(Reuters) – Frontier Airlines is exploring a renewed bid for Spirit Airlines, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The two budget carriers have had recent discussions about a possible merger though the talks are at an early stage and a deal may not come to fruition, the WSJ…
The parent companies of The Post and the Wall Street Journal have filed suit against the Jeff Bezos-backed artificial intelligence firm Perplexity AI for allegedly engaging in a “massive amount of illegal copying” of the publications’ copyrighted work. NYP Holdings Inc. and Dow Jones, both of which are subsidiaries of News Corp, jointly filed the…
China sided with Russia in a row with the US-led West on Friday as the United Nations Security Council debated accountability for the 2022 explosions on the Nord Stream natural gas pipelines. It came as both Chinese President Xi Jinping, who is expected to meet his Russian counterpart Vladimir Putin this month, and top diplomat…
AI server maker Super Micro Computer (SMCI) stock tumbled 15% Thursday after The Wall Street Journal reported that the company is being probed by the US Department of Justice. The Journal, citing unnamed sources, said the DOJ is investigating the company for potential accounting violations. The issue was first brought to light by the short-selling…
According to a report from the Wall Street Journal, the Department of Justice is investigating Super Micro Computer (SMCI) for accounting violations following a critical report by activist short-selling firm Hindenburg Research. Super Micro Computer’s trading was briefly halted following the news, but has since resumed trading. Catalysts Hosts Seana Smith and Madison Mills report…
A look at the day ahead in European and global markets from Kevin Buckland European traders who went to bed thinking a quarter-point Fed rate cut was a lock for next week may well have had a rude awakening on this Friday the 13th, with the odds for a super-sized half-point reduction back at nearly…