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Transportation Department Blesses Alaska Air-Hawaiian Merger, With Strings
The carriers secured clearance from the Transportation Department to proceed with their merger, conditioned on the airlines maintaining service on crucial routes, preserving the value of frequent-flier miles and other customer-service guarantees.
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Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding
Intel said it’s turning its foundry business into an independent unit with its own board and the potential to raise outside capital.
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Cooling needs and more: Jefferies names global stocks to buy driven by AI data center demand
AI data centers are growing fast, as is the demand for them — and that’s set to drive up the demand for products such as cooling systems.
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Amazon tells employees to return to office five days a week
Amazon CEO Andy Jassy is instructing corporate staffers to work out of the office five days a week.
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The Bank of Japan’s next rate hike may come in December, not this week: CNBC survey
CNBC surveyed economists, FX strategists and Japan-focused fund managers on their BOJ expectations and year-end forecast for the yen.
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Microsoft announces $60 billion stock buyback and 10% dividend increase
The software company said shareholders as of Nov. 21 will receive a quarterly dividend of 83 cents a share, compared with the current 75 cents.
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Starbucks CEO creates new role to help revive coffeehouse vibe
The new role will oversee product, marketing, digital, customer insights, creative and store concepts.
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Boeing considers temporary layoffs to save cash during strike
Boeing says it’s considering temporary layoffs to save cash during the strike by machinists
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Larry Ellison and Elon Musk ‘begged’ Nvidia’s Jensen Huang for more GPUs over a fancy sushi dinner
“Please take our money.” That’s how Oracle’s executive chairman summarized the evening the trio dined at Nobu.