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...be banned from US app stores....
...The bloated share counts push up trading volumes but can weigh heavily on stock prices, particularly for lossmaking groups....
...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
...British Airways owner International Airlines Group has reported record annual profits as it cashed in on “sustained” demand for leisure travel at high prices, including from holidaymakers filling business...
...US market....
...Global airline groups, including British Airways owner IAG, have also reported strong profits in the past few weeks, as airfares remain higher than pre-pandemic levels....
...A US federal judge has blocked JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines, in a victory for the Biden administration’s top antitrust enforcer at the Department of Justice....
...CME Group said it will apply to clear US Treasuries, becoming the first exchange company to publicly state its ambitions to grab a lucrative slice of the world’s biggest bond market....
...Policy risks in other sectors are rising too, from Joe Biden as well as Trump; just look at US Steel....
...There has also been a push from consumer groups and airports to stop the wave of consolidation, amid questions over whether airline takeovers in the US have benefited consumers....
...Epic largely lost a high-profile legal case against Apple in the US....
...TikTok has partnered with US cloud software group Oracle to build a standalone unit to wall off American user data....
...Barclays operates a partnership model in the US market, running co-branded credit cards for 20 companies including The Gap, JetBlue Airways and the AARP....
...It is “a big obstacle” for Ethiopian Airlines and affects “nearly all African airlines” who are not able to expand their services, Ethiopian Airlines Group chief executive Mesfin Tasew told the Financial...
...on major tech groups in late 2020....
...But we remain curious, and this one seems to have gotten some attention, so do let us know off-record if you’ve run across it . . ....
...The agricultural products group Archer Daniels Midland, which put its chief financial officer on leave in January while it investigated accounting practices at its food ingredients business, said on Friday...
...Tesla has tumbled so far it is now fighting to hold on to its place among the top 10 most valuable companies in the US....
...Around 24,000 workers at British Airways have accepted a deal that will increase their pay by 13 per cent, the union Unite announced on Friday....
...Timms will take over from Neal Wolin, former deputy secretary of the US Treasury....
...The US IPO market has had a shaky start to the new year....
...Jewish groups in the US, for example, accuse it of giving pro-Palestinian voices more prominence in its algorithm than pro-Israeli ones as the war in Gaza has unfolded....
...The clean-energy research group said the US imported 50 gigawatts of panels between January and November 2023, a record high....
...The fifth-largest airline in the US has struck a deal to buy smaller rival Hawaiian Airlines — for $1.9bn, including debt....
...s Berkshire Hathaway sold 10mn Apple shares in the last three months of 2023, cutting into a position that the so-called Oracle of Omaha has called one of the “four giants” that account for most of his group...
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