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JetBlue ups offer for Spirit Airlines as shareholder vote approaches JetBlue Airways on Monday threw another $150 million into its high-stakes bid to win control of Spirit Airlines, seeking to persuade shareholders to reject a merger with rival Frontier Airlines. In a regulatory filing, JetBlue said it would pay Spirit ...
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Elon Musk pulls back on Tesla's job cuts plan — sort of New York (CNN Business) Tesla may not be cutting staff after all. That's according to a tweet from its ever-mercurial CEO Elon Musk — an apparent contradiction to two emails he sent staff last week about planned job cuts and a hiring freeze, ...
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In 10 states, a gallon of gas now costs more than $5 U.S. gas prices hit a new record on Monday, with a gallon of regular gas costing an average of $4.865 (not adjusting for inflation), according to the most recent data from AAA. The highest average price — $6.34 — is in California, but 10 states have ...
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Clearest blue skies, green dollar signs Fares are skyrocketing and flights are fewer, but airlines are seeing dollar signs. — D.C.'s congresswoman is trying to curb train noise near homes. — President Joe Biden and Elon Musk bicker about Tesla's layoff plans.
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JetBlue increases offer for Spirit Airlines as bidding war heats up Under JetBlue's revised terms, Spirit shareholders would receive $31.50 per share in cash, comprising $30 at deal close and prepayment of $1.50 from a raised reverse break-up fee soon after Spirit shareholders vote to approve a deal.
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Musk accuses Twitter of withholding data on fake accounts in letter Elon Musk accused Twitter of "actively resisting" his right to information about bogus accounts on the social media platform and violating the terms of their $44 billion sale agreement, according to a letter sent Monday. Get the full experience.
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Elon Musk Has Lots To Say About Workers At Tesla–Which Continues To Lead US Carmakers In Safety Violations Tesla is building electric vehicles as quickly as it can in Fremont, California, but according to OSHA data, the company continues to lead the U.S. auto industry in workplace safety violations. AFP via Getty Images. Elon Musk, the world's wealthiest ...
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Two more states hit $5 a gallon gas prices Veteran oil analyst Andy Lipow told CNN he expects the national average to hit $5.05 a gallon in the next 10 days. Oil, the biggest component of gasoline prices, continues to get more expensive — even ...
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Bain Capital scoops up LeanTaaS, makes significant investment to fuel growth of healthcare AI Founded in 2010, LeanTaaS developed software that combines lean principles, predictive analytics and machine learning to help optimize how health systems use expensive, constrained resources like infusion chairs, operating rooms and inpatient beds. The ...
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Supreme Court Holds That Airline Cargo Loaders Are Exempt From The Federal Arbitration Act June 6, 2022. Click for PDF. Decided June 6, 2022. Southwest Airlines Co. v. Saxon, No. 21-309. Today, the Supreme Court held that a ramp agent supervisor whose work frequently requires her to move baggage and other cargo on and off airplanes is a ...
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