Spirit Airlines stock rebounds after appeal of JetBlue merger block

Spirit Airlines stock rebounds after appeal of JetBlue merger block

Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Wednesday, Nov. 1, 2023.  Eva Marie Uzcategui | Bloomberg | Getty Images Spirit Airlines shares jumped about 10% Monday after the budget carrier and JetBlue said after the market closed on Friday they would appeal a federal judge’s ruling … Read more

China poses growing threat to U.S. auto industry

China poses growing threat to U.S. auto industry

A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China Group | Getty Images DETROIT – Chinese automakers pose a growing threat to their American counterparts — even without selling directly to consumers in the U.S. … Read more

How Spirit Airlines’ shaky future could make American travel worse

How Spirit Airlines’ shaky future could make American travel worse

Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Tuesday, Oct. 24, 2023. Spirit Airlines Inc. is scheduled to release earnings figures on October 26. Photographer: Eva Marie Uzcategui/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images A federal judge’s order blocking a $3.8 billion-dollar deal that would … Read more

Shoppers deal with holiday debt

Shoppers deal with holiday debt

Pedestrians walk by an advertisement for Klarna. Daniel Harvey Gonzalez | In Pictures via Getty Images When she started shopping for the holidays late last year, Kiki Andersen was struggling to buy her loved ones gifts. So she turned to a novel solution to get through the season: Buy now, pay later.  The 31-year-old comedian … Read more

Salad and Go expands as it competes with Sweetgreen

Salad and Go expands as it competes with Sweetgreen

The drive-thru entrance to a Salad and Go location. Source: Salad and Go When Sweetgreen went public two years ago, co-founder and CEO Jonathan Neman said the salad chain aspired to be the “McDonald’s of its generation.” But another salad rival could beat Sweetgreen to the punch: Salad and Go. Founded in 2013, the upstart … Read more

JetBlue and Spirit appeal judge’s ruling that blocks their proposed merger

JetBlue and Spirit appeal judge’s ruling that blocks their proposed merger

Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Wednesday, Nov. 1, 2023.  Eva Marie Uzcategui | Bloomberg | Getty Images JetBlue Airways and Spirit Airlines on Friday said they are appealing a federal judge’s ruling issued earlier this week that blocks the two carriers’ planned merger on … Read more

Alec Baldwin charged again in 2021 ‘Rust’ movie set shooting

Alec Baldwin charged again in 2021 ‘Rust’ movie set shooting

An image of cinematographer Halyna Hutchins, who died after being shot by Alec Baldwin on the set of his movie “Rust,” is displayed at a vigil in her honor in Albuquerque, New Mexico, on Oct. 23, 2021. Kevin Mohatt | Reuters A New Mexico grand jury on Friday indicted actor Alec Baldwin on involuntary manslaughter … Read more

Air freight soars as Red Sea vessel risks make more shippers nervous

Air freight soars as Red Sea vessel risks make more shippers nervous

HANGZHOU, CHINA – APRIL 6, 2023 – A Cargo plane of Maersk AIR Cargo is seen at Hangzhou Xiaoshan International Airport in Hangzhou, Zhejiang province, China, April 6, 2023. On November 4, 2023, the international shipping industry giant Maersk’s revenue in the third quarter of 2023 was 12.13 billion US dollars, down 46.73% year-on-year; Net … Read more

JetBlue to cut some routes after judge bars Spirit purchase

JetBlue to cut some routes after judge bars Spirit purchase

The JetBlue drop-off area at New York’s LaGuardia Airport on Oct. 31, 2023. Leslie Josephs/CNBC JetBlue Airways told staff this week that it will cut some routes and service as it struggles to return to profitability and grapples with the fallout of its blocked plan to buy Spirit Airlines. JetBlue said it will stop flying … Read more

Beyond Yoga names Athleta, Gap veteran Nancy Green CEO

Beyond Yoga names Athleta, Gap veteran Nancy Green CEO

Beyond Yoga Courtesy: Beyond Yoga Levi Strauss’ Beyond Yoga has tapped former Athleta CEO and longtime Gap veteran Nancy Green to be its next chief executive, as the company looks to scale beyond its modest roots and compete with industry leaders such as Lululemon and upstarts such as Alo Yoga and Vuori.   Beyond Yoga’s founder … Read more