), which would create the 5th largest U.S. carrier. JetBlue contends the deal is critical for growth and competing with bigger airlines, but the Justice Department argues it would raise costs and limit options for budget flyers. Citi Airline analyst Steve Trent says the merger"could go either way." While JetBlue would benefit from added planes and pilots, both airlines are losing money this year and Spirit's losses could last through 2025.
Warren Buffett's idea to borrow money in Japan at rock-bottom interest rates and invest it in high-yielding stocks was inspired, Charlie Munger says. Bill Gates' former assistant is the world's 5th-richest person — and he's close to overtaking the Microsoft cofounder Rising interest rates and inflation have Canadians stressing about mortgage payments, survey suggests
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