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Spirit Airlines Postpones Frontier Shareholder Vote

Rebecca Urena06/08/202206/08/2022

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Spirit Airlines (NYSE: SAVE) has opted to postpone its shareholder meeting set for Friday, until June 30, as it contemplates its next steps with Frontier and JetBlue. The move...

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Kohl’s Enters Exclusive Sale Talks with Franchise Group

Rebecca Urena06/07/202206/07/2022

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Kohl’s (NYSE: KSS) shares surged 10% in early morning trading amid news that it had entered into exclusive negotiations with retail holding company Franchise Group, which has offered to...

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Elon Musk Could Walk Away from Twitter Deal

Rebecca Urena06/06/202206/06/2022

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Elon Musk threatened to end his purchase of Twitter (NYSE: TWTR) on Monday, after stating that the social media company violated the merger agreement. The accusation details that Twitter...

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Kohl’s Sale Negotiations Could Drag on for Weeks

Rebecca Urena06/06/202206/06/2022

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The bidding process for Kohl’s (NYSE: KSS) doesn’t seem to be coming to a close any time soon. According to a person familiar with the matter, it may take...

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Freightos to go Public Amid SPAC Deal

Rebecca Urena06/01/2022

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FedEx-backed Freightos, a digital platform for global freight-booking services, is set to go public through a merger with special purpose acquisition company Gesher I Acquisition Corp (NASDAQ: GIAC). The...

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Uber Enters Agreement to Expand its Business in Italy

Rebecca Urena05/24/202205/24/2022

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Uber (NYSE: UBER) has entered into a partnership with IT Taxi, the biggest dispatch service in Italy, as a means of increasing the company’s presence within the country. The move...

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Flight Attendants’ Union Favors Spirit-Frontier Merger

Rebecca Urena05/18/2022

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The flight attendants union that represents workers at Spirit Airlines (NYSE: SAVE) and Frontier Airlines (NASDAQ: ULCC) expressed their support for the possible merger of the two carriers. The...

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Robinhood Shares Soar After Crypto Billionaire Takes Stake

Rebecca Urena05/13/202205/13/2022

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Robinhood (NASDAQ: HOOD) shares skyrocketed over 24% on Friday after the CEO of a major crypto exchange acquired a stake in the investing app. According to a document filed...

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Intuit to Pay Customers $141 Million Amid ‘Free’ TurboTax Ads

Rebecca Urena05/05/202205/05/2022

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Intuit (NASDAQ: INTU), the owner of Turbotax, is to pay USD141 million in a settlement with all 50 states amid allegations that it steered its low-income customers away from...

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Twitter Accepts Elon Musk’s $45 Billion Buyout Deal

Rebecca Urena04/25/202204/25/2022

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Twitter (NYSE: TWTR) announced that it has accepted Elon Musk’s offer to acquire the company for approximately USD44 Billion. The deal is expected to be heavily scrutinized as some...

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