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News

New York Times business news - Oct 20

Oct 20 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Investors in Spirit Airlines Inc SAVE.N voted on Wednesday to sell the carrier to JetBlue Airways Corp JBLU.O , a combination that could reshape the airline industry in the United States by creating a more viable competitor to the four dominant carriers.
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Wall Street Journal - Sept 30

Sept 30 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Facebook parent Meta Platforms Inc META.O has told employees that it will be implementing a hiring freeze and be taking more steps to reduce the company's costs, according to people familiar with the matter.
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Wall Street Journal - Sept 28

Sept 28 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Eleven of the world’s largest banks and brokerages will collectively pay $1.8 billion in fines to resolve regulatory investigations over their employees' use of messaging applications that broke record-keeping rules, regulators said Tuesday.
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How Spirit Airlines CEO Christie did his JetBlue deal U-turn

By Anirban Sen July 29 (Reuters) - Spirit Airlines Inc SAVE.N Chief Executive Ted Christie had been dismissive of the possibility that regulators would allow his low-cost U.S. airline to be sold to JetBlue Airways Corp JBLU.O for the last four months. "You don't need to be an antitrust attorney to see the issues here," Christie stated in several media interviews after JetBlue unveiled its bid in April, gatecrashing a deal he had clinched in February to sell Spirit to Frontier Group Holdings Inc
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Wall Street Journal - July 28

July 28 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - JetBlue Airways Corp JBLU.O is nearing a deal to buy Spirit Airlines Inc SAVE.N according to people familiar with the matter. Link - A group of offshore creditors to China Evergrande Group 3333.HK are demanding additional information about the seizure of nearly $2 billion by local banks that could explain how the troubled property devel
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