Spirit-Frontier Deal Backed by ISS

Listen to article (1 minute) Proxy advisory firm Institutional Shareholder Services Inc. recommended Spirit Airlines investors vote for a proposed merger with Frontier Airlines reversing its position on the deal after Frontier sweetened its offer Friday. “On balance, support for the merger with Frontier on the revised terms is warranted,” ISS wrote in a report … Read more

Pfizer’s Omicron-Targeting Covid-19 Vaccines Generate Stronger Immune Response

Pfizer Inc. and BioNTech SE vaccines modified to target the Omicron variant produced a significantly larger immune response than the companies’ currently available vaccine in a study, they said. A modified booster shot targeting Omicron specifically increased neutralizing antibody levels 13.5 to 19.6 times higher than the current shot in study volunteers a month after … Read more

AT&T, Verizon Raise Prices and Test Consumer Budgets

The wireless companies are boosting monthly fees and increasing the cost of mostly older cellphone plans. Source link

Spirit Airlines Sticks With Frontier Deal After Sweetened Offer

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The Surprising Reason Your Amazon Searches Are Returning More Confusing Results than Ever

If you want to be reminded just how tiny you are, you could travel to a remote part of the world and behold the night sky, or stand atop a mountain and contemplate its immensity, or you could try to find the best garlic press on Amazon. Granted, there are many more stars in the … Read more

What It Takes to Buy Your First Home Now

Dylan Holland and Breanna Cameron started shopping for their first home in the Atlanta suburbs in December 2021, with a budget of about $350,000. They quickly discovered they would have to do a lot more than they had planned to get a home. The couple wanted to buy before Mr. Holland’s lease ended in July … Read more

After Roe v. Wade Ruling, Employers Weigh in on Abortion and Benefits—Cautiously

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/after-roe-v-wade-ruling-companies-reimbursing-medical-and-travel-expenses-for-abortion-risk-blowback-11656109337 Source link

Consumer Sentiment at Record Low Is Another Ominous Sign for Economy

Consumer sentiment fell to its lowest point on record, reflecting that elevated inflation is weighing on Americans’ moods and adding to indicators that point to a slowing in the world’s largest economy. The University of Michigan’s gauge of consumer sentiment reached a final reading of 50 in June. That was the lowest reading on record … Read more

Zendesk Strikes $10.2 Billion Deal With Buyout Firms

Zendesk has agreed to be acquired by a group of buyout firms for $10.2 billion, resurrecting a deal that would be one of the biggest private-equity takeovers of the year. The deal, with a group led by Hellman & Friedman LLC and Permira, values the software company at $77.50 a share, Zendesk said Friday. While … Read more

Theranos Ex-President Ramesh ‘Sunny’ Balwani’s Fraud Case Goes to Jury

The fate of Ramesh “Sunny” Balwani is now in the hands of a dozen jurors after a federal judge on Friday handed them the criminal-fraud case with instructions to decide whether the former Theranos Inc. president deceived investors and patients in a high-profile Silicon Valley saga. The conclusion of testimony and arguments in the white-collar … Read more