JetBlue extends tender offer date for Spirit Airlines
JetBlue Airways Corp (JBLU.O) said on Thursday it was extending the expiration date of its cash tender offer for Spirit Airlines Inc (SAVE.N) to July…
Category: Business
U.S.-dollar Libor transition enters critical phase for leveraged loan market
The one-year countdown began on Thursday to the end of the publication of the tarnished London Interbank Offer Rate, or Libor, for existing U.S. dollar-denominated…
Former top Apple lawyer pleads guilty to insider trading
The former top corporate lawyer at Apple Inc (AAPL.O) pleaded guilty on Thursday to insider trading charges, for what prosecutors called a five-year scheme to…
Delta Air Lines CEO apologizes for flight disruptions
Delta Air Lines Inc (DAL.N) Chief Executive Officer Ed Bastian on Thursday apologized for recent flight cancellations and delays, as U.S. lawmakers raised questions about…
Enjoy Technology, led by ex-Apple and JC Penney executive Johnson, files bankruptcy
Enjoy Technology Inc (ENJY.O), a Silicon Valley retailer led by former Apple Inc (AAPL.O) and JC Penney Co executive Ron Johnson, filed for bankruptcy protection…
Oil falls 3% on uncertainty over future OPEC+ output, recession fears
Oil prices sank around 3% on Thursday as OPEC+ confirmed it would only increase output in August as much as previously announced despite tight global…
Shell pauses sale of Nigerian onshore oil assets
Shell (SHEL.L) said on Thursday it had suspended plans to sell its onshore oil assets in Nigeria, complying with a Supreme Court ruling that said…