Alaska Air Nears $2B Deal for Virgin America
Alaska Air Group (ALK - Get Report) is poised to win the bidding war for Virgin America (VA - Get Report) with an offer that values the target at more than $2 billion including debt, industry sources said late Saturday. Burlingame, Calif.-based Virgin America began exploring options earlier this year after an unsolicited approach, one source said, and received interest from both Alaska and JetBlue Airways (JBLU) as well as a handful of domestic and foreign investors. One source said that tho..>> view originalFitbit chief James Park: The Apple Watch "does too much", confusing consumers
Park points to its position on Amazon’s top sellers lists, and last week, Fitbit said sales of the watch had reached 1m in the first month, while a new wristband, the Alta, had reached the milestone in three weeks. Analysts have, however, worried that the wearable craze could wear out, rather than lifting off. Studies have suggested that many people ditch their fitness trackers after the novelty wears off – the digital equivalent of a New Year’s gym membership – but Park says people are actua..>> view originalCoal miners slash jobs, leaving rural northeast Wyoming reeling
WRIGHT, WYO. — The day the layoffs came, a cigarette and a cold beer could do only so much.Thursday could have been a normal day at Hank's Roadside Bar and Grill in Wright, Wyo. ESPN and Fox News were on the TV screens, a midday crowd sipped Coors Light. But the folks inside who still had jobs didn't want to talk about friends who were now out of work — or the mine they'd soon have to go back to.Instead, they talked about how working in a coal mine was like working with family, and that times h..>> view original
Sunday, April 3, 2016
Alaska Air Nears $2B Deal for Virgin America and other top stories.
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