JetBlue Airways planes are seen near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on May 16, 2022.Joe Raedle | Getty Images News | Getty ImagesShares of Spirit Airlines fell about 23% Wednesday, its second day of double-digit losses, after a judge blocked its...
A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois.Scott Olson | Getty ImagesHomebuilder sentiment improved in January, jumping 7 points to 44 on the National Association of Home Builders monthly index. Anything below 50 is still considered negative, but the index has now...
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17yth, 2024. Adam Galici | CNBCJPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because...
Holiday shopping turned out even better than expected in December as shoppers picked up the pace to close out a strong 2023, the Commerce Department reported Wednesday.Retail sales increased 0.6% for the month, buoyed by a pickup in clothing and accessory stores as well as online non-store businesses. The...
Check out the companies making headlines in premarket trading. Spirit Airlines , JetBlue Airways — The airline stocks slid after a federal judge blocked JetBlue Airways' proposed $3.8 billion acquisition of Spirit Airlines. Following the move, Bank of America Securities moved Spirit Airlines to an underperform rating, from no...
Javier Ghersi | Moment | Getty ImagesCorporate debt defaults soared last year and could be a problem again in 2024 as cash-strapped companies deal with the burden of high interest rates, S&P Global Ratings reported Tuesday.The number of companies that failed to make required payments on their debt totaled...
Alaska Airlines N704AL is seen grounded in a hangar at Portland International Airport in Portland, Oregon, on Jan. 9, 2024.Mathieu Lewis-rolland | Getty ImagesBoeing on Tuesday appointed retired Admiral Kirkland Donald to serve as a special advisor while the company grapples with the fallout from an Alaska Airlines midflight...
Lockheed Martin's Tranche 0 Transport Layer satellites are seen in one of the company's processing facilities.Lockheed MartinThe Pentagon on Tuesday announced about $2.5 billion in contracts will go to L3Harris, Lockheed Martin, and Sierra Space to build satellites for an expanding military system.The U.S. Space Force's Space Development Agency...
LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York.Leslie Josephs | CNBCA federal judge blocked JetBlue Airways' purchase of budget rival Spirit Airlines after the Justice Department sued to stop the merger, alleging it would drive up fares for some of the most price-sensitive consumers.JetBlue's...
1967 Porsche 910Source: Bringatrailer.comBring a Trailer, the popular online auction site for collectible cars, posted record sales in 2023, even as classic-car prices hit the skids.Bring a Trailer's sales increased about 2% last year to over $1.4 billion from $1.35 billion in 2022, according to the company's CEO Randy...