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 its effort to wrest Spirit Airlines from its planned merger with Frontier enters the final stretch.
Jun. 6, 2022 at 11:47 a.m. ET by Alison Sider
Stock Indexes Rise After Weekly Loss
U.S. stock benchmarks moved higher, putting the Dow and S&P 500 on track to recover from a muted trading week that ended in losses.
Jun. 6, 2022 at 11:34 a.m. ET by Chelsey Dulaney
An Amazon Veteran Wants to Reinvent Himself. At Microsoft.
Charlie Bell helped build Amazon’s cloud-computing empire. In his new job at a longtime rival, he still relies on lessons from Amazon colleagues on how to handle crises, solve problems and set the right example.
Jun. 6, 2022 at 10:34 a.m. ET by Dana Mattioli
Starbucks Is Seeking Fresh Blood in CEO Search
Starbucks’s interim CEO Howard Schultz, back for his third stint at the coffee giant, said it needs fresh blood and a “different type of leader,” and is focusing on external candidates.
Jun. 6, 2022 at 9:21 a.m. ET by Heather Haddon
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 9:10 a.m. ET by Dave Sebastian
Beijing Cautiously Reopens After Covid-19 Wave
China’s capital lifted restrictions on dining in restaurants and many workers returned to their offices, but new Covid-19 flare-ups around the country and fresh lockdowns in parts of Shanghai continue to pose risks to the …
Jun. 6, 2022 at 8:45 a.m. ET by Brian Spegele
Why I Quit Georgetown
The university didn’t fire me, but it abandoned free speech and created a hostile environment.
Jun. 6, 2022 at 8:45 a.m. ET by Ilya Shapiro
Source: Marketwatch