CNBC’s Phil LeBeau sits down with Frontier Airlines CEO Barry Biffle to break down the company’s planned merger with Spirit Airlines as JetBlue moves to disrupt the pair’s deal. “We have increased our offer $450 million in cash and $240 million paid upon a yes vote up front,” Biffle said.
Here are five key things investors need to know to start the trading day: 1. Mixed messages President Donald Trump on Wednesday denied the he plans to fire Federal Reserve Chair Jerome Powell following reports that he told Republican lawmakers that he would. A senior White House official told CNBC that Trump asked House Republicans […]
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Construction has started on an $8 billion “ultra luxurious” integrated resort in Singapore that will expand the city-state’s Marina Bay Sands integrated resort and Las Vegas Sands’ presence in Asia. Singapore’s Prime Minister Lawrence Wong and Las Vegas Sands co-founder Miriam Adelson attended a ground-breaking ceremony Tuesday, where it was revealed that the development will […]
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A United Airlines Boeing 757 departs from Los Angeles International Airport en route to New York on Sept. 19, 2024. Kevin Carter | Getty Images United Airlines‘ second-quarter earnings beat estimates and its CEO said travel demand is picking upafter a rocky start to 2025. United expects to post adjusted earnings of between $9 and […]
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