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Fed’s mild forecasts need some explaining

  For Federal Reserve officials who want to get inflation under control, the outlook has certainly improved in recent weeks. First, inflation has peaked. In particular, goods price inflation is falling as supply chain disruptions ease and demand shifts toward services and away from goods. And even though the labour market remains unusually tight, wage inflation has stabilised rather than ...

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Spirit Airlines shareholders urged to reject Frontier deal

  Bloomberg Spirit Airlines Inc shareholders should reject a pending takeover deal with Frontier Group Holdings Inc as a signal to the board to engage more with rival suitor JetBlue Airways Corp over its competing bid, a prominent shareholder-advisory firm said. While both deals have inherent regulatory risks, the offer from JetBlue is superior from a financial standpoint, Institutional Shareholder ...

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Boeing discusses 777X jet delays with Singapore Air

  Bloomberg Boeing Co has reached out to Singapore Airlines Ltd to discuss the US planemaker’s failure to deliver long-delayed 777X aircraft on time, according to the Chief Executive Officer of the city-state’s flag carrier. “When the delay was foreseen you can imagine that Boeing would have reached out to us for early conversations,” Goh Choon Phong said in an ...

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