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Category Archives: Uncategorized

Jamie Dimon warns ‘all these very powerful forces’ will impact U.S. economy in 2024 and 2025

Dimon has remained cautious over the past few years, despite record profits at JPMorgan Chase and a U.S. economy that has defied expectations.

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Flight disruptions linger as winter storms, Max 9 grounding snarl travel

Airlines canceled more than 1,800 U.S. flights Tuesday as winter weather continues to disrupt travel for millions of travelers.

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Pentagon awards $2.5 billion in satellite contracts to L3Harris, Lockheed Martin and Sierra Space

The Space Force unit on Tuesday announced about $2.5 billion in satellite contracts would go to L3Harris, Lockheed Martin, and Sierra Space.

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Boeing appoints independent advisor to lead 737 Max 9 review as groundings stretch on

Retired Admiral Kirkland Donald will lead a review of Boeing’s quality management system and provide a report to CEO Dave Calhoun.

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Classic car auction site Bring a Trailer’s sales hit record $1.4 billion even as prices drop

Bring a Trailer’s sales climbed in a rare bright spot for the classic-car market.

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Judge blocks JetBlue-Spirit merger after DOJ’s antitrust challenge

JetBlue’s proposed $3.8 billion purchase of discounter Spirit would have produced the country’s fifth-largest airline.

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Space investment rebounded in 2023 with heavy sector M&A, report says

Space Capital’s report highlighted 2023 as “a year of consolidation,” with 39 M&A deals.

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Please stop ignoring your flight attendants

One lesson to be learned from recent incidents on Japan Airlines and Alaska Airlines: It’s time to start paying attention to pre-flight safety demonstrations.

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Burger King owner Restaurant Brands buys chain’s largest U.S. franchisee

Restaurant Brands International will spend about $1 billion to buy Carrols Restaurant Group, the largest U.S. franchisee of Burger King.

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10 years in, GM CEO Mary Barra has built her legacy on change and crisis. 2024 will bring new tests

GM is facing challenges with EV demand and its Cruise autonomous driving unit, but those headwinds may play to Barra’s strengths.

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