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…

WSJ News Exclusive | Shell Suspends Red Sea Shipments Amid Fears of More Houthi Attacks

[ad_1] Updated Jan. 16, 2024 12:30 pm ET British oil major Shell suspended all shipments through the Red Sea after U.S. and U.K. strikes on Yemen’s Houthi rebels triggered fears…

Uber Is Closing a Business It Bought for Over $1 Billion Three Years Ago

[ad_1] Jan. 16, 2024 11:01 am ET Uber said it’s shutting down Drizly, the alcohol-delivery service it acquired for $1.1 billion in 2021. Drizly said Monday that it would accept…

Air France-KLM, CMA CGM to End Cargo Deal, Start Talks on New Terms

[ad_1] Air France-KLM and shipping company CMA CGM plan to withdraw from a cargo-cooperation agreement, citing a tight regulatory environment in key markets, and are in talks for new terms.…

Houthis Turn Their Sights on U.S. Ships, Vow to Keep Attacking Red Sea Targets

[ad_1] Updated Jan. 15, 2024 12:57 pm ET Fresh attacks targeted American ships in the Middle East, days after the U.S. led a round of strikes meant to diminish the…

WSJ News Exclusive | Boeing Faces Longer Wait to Resume MAX Deliveries in China

[ad_1] Jan. 14, 2024 11:00 pm ET BEIJING—Boeing’s long-awaited delivery resumption of its 737 MAX jets to China faces fresh delays after the Alaska Airlines incident, as the plane maker was poised…

Renting Clothes Was Supposed to Be the Future of Fashion. Then Shoppers Got Bored.

[ad_1] Rent the Runway is betting that clothing from designers Diane von Furstenberg and Jason Wu can get customers to keep their subscriptions. Rival clothing subscription service Stitch Fix is…

‘This Has Been Going on for Years.’ Inside Boeing’s Manufacturing Mess.

[ad_1] Outsourcing worried engineers and sparked battles over quality before a door plug blew out on an Alaska Airlines plane midflight. [ad_2] Source link

IJM expands with warehousing investment in Malaysia and UK property acquisition

[ad_1] PETALING JAYA: IJM Corp Bhd has announced two significant property developments – an additional investment in Malaysia’s warehousing logistics sector and the acquisition of a property site in the…

FAA Formally Notifies Boeing of Investigation Following MAX 9 Incident

[ad_1] Jan. 11, 2024 12:53 pm ET Federal regulators have formally notified Boeing that it is being investigated following an incident with its 737 MAX 9 plane. The Federal Aviation…