Spirit Airlines stock up more than 22% afer report of JetBlue bid
Shares of Spirit Airlines Inc. jumped more than 22% before being halted near the close Tuesday after The New York Times reported that JetBlue Airways...
Nasdaq drops 2.3% as stocks end sharply lower after remarks by Fed’s Brainard
Stocks fell sharply Tuesday, with the tech-heavy Nasdaq Composite leading the way among major indexes after remarks by Federal Reserve Gov. Lael Brainard sparked a...
U.S.’s new Russia sanctions to target investment, financial institutions, White House says
The U.S., in coordination with other G-7 nations and the European Union, will announce new sanctions on Russia on Wednesday over Moscow's invasion of Ukraine,...
Spirit confirms JetBlue’s ‘unsolicited’ all-cash, $33 a share bid
Spirit Airlines Inc. said late Tuesday it has received an "unsolicited" bid from JetBlue Airways Corp. to acquire the ultra low-cost air carrier in an...
API data reportedly show a weekly climb in U.S. crude supplies
The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 1.1 million barrels for the week ended April 1, according to sources....
Starbucks to end stock buyback program as Schultz returns as CEO
Starbucks on Monday said it will suspend its stock repurchasing program, effectively immediately, as Howard Schultz returns to the company as chief executive. "This decision...
Economic Report: Coming up: ISM survey of U.S. factory activity in March
The closely-followed Institute for Supply Management’s Manufacturing PMI, which tracks the health of the manufacturing sector, is expected to rise to 59 in March from...
Stocks open slightly higher after solid March jobs data
Stocks opened to the upside Friday, posting modest gains after data showed the U.S. economy added 431,000 jobs in March and the unemployment rate dropped...
Morgan Stanley infrastructure investing unit buys New Zealand ferry operator
Morgan Stanley's investing unit Morgan Stanley Infrastructure Partners said Thursday it paid an undisclosed sum to acquire New Zealand ferry operator StraitNZ from Australian firm...