Mar 07 Watch 5:02 News Wrap: Fed indicates robust economy, inflation could drive more rate hikes In our news wrap Tuesday, Federal Reserve chair Jerome Powell said high inflation and a robust economy may mean more interest rate hikes, Mexican officials confirmed two kidnapped Americans have been found dead, President Biden proposed raising taxes on those… Continue watching
Mar 07 WATCH: Garland announces antitrust lawsuit to block JetBlue from buying Spirit Airlines By David Koenig, Associated Press The Biden administration sued to block JetBlue Airways' $3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers. Continue reading
Jul 28 JetBlue strikes $3.8 billion deal to buy Spirit Airlines By David Koenig, Michelle Chapman, Associated Press JetBlue will acquire Spirit for $33.50 per share in cash, including a prepayment of $2.50 per share in cash payable once Spirit stockholders approve the transaction. Continue reading
May 09 Watch 5:56 News Wrap: Trump administration reportedly considering military expansion in Afghanistan By PBS News Hour In our news wrap Tuesday, the Trump administration is reportedly considering a plan to vastly expand the U.S. military's role in fighting the Taliban in Afghanistan, boosting the number of troops and giving the Pentagon power to set troop levels. Continue watching