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…

After Big Tesla Bet, Hertz Selling One-Third of EV Fleet

[ad_1] Updated Jan. 11, 2024 10:59 am ET Hertz is selling about a third of its global electric vehicle fleet, citing weaker demand for its electrified rentals. The car-rental company…

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…

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…

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…

Stocks Rise for Third Straight Day, Brushing Off Middle East Fighting

[ad_1] The 10-year Treasury yield dropped sharply as investors grew optimistic that Federal Reserve rate increases might be over. [ad_2] Source link

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

American Airlines Fined $4.1 Million for Keeping Fliers on Planes Too Long

[ad_1] The U.S. penalty is the largest ever for tarmac delays, which the airline attributed to “exceptional weather events.” [ad_2] Source link