Business

U.S., Mexico Near Deal to End Aviation Dispute

Volaris CEO Enrique Beltranena predicts that a solution to the escalating aviation dispute between the United States and Mexico will emerge within the next few days. The...

Meta’s $8 Billion Settlement Ends Trial, Spares Delaware Fallout

The Meta Platforms leadership together with certain shareholders achieved an unexpected settlement which stopped an $8 billion court battle that could have forced CEO Mark Zuckerberg to...

Alaska Airlines Cancels Flights After Major IT Outage

Alaska Airlines suspended 7% of its flights on Monday because an essential IT hardware failure led to a systemwide ground stop during late Sunday. The data center...

Russia Signals WhatsApp Likely to Be Restricted

The senior lawmaker has warned WhatsApp to prepare for exiting the Russian market because the Meta-owned messaging service will probably fall under new government rules for restricted...

Crypto Firm Bitcoin Standard Plans Nasdaq Debut via SPAC

Bitcoin Standard Treasury Company plans to become a public company through a merger with a blank-check firm supported by Cantor Fitzgerald according to their announcement on Thursday....

GE Aerospace Raises Profit Outlook as Jet Engine Output Jumps

GE Aerospace increased its annual profit predictions because the company delivered more jet engines and improved supply chain operations. The company has started to solve production limitations...

JPMorgan Appoints New Corporate Banking Co-Heads in U.S.

JPMorgan Chase appointed Mike Lister and Brennan Spry to lead its North America corporate banking division through an internal communication. The bank maintains its Commercial and Investment...

FAA Says Starlink Not Replacing Key Contracts

The U.S. Federal Aviation Administration stated through a reviewed letter that it will not replace its current telecommunications contractors Verizon and L3Harris with Elon Musk’s Starlink satellite service....