Markets and investing
Lufthansa CEO Says It Is Too Early to Discuss Remedies for TAP Deal
Lufthansa’s chief executive said discussions about possible antitrust remedies for a deal involving TAP Air Portugal would be premature at this stage.
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Markets and investing
Canadian Heavy Crude Discount Widens to Its Largest Since 2018
Western Canadian Select traded at a $31.70-per-barrel discount to West Texas Intermediate futures, its widest since November 2018.
Markets and investing
SkyWest Shares Fall to 52-Week Low of $77.85
SkyWest stock fell 14.6% over the past week to $77.85. The airline recently reported third-quarter net income of $120 million, while revenue came in below expectations.
Markets and investing
Oasis Drops Two Board Nominees in Vail Resorts Proxy Fight
Activist investor Oasis has withdrawn two of its four nominees in its board challenge at Vail Resorts, according to Bloomberg.