Loading

Tomás Del Coro from Las Vegas, Nevada, USA, CC BY-SA 2.0, via Wikimedia Commons

JetBlue Raises Offer to Buy Spirit Airline Amid…

JetBlue Airways is sweetening its bid with an extra $150 million to win control of Spirit Airlines in hopes that shareholders will reject a merger with rival Frontier Airlines. JetBlue's enhanced bid includes a reverse breakup fee…

Elon Musk via Wikimedia Commons

Elon Musk Threatens to Abandon Twitter Deal

Elon Musk accused Twitter of “resisting and thwarting” his right to information about fake accounts on the platform, calling it a “clear material breach” of the terms of their merger agreement in a letter to the company on Monday. “Mr.…

Pixabay

DOJ Files First Criminal Charges Over Cryptocurrency Insider…

The Department of Justice put bad actors in the cryptocurrency community on notice Wednesday by filing the first-ever criminal charges against an alleged digital asset insider trading scheme. The DOJ charged Nathaniel Chastain, a former product manager with OpenSea,…

Amazon Concocts New Plan to Stave Off Losses…

Amazon will sublease some of its warehouses as sales have fallen off from the high levels the company registered at the height of the COVID-19 pandemic. Spokeswoman Alisa Carroll said subleasing allows the company to "relieve the…

Tony Webster from Minneapolis, Minnesota, United States,

Wells Fargo accused of holding fake job interviews…

A former executive at Wells Fargo bank is claiming that the company held "fake" job interviews for minority candidates for positions that had already been filled and says he was fired for bringing attention to the matter. Joe…

Twitter logo via Wikimedia commons image

Report: Twitter to Add Warning Label to Tweets…

Twitter announced the roll-out of a "crisis misinformation policy" which will seek to suppress posts the company deems "viral misinformation." The social media platform announced the policy Thursday with an official blog post. The feature would…

Loading

Tomás Del Coro from Las Vegas, Nevada, USA, CC BY-SA 2.0, via Wikimedia Commons

JetBlue to Launch Hostile Takeover Attempt for Spirit…

JetBlue Airways Corp. plans to launch a hostile takeover attempt for discount carrier Spirit Airlines Inc., according to people familiar with the matter, after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing…

Dana60Cummins, Public domain, via Wikimedia Commons

Ford to Fine Dealers $25,000 for Selling F-150…

Ford is hoping its dealers sell a lot of the electric F-150 Lightning pickups that are on the way to their showrooms now, but not all of them. The automaker has set up a special program that gives…