News

JetBlue Faces Fare Increase with Spirit Airlines Merger

JetBlue Airways faces potential fare increases up to 40% with the merger, impacting their legal battle against the Justice Department. The company defends that...

Hawaiian Electric Industries Inc. Stock Continues to Plummet

Hawaiian Electric Industries Inc. stock drops 21% after rating downgrade due to ongoing issues from Maui wildfires. The company faces legal troubles and financi...

Keytruda and Lenvima Combination Study Ends Without Survival Benefit

A Phase 3 study on Keytruda and Lenvima combination in head and neck squamous cell carcinoma patients concludes without survival benefit. Find out more about th...

Sime Darby Proposes Acquisition of Majority Stake in UMW Holdings

Sime Darby proposes to acquire a majority stake in UMW Holdings, leading to a surge in shares. The deal aims to expand Sime Darby's presence in the Malaysian au...

JPMorgan Chase wins landmark leveraged loan case

JPMorgan Chase and three other major banks win appeal ruling that leveraged loans are not securities, saving borrowers from increased costs. This landmark decis...

Petco Health & Wellness Faces Challenges as Discretionary Spending Declines

Petco Health & Wellness is facing challenges with declining discretionary spending, impacting its revenue and gross margins. Steps are being taken to address th...

UK Stock Market Gains: FTSE 100 Up 0.18% at 7,333.63

The U.K. stock market saw gains on Thursday, with the FTSE 100 Index closing up 0.18% at 7,333.63. Find out the top gainers and losers, as well as currency and...

The U.S. Economy: Mixed Picture and Market Reaction

The U.S. economy shows mixed indicators with a slowdown in the services and manufacturing sectors, but overall growth.

The Growing Wealth Gap in the U.S.

The divide between the rich and the poor in the United States is widening at an alarming rate, particularly in retirement savings. Urgent action is needed to ad...

Macy's Reports Sliding Sales and Earnings: Consumer's Financial Health

Macy's reports decline in sales and earnings, emphasizes consumer's financial health with credit card delinquencies. Despite that, consumer spending remains uni...