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Business

“Frontier and Spirit to merge, creating fifth-largest airline in U.S. in $6.6 billion deal”

“Frontier Airlines and Spirit Airlines, the two largest discount carriers in the U.S., have agreed to merge in a deal valued at $6.6 billion, creating what would become the fifth-largest airline in the country. The merger gives Denver-based Frontier Airlines a 51.5%… Continue Reading…

Business

“Samsung Wins $6.6 Billion 5G Verizon Deal While Huawei Struggles”

“Samsung Electronics Co. won a 7.9 trillion won ($6.6 billion) order to provide fifth-generation wireless solutions to Verizon Communications Inc. in the U.S., a big win for the electronics giant’s networking gear business. The contract was finalized Friday and is… Continue Reading…

Economy

“Unemployment claims swell to 6.6 million…”

“The number of Americans seeking unemployment benefits swelled to 6.6 million last week… Claims between the period of March 28 and April 4 neared the previous week’s record of 6.87 million, according to the weekly jobless claims report from the Labor Department published… Continue Reading…

Economy

“US weekly jobless claims double to 6.6 million”

“The torrent of Americans filing for unemployment insurance skyrocketed last week as more than 6.6 million new claims were filed, the Labor Department reported Thursday. That brings to 10 million the total Americans who filed over the past two weeks.… Continue Reading…