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JetBlue Sweetens Bid for Spirit Airlines

JetBlue raised a break-up fee it would pay to $350 million and pledged to prepay some of that as a cash dividend, as it doubles down on efforts to thwart Spirit’s deal with rival Frontier Group Holdings.

Jun. 6, 2022 at 7:34 a.m. ET by Colin Kellaher

Boris Johnson Faces No-Confidence Vote Over Lockdown Parties

A ballot was triggered by rebel lawmakers in the Conservative Party following a collapse in the U.K. prime minister’s poll ratings caused in part by parties in Downing Street during Covid-19 lockdowns.

Jun. 6, 2022 at 7:26 a.m. ET by Max Colchester

Stock Futures Rise After Weekly Loss

U.S. stock futures ticked higher, putting markets on track to recover from a muted trading week that ended in losses for major U.S. indexes.

Jun. 6, 2022 at 7:17 a.m. ET by Chelsey Dulaney

AstraZeneca Breast-Cancer Drug Shown to Slow Tumor Progression

A new study showed Enhertu cut the risk of tumor progression by half for people with the most advanced form of the disease, offering the prospect of a new treatment for one of the most widely diagnosed cancers.

Jun. 6, 2022 at 7:15 a.m. ET by Denise Roland

Why Variants Keep Covid-19 Cases Simmering in the U.S.

A look at some of the Covid-19 data underlying Omicron’s recent spread suggests that an increasing share of Americans have some immunity against SARS-Cov-2, but the virus’s latest subvariant can sidestep our defenses.

Jun. 6, 2022 at 7:00 a.m. ET by Josh Ulick

Rick Caruso’s Millions Upend Los Angeles Mayoral Race

The mall developer has smashed the campaign-spending record and is neck-and-neck with U.S. Rep. Karen Bass, previously a heavy favorite to lead America’s second-most-populous city.

Jun. 6, 2022 at 5:30 a.m. ET by Christine Mai-Duc

Americans Sour Over Economy, Politics

Americans are deeply pessimistic about the U.S. economy and view the nation as sharply divided over its most important values, according to a new Wall Street Journal-NORC Poll.

Jun. 6, 2022 at 5:30 a.m. ET by Janet Adamy

Elliott Management Sues LME Over Nickel Crisis

Activist hedge-fund manager Elliott Management sued the London Metal Exchange for more than $456 million after the exchange earlier this year suspended nickel trading and canceled some trades following wild price swings.

Jun. 6, 2022 at 4:46 a.m. ET by Dave Sebastian

Source: Marketwatch

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