Monday, May 16, 2022

JetBlue launches hostile takeover for Spirit

JetBlue is going hostile in its effort to acquire Spirit, the latest twist in an industry battle for the low-cost carrier.
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JetBlue launches hostile takeover for Spirit
JetBlue is going hostile in its effort to acquire Spirit, the latest twist in an industry battle for the low-cost carrier. Read more »
 
Boeing needs to get its 's*** together,' Ryanair CEO says
The CEO of Ryanair let loose a scathing, obscenity-laden attack on Boeing management Monday, saying company executives need either an immediate "reboot, or a boot up the a**." Read more »
 
Limiting abortion access is bad for the economy
Reproductive rights activists are worried about women losing abortion access in parts of the United States. Economists are worried, too, because restricting reproductive freedom comes at an economic cost to the nation. Read more »
 
The Fed's slow response to inflation was a mistake, says ex-chair Ben Bernanke
The first rule of running the Federal Reserve is: You do not criticize the Federal Reserve. Read more »
 
Walmart has a new way to turn college grads into store managers
Walmart is creating a new program to fast-track recent college graduates into store manager positions — salaried roles that pay upwards of $200,000 a year. Read more »
 
Stocks could fall a lot further
Stocks have been tumbling all year. The Nasdaq, down nearly 25% in 2022, is in a bear market. The S&P 500 is on a six-week losing streak and about 16% below its all-time high. Read more »
 
 
 
 
Dow Nasdaq S&P
+26.76   -142.21   -15.88
32,223.42   11,662.79   4,008.01
+0.08%   -1.20%   -0.39%
YTD -11.32%   YTD -25.45%   YTD -15.91%
 
Biggest Winners
Occidental Petroleum Corp +5.68%
 
NRG Energy Inc +4.21%
 
Halliburton Co +4.07%
 
Marathon Oil Corp +3.63%
Biggest Losers
Twitter Inc -8.18%
 
Bath & Body Works Inc -5.10%
 
Vulcan Materials Co -4.70%
 
Live Nation Entertainment Inc -4.69%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $113.82 +3.33 / +3.01%
Gold $1,823.20 +15.00 / +0.83%
10-yr 2.88% -0.06
Euro $1.04 +0.00 / +0.33%
More Markets Now
 
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