Tag: Airlines

Who loses if JetBlue buys Spirit?  Comedians
Who loses if JetBlue buys Spirit? Comedians

Travelers check in for a Spirit Airlines flight at Orlando International Airport on the Friday before Memorial Day. Paul Hennessey | light rocket | Getty Images JetBlue’s surprise $3.6 billion cash bid for Spirit is threatening the latter’s plan to merge with Frontier into a discount airline behemoth. It’s also threatening one of comedians’ favorite […]

Stocks Turn Lower After Powell Interest-Rate Comments
Stocks Turn Lower After Powell Interest-Rate Comments

US stocks declined and oil prices rose as investors reacted to new Federal Reserve commentary following major indexes’ strong finish last week. The S&P 500 traded down 0.6% in afternoon trading, turning lower after comments from Fed Chairman Jerome Powell about the possibility of more aggressive interest-rate moves to tame inflation. Treasury yield rose following […]

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