Delta Airlines responded to a class-action lawsuit that said the company inaccurately claimed to be the world's first "carbon-neutral company, saying it was "without merit."
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Biz Breakdown: Alaska Air to Buy Hawaiian Air, Spotify Layoffs Again, Stocks Finishing Strong for 2023
Alaska Airlines is buying Hawaiian Airlines, stocks finished at their highest level on Friday and are on the way to concluding 2023 on a positive note as Bitcoin surged. And Spotify is laying off workers, again.
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Alaska Airlines to Buy Hawaiian Airlines for $1.9 Billion
Alaska Airlines is planning to buy Hawaiian Airlines for $1.9 billion.
Spotify Lays Off 17% of Workforce
Spotify cut nearly one-fifth of its workforce, or about 1500 staffers, representing the third round of layoffs this year.
Stocks Fall After Rallying In Past Five Weeks
After rallying for five straight weeks, stocks fell after the opening bell on Monday as investors await labor market data later in the week.
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Fed Chair: Interest Rates to Remain High For Now
Fed Chair Jerome Powell said higher rates are here to stay for now.
