Boeing is in talks to buy back Spirit Aerosystems, which makes fuselages for Boeing’s 737 Max jets, according to a person familiar with the matter, as both companies scramble to stamp out manufacturing flaws on the top-selling plane. Shares of Spirit were up 13% as of early afternoon on Friday, while shares of Boeing were down about […]Read More
The price of bitcoin soared past $65,000 Monday, putting it within striking distance of its all-time high reached in November 2021. The cryptocurrency has gained 48% in 2024 and is approaching the intra-day all-time high of more than $68,000 The latest rally is being fueled by hopes that the launch of bitcoin exchange-traded funds, or […]Read More
JetBlue Airways and Spirit Airlines on Monday said they were terminating their merger agreement weeks after losing a federal antitrust lawsuit that challenged the deal. A federal judge blocked the attempted merger in January after the Justice Department sued to bar the deal last year alleging the acquisition would stifle competition in the airline industry and eliminate Spirit as a discount alternative for price-conscious travelers. JetBlue and Spirit appealed […]Read More
The European Commission, the European Union’s executive arm, on Monday hit Apple with a 1.8 billion euros ($1.95 billion) antitrust fine for abusing its dominant position on the market for the distribution of music streaming apps. The commission said it found that Apple had applied restrictions on app developers that prevented them from informing iOS users about […]Read More
States’ efforts to disqualify former president Donald Trump from their primary ballots for “engaging in insurrection” have come to an end, with the Supreme Court ruling that states cannot enforce the 14th Amendment for federal candidates. The ruling in Trump v. Anderson reverses the Colorado Supreme Court’s disqualification of Trump. It also means Trump’s disqualifications […]Read More
LONG BEACH, Calif. — As Katie Porter high-fived her way to the microphone at a recent rally here with Taylor Swift’s “The Man” pumping from loudspeakers, two front-row fans greeted her bearing mini versions of the accessory she made famous: whiteboards, theirs bearing the hashtag #TeamKatiePorter. “I just love how she stands up and represents […]Read More
Donald Trump is poised to continue his march to the GOP presidential nomination on Tuesday, when 15 states will vote to award more than a third of the party’s delegates and test how quickly Republicans are coalescing behind the former president. Trump has decisively won all but one contest so far and is expected to […]Read More
Former South Carolina governor Nikki Haley won her first contest in the Republican presidential nomination race on Sunday after triumphing in D.C.’s primary. It is not likely to change the contest’s trajectory. After three days of voting, polls in the Washington race closed at 7 p.m. Eastern time on Sunday. Though only 19 delegates were […]Read More
The Supreme Court is set to announce at least one opinion Monday morning, leading to speculation the justices could rule on Donald Trump’s eligibility for the Colorado ballot the day before Super Tuesday — when presidential primary elections are held in that state and more than a dozen others. The high court took the unusual […]Read More
Congressional appropriators on Sunday released half a dozen bills that, if passed this week, would keep six agencies — about 40 percent of the government — funded for the rest of the fiscal year after months of turmoil and blockades led by conservative Republicans seeking severe cuts to federal spending. The package totals $704 billion, […]Read More
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