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Spirit Airlines rejects another Frontier Airlines acquisition worth $2.16B

Spirit Airlines rejected an acquisition offer worth about $2.16 billion from Frontier Group.Spirit and Frontier…

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Ford CEO says tariffs bringing ‘a lot of cost and a lot of chaos’

Ford CEO Jim Farley said Tuesday that President Donald Trump's tariff push has so far…

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McDonald’s takes massive sales hit from E. Coli outbreak

McDonald's sales took a significant hit in its latest quarter due to an E. coli…

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Hyatt to acquire Playa Hotels

Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net…

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DOGE cuts, Trump’s tariffs and Super Bowl Sunday

-Stocks ended Friday and the week on a down note as Trump's tariffs roiled investorsĀ …

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Allstate says California wildfires to bring company $1.1 billion in losses

Allstate said the wildfires that blazed through Southern California last month will bring the insurance…

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Ford is expecting mounting EV losses this year

Ford Motor Co. announced its fourth-quarter earnings this week, and while they came in above…

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Nissan, Honda respond to reports of potential merger being scrapped

Nissan and Honda responded on Wednesday to reports that a potential merger of the companies…

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Daniel Penny lands role at firm to ā€˜learn the business of investing’: report

Daniel Penny, who in December was acquitted of criminally negligent homicide for a chokehold in…

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Estee Lauder trimming its workforce by up to 7,000 jobs

Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from…

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