climb Thursday, led by the shares of big technology companies that have powered the market for much of the year.  The S&P 500 was up 0.8%,…

Business Travel Is About to Pick Up. 4 Stocks to Catch the Comeback.

[ad_1] Corporate travel may finally be back in business, unlocking higher profit margins for airlines and hotel companies and a much-needed revenue boost for the next few months, typically a…

American Airlines Dangles $250,000 Bonuses to Poach FedEx and UPS Pilots

[ad_1] The next recruiting hotspot for U.S. airlines in need of experienced pilots is FedEx and United Parcel Service. PSA Airlines, a regional carrier owned by American, is offering bonuses…

10-Year U.S. Treasury Yield Tops 4.9%

[ad_1] Long-term bond yields hit a fresh 16-year high Wednesday, weighing on stocks already pressured by the conflict in Gaza and corporate earnings results. The 10-year U.S. Treasury yield rose…

Israel Flight Cancellations, Ticket Prices Leave Some Stranded

[ad_1] Updated Oct. 12, 2023 3:02 pm ET Airlines have suspended flights into Israel en masse, leaving people seeking to exit from the country contending with fewer flights and sky-high…

Oil Prices, Defense Stocks Rise as Israel-Hamas Conflict Rattles Markets

[ad_1] Havens such as gold and global bonds jump, while airline stocks slide. [ad_2] Source link

Pension Funds Go Cold on Private Equity

[ad_1] Long-term commitments look less appealing with bond yields up sharply. [ad_2] Source link

Fuel Prices Are Soaring. Who Is Feeling the Pinch?

[ad_1] Production cuts made by OPEC and its allies have pushed crude oil to 10-month highs. [ad_2] Source link