DALLAS (AP) — Spirit Airlines said late Thursday that it will talk to JetBlue Airways about its $3.6 billion bid to combine the two airlines, which appeared to leapfrog an earlier offer by Frontier Airlines. Spirit said that after speaking with financial and legal advisers, its directors believe JetBlue’s offer could “reasonably” turn out to…
By Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla chief executive Elon Musk said on Thursday the automaker will expand its “Full Self-Driving (FSD)” beta software to all North American FSD subscribers this year and promised a “dedicated robotaxi”, without giving details. The 50-year-old billionaire, wearing a black cowboy hat and sunglasses, made the comments at a…
(Reuters) -Spirit Airlines would start talks with JetBlue Airways Corp on its $3.6-billion offer, the budget carrier said late on Thursday as it could likely lead to a “superior proposal” to the one from Frontier Group Holdings. JetBlue made an unsolicited offer of $33 per share in cash earlier this week, beating a near $25…
(Reuters) -Spirit Airlines would start talks with JetBlue Airways Corp on its $3.6-billion offer, the budget carrier said on Friday as it could likely lead to a “superior proposal” to the one from Frontier Group Holdings. JetBlue made an unsolicited offer of $33 per share in cash earlier this week, beating a near $25 per…
By Sonali Paul MELBOURNE (Reuters) – Oil prices inched up on Friday but were set to fall around 3% for the week after consuming countries agreed to release 240 million barrels of oil from emergency stocks to help offset disrupted Russian supply. Brent crude futures rose 13 cents, or 0.1% to $100.71 a barrel at…
(Reuters) – Italian confectionary group Ferrero has voluntarily recalled some of its Kinder chocolates from the American shelves for a potential link with salmonella contamination. Kinder Happy Moments Chocolate Assortment and Kinder Mix Chocolate Treats basket are being recalled because they were manufactured in a facility where salmonella was detected, Ferrero North America said on…
By David Lawder WASHINGTON (Reuters) -The United States is ramping up sanctions against Russia to deprive Moscow’s “war machine” of money and components needed to sustain its invasion of Ukraine, but curbing a main source of funding, Russian energy exports, will take time, U.S. Deputy Treasury Secretary Wally Adeyemo told Reuters on Thursday. The United…
(Reuters) -Amazon.com accused the new union at a New York City warehouse of threatening workers unless they voted to organize, an assertion an attorney for the labor group called “really absurd.” A second labor group, the Retail, Wholesale and Department Store Union (RWDSU), which was losing a bid to organize an Amazon warehouse in Alabama,…
By Kantaro Komiya TOKYO (Reuters) – Japan’s current account balance swung back into the black in February from its second-biggest deficit on record in the previous month, providing some respite for policymakers amid a deterioration in economic fundamentals. Soaring fuel costs and a weak yen have expanded Japan’s trade deficit in recent months, more than…
(Reuters) -Amazon.com accused the new union at a New York City warehouse of threatening workers unless they voted to organize, an assertion an attorney for the labor group called “really absurd.” A second labor group, the Retail, Wholesale and Department Store Union (RWDSU), which lost a bid to organize at an Amazon warehouse in Alabama,…
