JetBlue Warns It Might Scrap Spirit Airlines Takeover

JetBlue Airways warned that it could terminate its attempted takeover of Spirit Airlines next week after a federal judge's ruling blocked their planned merger. 


 
Amex's stock soars toward record as affluent spenders drive growth

American Express came in ahead of Wall Street expectations with its financial forecasts for 2024. 


 
Colgate-Palmolive's earnings buoyed by higher prices

Consumer goods company topped earnings estimates for the fourth quarter and offered upbeat guidance. 


 
Norfolk Southern books another charge for Ohio derailment and misses on profit again

Shares of Norfolk Southern Corp. were hit hard Friday after the rail operator extended its streak of quarterly profit misses and booked yet another charge associated with the train derailment in East Palestine, Ohio, nearly a year ago. 


 
For Blackstone's Property Fund, Resilient Valuations Might Have a Downside

Blackstone's flagship property fund spent 2023 trying to staunch the flow of shareholder cash out the door. A quiet spell for fundraising is its next challenge. 


 
This Year, Tesla Stock Isn't So Magnificent

Tesla shares have dropped during an otherwise banner stretch for technology heavyweights. 


 
Cyber Management Details Emerge Under SEC Rules

Initial filings from Lockheed and others are setting direction for security governance disclosures. 


 
LVMH leads luxury stock rally following record 2023 results despite market slump 
 
 
WuXi Company Shares Tumble on U.S. Bill Aimed at Chinese Biotech

Shares of the WuXi family of companies tumbled on concerns a proposed bill will block the U.S. government from doing business with Chinese biotechnology companies due to alleged military ties. 


 
Salesforce Laying Off 700 Workers in Latest Tech-Industry Downsizing

The cuts, which will affect around 1% of the company's workforce, follow a 10% reduction last year.


(END) Dow Jones Newswires

01-26-24 1315ET