How the company plunged from customer cult-favorite to activist investor target

How the company plunged from customer cult-favorite to activist investor target

The storm’s timing couldn’t have been worse. In late December of 2022, an “extratropical cyclone” brought all manner of menacing winter conditions to two-thirds of the U.S., including the entire Eastern Seaboard and parts of Canada. Wind-chill warnings, whiteouts, and extraordinary snowfall complicated travel for millions. Flight cancellations from what was unofficially dubbed Winter Storm…

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What to watch in the markets this week

What to watch in the markets this week

In This Story After a week of positive momentum driven by robust economic growth, investors are gearing up for a moderately active week ahead. The upcoming days will feature a mix of key conferences, corporate earnings reports, and a handful of macroeconomic data releases, each holding the potential to influence market sentiment. Let’s take a…

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Auto industry under pressure, China stocks surge: Yahoo Finance

Stocks climb on September jobs report, Spirit Airlines under pressure: Yahoo Finance

US stocks (^DJI,^GSPC, ^IXIC) are getting a lift after the September employment report showed the US economy added 254,000 jobs, coming in significantly above the expected 150,000. In addition, the unemployment rate ticked down to 4.1% from 4.2%, easing investor concerns about a US recession. Meanwhile, shares of Spirit Airlines (SAVE) are under pressure amid…

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American Airlines passengers intervene to stop alleged assault on flight: Watch

American Airlines passengers intervene to stop alleged assault on flight: Watch

Several passengers aboard an American Airlines flight from Miami to Charlotte on Wednesday stepped in to protect a woman seated in first class from her allegedly violent male travel companion. Passengers, along with the flight attendants, prevented what could have been a much worse situation. Charlotte-Mecklenburg Police is enquiring the passenger about the alleged altercation…

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