January 16, 2024

Markets Now January 16, 2024

Spirit Airlines shares plunge after judge blocks JetBlue merger

Spirit Airlines shares tanked 47% on Tuesday after a federal judge in Boston ruled against JetBlue’s proposed $3.8 billion acquisition of the discount airline.  
Read full article

Analysis: The rich and powerful are meeting in Davos. Here’s what they’re talking about

Switzerland’s skies are ablaze with jets carrying business and political leaders, news pundits and billionaires into Davos for the World Economic Forum, an annual event where the elite hash out the most pressing issues of the year over $150 steaks and $40 martinis.  
Read full article

Goldman Sachs blows away earnings expectations

Goldman Sachs had a very good fourth quarter.  
Read full article

Boeing’s stock tumbles after report warns investigation will open ‘a whole new can of worms’

As if Boeing needed any more bad news, a scathing report from Wall Street on Tuesday cast doubt on Boeing’s ability to pass a new federal safety audit, sending its stock sinking sharply. Later Tuesday, Boeing announced an independent adviser who will lead a review of the company’s quality control.  
Read full article

Costco is testing out a new system for entering stores

Bad news if you’re mooching off of someone else’s Costco membership: The retail giant is cracking down.  
Read full article

US airlines cancel another 1200 flights Tuesday

Winter weather is continuing to disrupt air travel on Tuesday.  
Read full article

Source: CNN Business

Recent Articles

Lets Talk >