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Alaska Air (ALK) revealed its intention on Sunday to acquire Hawaiian Airlines (HA) for $1.9 billion, following several months of negotiations, as stated by Alaska Airlines CEO Ben Minicucci. The deal encompasses $900 million in Hawaiian Airlines debt. Minicucci, speaking at a news conference, emphasized the strategic benefits of bringing togeth…

A crucial security update has been released for certain Chrome browser users on Mac, Linux, and Windows, addressing a zero-day vulnerability that poses a risk of data theft and potential cyberattacks. Google acknowledged the existence of an exploit for CVE-2023-6345 in the wild through a Chrome stable channel update on Tuesday. The vulnerability, i…

The moves coincided with recent commentary from Fed officials that investors deciphered to mean the central bank could cut interest rates sooner than many had initially thought. "I’m sensing greater clarity about a few important currents. One is the direction of inflation. There’s no question the rate of inflation has slowed materially over the …

Amidst the growing occurrences of pneumonia and 'white lung syndrome' in China, various Indian states, including Haryana, Tamil Nadu, Kerala, Uttarakhand, Rajasthan, and Karnataka, are exercising caution. These states have issued alerts to hospitals and healthcare personnel, urging heightened vigilance in managing any surge in respiratory illnesses…

Following recent successful negotiations with the Detroit Three automakers, the United Auto Workers (UAW) has launched an unprecedented public campaign to organize workers at over a dozen nonunion automakers across the United States. The initiative, involving thousands of autoworkers, aims to unionize nearly 150,000 employees across 13 automakers. …

In a significant stride toward its official unveiling, Samsung's upcoming flagship, the Galaxy S24 Ultra, has successfully obtained certification from Thailand's National Broadcasting and Telecommunications Commission (NBTC). The certification, a crucial regulatory step, confirms the phone's compliance with the country's standards for mobile phones…

Shein, the Chinese-founded fast-fashion giant, has confidentially filed for a U.S. IPO as part of its strategy to expand globally. The company, last valued at $66 billion, may commence public trading in 2024. Shein's current valuation is a topic of debate among the company and its advisors. The confidential filing, allowing communication with the S…

In a twist of fate, Germany finds itself entangled in the repercussions of its own austerity measures, much to the satisfaction of Southern European nations that endured years of fiscal scrutiny inspired by German frugality. The recent shockwave reverberated from the German constitutional court's unprecedented ruling, rendering a substantial por…

Elevated mortgage rates are poised to deter sellers of pre-owned homes into the next year, with Fannie Mae forecasting a sales "bottom out" in early 2024, followed by a rebound in the subsequent year. Mortgage Rates As of October, mortgage rates were hovering near 8 percent, reaching the highest level since the turn of the millennium. This su…

Oil and gas producers are facing a critical juncture, according to a report from the International Energy Agency (IEA) released on Thursday. The industry must make a pivotal decision – either continue contributing to the acceleration of the climate crisis or actively engage in solutions, the report stated. At present, the oil and gas sector repr…