Meta shares close at a record as last year's mega rally continues
Meta shares rose nearly 2% to $383.45 on Friday, setting a new record and surpassing the prior high from 2021.
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Spirit jumps 17% after raising fourth-quarter forecast, plans to refinance debt
Spirit Airlines on Friday raised its financial forecast for the fourth quarter of 2023.
This record-breaking market just keeps going higher and higher. Here's why
Prospects for a slowing economy, geopolitical unrest and turmoil in Washington aren't scaring market participants.
Consumer sentiment surges while inflation outlook dips, University of Michigan survey shows
The University of Michigan's Survey of Consumers showed a reading of 78.8 for the month, its highest level since July 2021.
JetBlue to cut some routes as it pushes for profitability
JetBlue is focusing on leisure routes and will add service in the Caribbean and to Paris, after a judge rejected its purchase of Spirit Airlines.
Stellantis CEO says automaker won't sell EVs at a loss like other carmakers
Stellantis currently has 25 EVs available globally and expects to launch another 23 by the end of this year.
Why the JetBlue-Spirit antitrust ruling doesn't spell doom for an Alaska-Hawaiian merger
Analysts and experts say the pitfalls that brought down the Spirit-JetBlue deal may offer clues into how Alaska and Hawaiian could pass muster.
December home sales slump to close out worst year since 1995
December home sales were 6.2% lower than in the same month a year earlier.
Ford cuts production of F-150 Lightning EV, adds jobs at Bronco and Ranger plant
Ford is reducing Lightning production at its Rouge Electric Vehicle Center to one production shift from two, impacting approximately 1,400 employees.
‘Fraud is at a crisis level,’ says expert: 5 financial scams to watch out for in 2024
Fraud costs consumers billions of dollars each year. Knowing the tactics criminals use can help you avoid getting scammed. Here’s how to protect yourself.
ECB's Lagarde calls for a strong Europe to prepare for possible Trump return
European Central Bank President Christine Lagarde said that Europe must go on the offensive, if it is to compete with other major markets, including the U.S.
Sweetgreen wants to be the ‘McDonald's of its generation.’ This rival salad chain could beat it
Salad and Go wants to provide a healthier, cheap fast-food option with its $7 salads and wraps.
From Dimon and Blinken, to Altman and Lagarde: Here are some of the top quotes from Davos
The business and political elite met at the World Economic Forum in Davos, from JPMorgan CEO Jamie Dimon to Ukraine's President Volodymyr Zelenskyy.
Wendy's taps PepsiCo exec Kirk Tanner as new CEO as burger chain fights off activist pressure
Outgoing CEO Todd Penegor has been at the helm of Wendy's since 2016.
Amazon names logistics head as new AWS CFO
John Felton, Amazon's top logistics executive, will take over as chief financial officer of its cloud computing unit.
Judge rejects Trump bid to hold special counsel Jack Smith in contempt in election case
A judge rejected an effort by former President Donald Trump to hold special counsel Jack Smith in contempt in Trump's criminal election interference case.
Amazon's latest layoffs hit its Buy with Prime unit
Since the new year began, Amazon has laid off employees in its Prime Video, MGM Studios, Twitch and Audible divisions.
Failed JetBlue buyout leaves Spirit Airlines with a tough path forward
Spirit, whose last profitable year was 2019, had challenges even before the ruling including grounded planes, softening demand and rising costs.
Judge loses patience with Trump lawyer in E. Jean Carroll sex assault defamation trial
Donald Trump clashed with the judge and complained about E. Jean Carroll's testimony during her first day on the stand in his sex assault defamation trial.
Nvidia and AMD shares hit record highs on AI chip surge
Investors are increasingly bullish on AMD, which is the second largest standalone GPU maker,
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