Hot inflation rocks stocks, Trump’s $350M fine and JetBlue flies high on Icahn boost
Steve Forbes, chairman of Forbes Media, discusses the administration’s inflationary policy on Kudlow. — Inflation soars, creating new headaches for the Federal Reserve. — Stocks end a rocky week as investors spook at red-hot inflation data — Former President Trump sentenced to $350 million fine in shocking trial — Ford CEO sends tough message to […]
Billionaire Carl Icahn nears deal for 2 JetBlue board seats, days after taking 10% stake: report
Activist investor Carl Icahn is close to a deal to win two seats on JetBlue Airways’ board of directors. The Wall Street Journal reported Friday, just days after he acquired about 10% of the airline’s stock. The billionaire and the airline are finalizing a settlement agreement that would avoid a proxy fight. WSJ, citing people […]
Carl Icahn reports stake in JetBlue, sends shares surging
JetBlue shares soared nearly 12% on Tuesday after activist investor Carl Icahn bought nearly 10% of the company’s stock and reports emerged that the company’s stock was undervalued. The billionaire corporate raider amassed shares in a series of acquisitions that began on Jan. 26, according to regulatory filings obtained by authorities. CNN — one week […]
Spirit Airlines pilots sending out résumés after JetBlue deal collapse
Some Spirit Airlines pilots are worried and looking for other opportunities after a judge last month blocked the airline’s planned merger with rival JetBlue Airways, casting doubt on its future. There are some people. Spirit pilots, recruiters and industry officials told Reuters the ruling had led to an increase in job applications at other workplaces. […]
Two JetBlue Planes Collide at Boston Airport
Two JetBlue planes collided on the tarmac at Boston Logan International Airport, the Federal Aviation Administration (FAA) confirmed Thursday morning. According to the FAA, the collision occurred when one aircraft that was entering a de-icing pad collided with another aircraft in an adjacent de-icing pad lane. No injuries were reported, but both aircraft were grounded […]
Two JetBlue planes collide on the ground at Boston airport
Two JetBlue planes collided on the tarmac at Boston’s Logan International Airport Thursday morning, disrupting everyone’s travel plans. Around 6:40 a.m., Flight 777’s left winglet struck the right horizontal tail of Flight 551, which was on a de-icing pad, the Federal Aviation Administration said. No injuries were reported. One of the passengers, Dave Souter, was […]
Drunk JetBlue passenger detained by fellow fliers after getting violent: video
On a recent flight to New York, a British JetBlue passenger became inebriated and verbally abused a flight attendant, and had to be restrained by four fellow passengers, a video has revealed. The incident occurred Tuesday on a flight from Gatwick Airport to New York’s John F. Kennedy Airport. In the footage, an aggressive man […]
Grandma, 74, assaulted by JetBlue flight crew, left with black eye: suit
It was a storm over a teacup. A JetBlue Airways passenger claims he was accosted by a flight attendant when he tried to dispose of a teacup and spoon. Angela Sidell was flying to Costa Rica from JFK Airport on October 31st to celebrate her recent retirement, but when she was looking for a trash […]
Spirit shares sink after JetBlue casts doubt on $3.8B merger
JetBlue Airways on Friday expressed doubts about completing its $3.8 billion merger with Spirit Airlines, saying it may not meet certain conditions required as part of the deal by deadline. Spirit's stock price fell 17% after the announcement, adding to a loss of about 55% this month sparked by a U.S. judge's effort to block […]
JetBlue, Spirit vow to appeal judge’s decision to block merger
JetBlue Airways and Spirit Airlines said Friday they will appeal a judge's decision that blocked the airlines from merging. The airline filed a notice of appeal with the U.S. Court of Appeals for the First Circuit. Said on friday statement. A federal judge on Tuesday blocked JetBlue's $3.8 billion acquisition of Spirit, saying it would […]