Auto & Transport Roundup: Market Talk
Find insight on the proposed tie-up of Spirit Airlines and Frontier Group, International Consolidated Airlines and more in the latest Market Talks covering the Auto and Transport sector.
TUI Shares Slip on Slower Growth Expectations
The travel operator guided for a lower rate of growth in the current fiscal year, despite posting a jump in profit for fiscal 2024 on strong demand.
Macy’s Probe Found Employee Acted Alone in $151 Million Accounting Scandal
Macy’s has completed its investigation into accounting problems and found that a single employee’s mistake and coverup created $151 million in false bookkeeping entries.
Macy’s Probe Found Employee Acted Alone in $151 Million Accounting Scandal Read More »
Vestas to Cut Jobs at U.K. Factory
Vestas Wind Systems could cut hundreds of jobs at its Isle of Wight factory as it plans to repurpose the site to manufacture onshore turbine blades.
General Motors Scraps Cruise Robotaxi Program
Carmaker cites competition, time and costs needed to scale the business.
Kroger-Albertsons Merger Blocked by Court
The ruling hands a victory to Biden antitrust enforcers, who said the $20 billion supermarket merger would erode competition and raise prices for consumers.
