Hone downgraded to tropical storm after pounding Hawaii’s Big Island with flooding rains
HILO, Hawaii – As the sun rose over the Hawaiian Islands Sunday, the full impact of what was then Hurricane Horn was being felt across the Big Island. Horn battered the Big Island and coastline over the weekend as a Category 1 hurricane, packing flooding rain, damaging winds and dangerous surf, before weakening by Monday […]
JetBlue downgraded by S&P and Moody’s amid $3B debt raise
See what’s clicking on FoxBusiness.com Ratings agencies S&P and Moody’s downgraded JetBlue Airways after the airline announced plans to raise more than $3 billion in debt, much of it through its loyalty program, TrueBlue. The New York-based company’s shares plummeted 19%. JetBlue plans to raise $1.5 billion through a private offering of senior secured notes […]