High-quality bonds should hold up better than stocks, right? Particularly if defaults aren’t really the worry. But that hasn’t been the case lately for debt issued by many Fortune 500 companies, a sector hit notably hard since the Federal Reserve …
JetBlue Airways Corp. has shouldered its way into the midst of Spirit Airlines Inc. and Frontier Group Holdings Inc.’s merger plan, billing itself as the “most compelling” suitor and the most likely to succeed in a low-fare faceoff against larger …
Hi, MarketWatchers. Don’t miss these top stories. Disney’s latest Florida attraction: Affordable housing As Orlando rents skyrocket, Disney will hire a developer to build around 1,300 housing units on Walt Disney World’s property. Read More Oil companies say they’re not …
The official list of symptoms of COVID-19 has been expanded in the UK, where cases are currently running at the highest level since the start of the pandemic. The National Health Service added nine new symptoms to the list of …
Ryanair Holdings PLC RYA, -1.66% RYAAY, +1.70% said on Monday that it is expecting to narrow its net loss for fiscal 2022, and that it was increasing its fuel hedging for fiscal 2023. The Irish low-cost carrier said that for …
“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of BlackRock BLK, in his annual letter …
FORT WORTH, Texas — A Texas jury found a former Boeing Co. pilot not guilty of deceiving his counterpart at the Federal Aviation Administration about a 737 Max flight-control system later blamed for two fatal crashes. The jury found Mark Forkner not guilty …
AUSTERLITZ, The Netherlands — “I’m curious, how were people feeling and what were they doing the day before the Second World War?” I thought about it for a moment. “Well, I don’t know,” I told my friend. “Probably, the same …
U.S. companies have been on a borrowing blitz for the past decade, especially in the past two years of the pandemic amid ultralow borrowing rates. Who owns all those bonds? Foreign accounts own the biggest slice of the roughly $15.5 …
American Airlines Group Inc. will resume selling alcoholic beverages on many domestic flights next month — a plan it put off last year in an effort to tamp down on unruly passenger behavior. Airlines largely suspended food and beverage service in …
After two tough, COVID-filled years, Carol McCoy was looking forward to a relaxing getaway. McCoy works as a registered nurse in Pompano Beach, Fla., and wanted to recharge. So last fall, she planned a trip to Cassadaga, Fla., also known …
Bermuda’s aviation regulator has suspended the airworthiness certificates of all Russia-operated aircraft on its registry, a crucial requirement for their continued flying under international agreements. Bermuda is the largest register of Russian planes, followed by Cyprus and Ireland. The International …