Business

JetBlue Airways and Spirit Airlines have cancelled their $3.8 billion merger after a federal court blocked the deal due to antitrust concerns.

JetBlue, Spirit ditch $3.8 billion budget airline deal

Both Donald Trump and Nikki Haley emerge from the weekend with victories, with Super Tuesday just one day away and, a powerful blizzard in California shuts down parts of a major highway. These stories and more highlight The Morning Rundown for Friday, March 4, 2024.

Trump wins 3 caucuses, Haley wins first primary ahead of Super Tuesday

Kellogg's CEO's "cereal for dinner" comment has created outrage on social media amid rising grocery store prices.

Kellogg CEO’s ‘cereal for dinner’ creates backlash amid rising prices

Biden called for bipartisan border legislation, challenging Trump to join in

Biden, Trump make separate visits to southern border: March 1, 2024

The Biden administration is launching a probe into Chinese-made smart cars, citing national security concerns.

White House probes Chinese smart cars, cites national security concerns

A Panera franchisee responded to controversy by boosting employee wages to $20 per hour amid California's minimum wage law debate.

Is Panera Bread’s CA minimum wage exemption a Newsom favor?

WeightWatchers shares drop after Oprah Winfrey announces board departure

Anheuser-Busch, the company behind Budweiser, and the Teamsters Union have announced a tentative labor agreement, averting potential strikes at 12 U.S. plants. The union, representing about 5,000 workers, had set a deadline for reaching a deal by midnight Thursday, Feb. 29.

Anheuser-Busch reaches tentative agreement with Teamsters Union to avert strike

Congressional leaders strike a deal to avoid a partial government shutdown before Friday night's deadline. And, Defense Secretary Lloyd Austin is set to face questions from Congress over keeping his health a secret. These stories and more highlight The Morning Rundown for Thursday, Feb. 29, 2024

Congress reaches short-term deal to avoid government shutdown: The Morning Rundown, Feb. 29, 2024

Macy's announced the closure of 150 stores over the next three years, which may be a part of a larger culture phenomenon.

How Macy’s closures signal a major transformation in shopping habits

Wendy's is responding to reports that it would hike prices during busy times, clarifying that is not the case.

Wendy’s clarifies dynamic pricing system after online backlash

The head of the International Monetary Fund (IMF) has warned that global economies face pressure from rising debt piles.

Confidence in economy takes another hit. Here’s what’s behind the bad vibes.

Apple is facing accusations of unlawfully monopolizing the smartphone market, with legal experts stating that exclusionary practices harm consumers.

Apple cancels plans for self-driving electric car

Starbucks and Workers United agree to begin collective bargaining negotiations for nearly 400 unionized stores, aiming to establish a fair organizing framework and conclude talks by year's end.

Starbucks and Workers United begin collective bargaining talks

President Biden and former President Trump win in Michigan as a group of Democratic voters use the primary to send a message.

Biden wins Michigan despite ‘uncommitted’ votes; Trump defeats Haley: The Morning Rundown, Feb. 28, 2024

Wendy's is responding to reports that it would hike prices during busy times, clarifying that is not the case.

Wendy’s to test ‘surge’ pricing, some accuse chain of price ‘gouging’

Crypto mining's energy use sparks legal battle as court halts U.S. Department of Energy's survey, citing industry harm.

Power struggle: Crypto mining battles federal regulators over energy use

The Federal Trade Commission filed a lawsuit Monday, Feb. 26, to block Kroger’s $25 billion bid to acquire Albertsons, arguing that the merger would eliminate competition, raise prices for consumers and lower wages for workers. A group of nine attorneys general from different states has joined the FTC’s complaint, indicating broad opposition to the merger.

FTC sues to block $25 billion Kroger-Albertsons deal

An AllSides Media study reveals Google News favors left-leaning sources, with 63% of 2023 content leaning left, an increase from 61% in 2022.

AllSides study finds left-leaning bias in Google News, other aggregators

Virtual reality is showing promising results for some seniors.

Study shows virtual reality helping seniors as ‘silver tsunami’ approaches

AT&T announced yesterday that it would offer a $5 service credit to some customers affected by last week’s cellphone service outage. The outage, which lasted more than seven hours, impacted over 70,000 users, the company disclosed in a letter to employees.

AT&T to credit customers affected by widespread network outage

A man set himself on fire outside the Israeli Embassy in Washington on Sunday, Feb. 24, in what appears to be a protest against Israel's operations in Gaza. The U.S. military has confirmed that the individual is an active-duty member of the U.S. Air Force.

US airman sets himself on fire outside Israeli Embassy in Washington, D.C.: The Morning Rundown, Feb. 26, 2024

On Thursday AT&T reported thousands of customers were affected by a major nationwide outage raising concerns of a possible cyberattack.

AT&T says technical error, not cyberattack, caused major outage

Vice Media, once valued at over $5 billion and known for its edgy, immersive storytelling, is laying off hundreds from its staff of more than 900 employees. CEO Bruce Dixon announced the company will also cease publishing on its Vice.com website, a move reflective of Vice's strategic pivot amid financial struggles, including a bankruptcy filing last year before being sold for $350 million to a consortium led by Fortress Investment Group.

Vice Media cutting hundreds of jobs, no longer publishing website content