Tag: business news

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

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

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

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

Latinas in the United States are significantly contributing to the economy, with the female Hispanic population adding $1.3 trillion to the gross domestic product in 2021. This marked an impressive

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

The Federal Deposit Insurance Corporation recently proposed a new rule requiring banks to maintain detailed records for customers of fintech apps following the collapse of Synapse, which left thousands of

Former Dallas Fed President Robert Kaplan believes that a half percentage point interest rate cut at the upcoming Federal Reserve meeting would be the optimal move. Kaplan stated that a

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

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,