Frontier Airlines proposes merging with fellow budget carrier Spirit again
Frontier said it has met with Spirit’s board and executives since it made its proposal this month. Frontier Airlines said Wednesday it has again proposed merging with struggling rival Spirit Airlines, which is in bankruptcy. Frontier and Spirit first announced a deal to merge in 2022, but a JetBlue Airways offer derailed that plan. JetBlue’s proposed acquisition of Spirit was blocked by a federal judge last year, and Spirit filed for bankruptcy protection in November.
Tesla investors want Elon Musk to answer questions about 'salute,' role in Trump White House
Tesla’s fourth-quarter earnings report lands just over a week after President Donald Trump began his second term in the White House, with Elon Musk right by his side. Now that the Tesla CEO is firmly planted in Washington, D.C., in a high-profile advisory role, shareholders in the electric vehicle maker have some questions.
Why this China made BYD Shark pickup is drawing attention in the global truck market
BYD has not announced plans to sell the Shark in the U.S., but it has entered countries where General Motors, Ford and Toyota Motor sell pickup trucks.
Senate Republicans cast a wary eye on Trump's nominee for labor secretary
Sen. Rand Paul, R-Ky., said he predicts Lori Chavez-DeRemer will “lose 15 Republicans" due to her union-aligned views. Some business lobbyists are unhappy and mystified by the pick.
Starbucks shakes up its leadership again, adding two former Taco Bell executives
The newest changes include splitting the role of North American president into two jobs. Starbucks announced another stage in its leadership shake-up on Tuesday, as CEO Brian Niccol will bring in two more executives who spent time at his former employer Taco Bell while dividing key leadership roles. “As we focus on our ‘Back to Starbucks’ plan, we need a new operating model for our retail team, with clear ownership and accountability and an appropriate scope for each role,” Niccol said in a letter to employees shared on the company’s website. Before spending six years at Chipotle, Niccol served as CEO of Yum Brands’ Taco Bell. Since starting at Starbucks in September, he has already poached some of his former colleagues to help with his transformation of the coffee giant. For example, he tapped Chipotle and Yum Brands alum Tressie Lieberman as Starbucks’ global chief brand officer in the fall.
Crash investigators looking at altitude, communication and staffing before helicopter collision with plane
Why an Army Black Hawk helicopter collided with an American Airlines jetliner in a deadly crash over the Potomac River on Wednesday night is still unknown, but questions are emerging, including the altitude of the military helicopter. Investigators are still pulling evidence from the Potomac and looking at everything from newly pulled flight data and cockpit voice recorder information. All 64 people on American Airlines Flight 5342 and the three aboard the helicopter were killed in the fireball collision near the Washington’s Reagan National Airport, in the deadliest U.S. air crash since 2001. The PSA Airlines Bombardier CRJ-700 aircraft was flying at about 300 feet on final approach into Reagan National’s Runway 33 shortly before 9 p.m. ET Wednesday when it collided with the helicopter.