Business

(Reuters) – Frontier Airlines is exploring a renewed bid for Spirit Airlines, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The two budget carriers have had recent discussions about a possible merger though the talks are at an early stage and a deal may not …

By Waylon Cunningham (Reuters) – Starbucks’ new CEO Brian Niccol has his work cut out for him. Tasked with reassuring investors that the company’s coffee shops are still hugely popular in the U.S., Niccol also has to contend with baristas and hardcore Starbucks customers who say they want plenty of …

By Ankur Banerjee SINGAPORE (Reuters) – Gold prices jumped to record high and the dollar was on the rise again on Wednesday, keeping the pressure on the yen and the euro, while stocks in Asia stuttered as investors were reluctant to place major bets ahead of a hotly contested U.S. …

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. NVIDIA Corp (NASDAQ:NVDA) reached a new milestone Monday, with its shares climbing 4.14% to close at an all-time high of $143.71, prompting a notable response from CNBC’s Jim Cramer. What Happened: Following the …

US Federal Reserve Board Chairman Jerome Powell.Anna Moneymaker/Getty Images Bonds have sold off as traders reassess the path of Fed Reserve rate cuts. Strong economic data and the potential for a Trump win have pushed interest rates higher. The Fed may keep rates unchanged next month, and the October jobs …

(Bloomberg) — Texas Instruments Inc. Chief Executive Officer Haviv Ilan said that customers are working through excess inventory and the timing is right for an order recovery following eight straight quarters of revenue declines. Most Read from Bloomberg Speaking on a conference call after delivering third-quarter results, Ilan said that …

Alex Wong/Getty Images Stocks slumped Tuesday amid rising bond yields. Investors are adjusting outlooks for interest rate cuts from the Fed. On the earnings front, Tesla, UPS, and Boeing will report later in the week. US stocks headed for their second losing session in a row, with major indexes slumping …

(Bloomberg) — The last time US government bonds sold off this much as the Federal Reserve started cutting interest rates, Alan Greenspan was orchestrating a rare soft landing. Most Read from Bloomberg Two-year yields have climbed 34 basis points since the Fed reduced rates on Sept. 18 for the first …

(Reuters) -Starbucks Corp has suspended its annual forecasts as new CEO Brian Niccol looks to turn around the coffee giant struggling to stem waning customer demand, sending its shares down about 4% in after-hours trading on Tuesday. The coffee chain also expects to report a decline in fourth-quarter sales and …

Philip Morris Stock Heads to a Record After Earnings. Cigarettes Aren’t the Big Driver. Source link