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…

S&P 500 Falls Short of Record Despite Weekly Gain

[ad_1] The S&P 500 overcame big declines in airline stocks and shares of companies that rely on discretionary spending Friday to inch closer to a new all-time high. The benchmark…

Nasdaq Edges Higher, Continuing Climb

[ad_1] The Nasdaq Composite climbed for a third consecutive day as shares of Nvidia, Amazon.com and Google parent Alphabet advanced. The tech-heavy index added 0.1%, leaving it down 1% in…

United, Alaska Find Loose Parts on Some Boeing 737 MAX 9 Jets

[ad_1] Updated Jan. 9, 2024 1:41 am ET United Airlines and Alaska Airlines have discovered loose parts on Boeing 737 MAX 9 jets that they have inspected after a near-catastrophe…

Delta Throttles Back on Pilot Hiring

[ad_1] Delta Air Lines plans to hire roughly half as many pilots next year as it did in 2023, the latest sign that a more than two-year-long pilot hiring spree…

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%,…

Bond Yields Tumble, Stocks Retreat

[ad_1] A rally in Treasurys intensified Wednesday, dragging yields on 10-year notes to the lowest level since August, while stocks turned lower.  Major indexes wavered between small gains and losses…

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…

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…