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Business News

JetBlue-Spirit merger: US Judge hits the brakes

A judge blocked the JetBlue-Spirit merger, citing competition concerns impacting the airlines' plans, and signaling potential antitrust changes in the industry.

Business News

Morgan Stanley's earnings escapade and uncharted waters

Despite Q4 earnings dip, Morgan Stanley's diverse operations and wealth focus position it cautiously optimistic for 2024 amidst economic challenges.

Business News

Citigroup Slashes 20,000 Jobs: Restructuring or Retreat?

Citigroup is cutting jobs under CEO Jane Fraser's leadership to boost efficiency and manage financial challenges while considering the human impact.

Business News

Delta does a double-take: Clear skys or turbulence in 2024?

Delta Air Lines balances 2023 success with cautious 2024 projections, adapting strategically to industry challenges and sustainability goals.

Business News

Bitcoin ETF: Wall Street's crypto craze

Bitcoin ETFs, introduced in 2024, merge traditional stock trading ease with Bitcoin's market volatility.

Business News

iRobot rumble: Can Roomba hold its ground?

Amazon's acquisition of iRobot faces challenges from the European Commission, affecting the smart home technology market.