Biden DOJ sues to block sugar merger, cites supply chain strain

Photo ATU | Photo Bank | Getty Images The Biden administration sued Tuesday to block the proposed merger of two sugar giants, arguing that such an acquisition would wipe out competition and raise prices at a time when global supply chains are already under pressure. An antitrust civil lawsuit, filed in a federal court in … Read more

American, JetBlue seek dismissal of antitrust lawsuit tied to partnership

JetBlue Airways Corp aircraft at Ronald Reagan National Airport (DCA) in Arlington, Virginia, United States, Tuesday, May 25, 2021. Stephanie Reynolds | Bloomberg | Getty Images American Airlines and JetBlue Airways on Monday asked a US judge to dismiss a lawsuit brought by the Department of Justice and six states over the two carriers’ partnership … Read more

These are the stocks retail investors love that UBS says can go higher

UBS’s roster is littered with reopening plays such as travel companies Norwegian Cruise Line, United Airlines, Royal Caribbean Cruises, MGM Resorts and Southwest Airlines. .

Moderna, Robinhood, Boeing and more

A Moderna sign is seen outside their headquarters in Cambridge, Massachusetts on March 11, 2021. Boston Globe | Getty Images Check out which companies are making the headlines in midday trading. United Airlines, Boeing – Shares of travel-related stocks fell after Austria announced earlier in the day that it would enter a full national lockdown … Read more

20 million travelers expected to test airlines

Passengers at LAX outperform the crowds on Thursday, November 18, 2021, as up to two million people are expected to pass through Los Angeles International Airport during the two-week Thanksgiving holiday that begins today, potentially doubling the number. From the same time last year. Al-Sib | Los Angeles Times | Getty Images Travelers are about … Read more

Cramer likes stocks tied to strong American consumer

CNBC’s Jim Cramer said Friday that recent market underperformance in non-tech stocks is giving investors an opportunity to buy names that do well when Americans are spending their money. “What an opportunity to buy stuff that gets dumped right and left,” Kramer said on Squawk on the Street, as Dow futures pointed to a more … Read more

U.S. ends international travel ban, opens door to vaccinated tourists

A woman poses for a photo before checking in for a flight at Heathrow Airport Terminal 3, after restrictions on entry of non-US citizens into the United States were lifted to curb the spread of the coronavirus disease (COVID-19), in London, Britain, November 8, 2021. Henry Nichols | Reuters The United States on Monday ended … Read more

U.S. to lift international travel entry bans. Here’s are the new rules

A military person talks with travelers as they arrive at Terminal 4 at John F. Kennedy International Airport in New York on December 22, 2020. hit by betancourt | AFP | Getty Images International arrivals and departure halls have been among the quietest parts of US airports since Covid-19 was declared a pandemic in March … Read more

Federal judge rejects Southwest Airlines pilots’ request to block vaccine mandate

A Southwest Airlines plane sits at a gate at Orlando International Airport in Orlando, Florida, United States, October 11, 2021. Joe Skipper | Reuters A federal judge in Texas has rejected a request by the Southwest Airlines pilots’ union to temporarily halt a vaccine mandate for employees, a requirement under new government rules. Dallas-based Southwest … Read more

Stock futures are flat ahead of major earnings reports on Tuesday

US stock futures were flat in overnight trading on Monday as investors braced for a big day of earnings on Tuesday. Dow futures fell just 12 points. S&P 500 futures fell 0.03% and Nasdaq 100 futures were near the flat line. On Monday, the S&P 500 and Nasdaq Composite posted fourth-day gains. The S&P 500 … Read more