JetBlue bid for Spirit wins support from 2 advisory firms
JetBlue’s $3.8 billion bid to buy Spirit Airlines has been endorsed by two firms that advise major investors on how to vote. Institutional Shareholder Services…
AP Wire
Amazon to hire 150,000 workers for holidays
NEW YORK — Amazon will hire 150,000 full-time, part-time and seasonal employees across its warehouses ahead of the holiday season. The announcement, made today, shows…
Average long-term US mortgage rates dip to 6.66% this week
WASHINGTON — Average long-term U.S. mortgage rates ticked down modestly this week after six straight weeks of gains pushed rates to heights not seen in…
More Americans apply for jobless benefits last week
WASHINGTON — More Americans filed for unemployment benefits last week, but the labor market remains strong even in the face of persistent inflation and a…
Hot inflation slows 3Q earnings growth forecasts
Wall Street expects the latest round of quarterly profits to show burn marks from the hottest inflation in four decades, and the damage could linger…
OPEC+ makes big oil cut to boost prices; pump costs may rise
FRANKFURT, Germany — The OPEC+ alliance of oil-exporting countries today decided to sharply cut production to support sagging oil prices, a move that could deal…
EU agrees on price cap for Russian oil over Ukraine war
BRUSSELS — European Union countries agreed today to impose a price cap on Russian oil and other new sanctions after Moscow illegally annexed four regions…
Ian deals blow to Florida’s teetering insurance sector
Daniel Kelly and his wife bought a 1977 doublewide mobile home in May for about $83,000 at Tropicana Sands, a community for people 55 and…
EXPLAINER: Musk Twitter turnaround reflects legal challenges
WASHINGTON — News that Elon Musk has agreed after all to proceed with his $44 billion deal to buy Twitter might have felt like a…
Keep it or toss it? ‘Best Before’ labels cause confusion
As awareness grows around the world about the problem of food waste, one culprit in particular is drawing scrutiny: “best before” labels. Manufacturers have used…