US Business

The postponement marks the third time Spirit Airlines has put off the shareholder referendum on its planned sale to Frontier as the carrier holds deal talks with Frontier and rival suitor JetBlue Airways.

Twitter said it laid off 30% of its talent acquisition team, as the company deals with increasing business pressures and a potential takeover from Elon Musk.

The jeans maker sidestepped for now issues related to excess inventory among retailers and a slowdown in consumer spending.

A jury convicted Ramesh “Sunny” Balwani, former top lieutenant to Theranos founder Elizabeth Holmes, on all 12 charges that he helped perpetuate a fraud scheme at the blood-testing startup.

Occupancy is especially low in cities like New York, where workers are the engine of local economies. Among the concerns are crime and commute times.

A deal, potentially worth $40 billion or more, would help Merck broaden its lineup of cancer drugs, currently led by Keytruda.

The South Korean tech giant—which had reported record revenues in the past three straight quarters—forecasts a 11.4% rise in second-quarter operating profit from the prior year.

“The Chinese government is set on stealing your technology,” the agency chiefs tell business leaders.

The airline’s reduction from its summer schedule comes as carriers continue to deal with a resurgence in travel demand that has overwhelmed operators.

The plans in development include letting overseas companies sell their products in the U.S. beyond current shortages and providing assistance to foreign companies seeking to enter the U.S. market.