Alaska and Hawaiian Airlines Merger Receives Approval from Department of Transportation (DOT)

Alaska Airlines and Hawaiian Airlines have received approval for their $1.9 billion merger from the U.S. Department of Transportation. The merger agreement, which had previously cleared the U.S. Justice Department’s

Flutter Entertainment, Parent Company of FanDuel, Acquires Snaitech in a Major Acquisition

Flutter Entertainment, the parent company of FanDuel, is set to acquire Italian gambling company Snaitech from Playtech for $2.6 billion. This move is part of Flutter’s strategy to expand its

SpaceX Starlink Secures Contracts with 2,500 Aircraft for Satellite Internet Services

SpaceX has significantly increased its backlog of Starlink in-flight Wi-Fi orders following a recent deal with United Airlines. Nick Galano, SpaceX director of Starlink aviation sales and partnerships, announced that

Boeing implements hiring freeze and cost cuts amid strike challenges

Boeing has announced significant cost-cutting measures in response to a strike by over 30,000 factory workers. The company will implement a hiring freeze, halt nonessential staff travel, and reduce supplier

Michael Kors testifies in Tapestry-Capri antitrust trial: SEO-friendly version

In a federal courtroom in New York City, renowned fashion designer Michael Kors addressed the challenges of maintaining relevance in a volatile industry where trends can drastically impact brands. Kors,

UAW Union Accuses Stellantis of Unfair Labor Practices

The United Auto Workers (UAW) union filed federal unfair labor practice charges against Stellantis for allegedly breaching contract terms and attempting to shift production of the Dodge Durango outside the

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Euro Zone Inflation Below ECB Target, Says Bundesbank Chief – Reuters

Euro zone Inflation remains a concern for the European Central bank, according to Bundesbank President Joachim Nagel. Despite a recent rate cut, Nagel emphasized the need for Interest rates to

French public auditor stresses need for extended timeline to reduce budget deficit

France’s budget deficit timeline needs to be extended beyond the current 2027 deadline set by the European Union, according to Pierre Moscovici, head of the public audit office. Moscovici stated

Top 5 Forces Shaping the Global Economy According to Ray Dalio

U.S. billionaire Ray Dalio recently outlined the top five key factors driving the Global Economy today during his appearance at the Milken Institute’s Asia Summit in Singapore. These factors are

Debate Swirls Over the Impact of Fed’s Rate Cut

The Federal Reserve is expected to announce a cut in Interest rates for the first time in over four years, signaling a shift from restrictive policies aimed at controlling Inflation.

Asia stocks mixed as Fed looms large, Dollar weakens

The dollar retreated slightly on Wednesday, giving back some of its gains from the previous day, while Asian markets showed a mixed performance as investors weighed the possibility of a

DoubleLine’s Gundlach predicts Fed to quick rate cut, half-point reduction on Wednesday

DoubleLine Capital CEO Jeffrey Gundlach has called for the Federal Reserve to quickly ease policy in response to the current economic slowdown. Gundlach suggested a half-point interest-rate reduction, emphasizing the

3 top-performing stocks to watch: GCI, ACN, HPE

The latest midday trading updates for various companies include notable movements in the stock market. Hewlett Packard Enterprise saw a 6% increase after receiving a buy rating from Bank of

Steve Cohen of Point72 Steps Back from Trading His Own Book

Billionaire investor Steve Cohen is stepping back from active trading at his hedge fund Point72. The influential hedge fund manager, also known as the majority owner of the New York

JPMorgan Chase in negotiations with Apple for credit card partnership

Apple is currently in talks with JPMorgan Chase to potentially take over its credit card program from Goldman Sachs. The discussions are still in the early stages, with key details

Lawmakers attempt to influence the Federal Reserve is undermining their role

Rep. Patrick McHenry, R-N.C., criticized politicians on Tuesday for publicly discussing the Federal Reserve’s interest rate policy. McHenry, the outgoing chair of the House Financial Services Committee, expressed his dismay