American Airlines plans to appeal ruling that blocks JetBlue partnership, CEO says

A federal judge ruled earlier this month that the airlines' partnership in the region is anticompetitive and ordered the airlines

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American Airlines raises profit forecast thanks to stronger demand and cheaper fuel

American Airlines expects unit revenues to come in better than previously expected for the second quarter. Source link

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Facebook-Giphy sale shows how fear of regulators is slowing M&A market

A global network of regulators weigh in on tech deals large and small, forcing divestitures and blocking acquisitions at a

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Stocks making the biggest moves midday: PacWest, DraftKings, Pfizer, Foot Locker and more

These are the stocks posting the largest moves in midday trading. Source link

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Justice Department wins lawsuit to undo JetBlue, American Airlines partnership in the Northeast

Undoing the partnership would be difficult, especially during the peak summer travel season, which airlines have already sold tickets for.

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Justice Department sues to block JetBlue’s acquisition of Spirit Airlines

JetBlue's takeover of Spirit would create the fifth-largest airline in the country and also eliminate Spirit. Source link

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