Bankrupt Spirit Aviation Holdings is in discussions to merge with Frontier Group Holdings, Bloomberg News reported on Tuesday, citing people familiar with the matter. Frontier's shares rose more than 5% in after-hours trading. A deal could be announced as soon as this month, the report said, though talks are ongoing...
UC’s $28 Million System for Pension Payouts Produces Chaos and Complaints
This commentary was originally published by CalMatters. Sign up for their newsletters. The University of California is one of the world’s most prestigious centers of higher education and cutting-edge medical, technological and social research. One assumes that its faculty and administrative cadre are saturated with extremely bright people. Nevertheless, UC...
Filmmaker Rob Reiner’s Son Faces Murder Charges in Parents’ Slaying, Prosecutors Say
Prosecutors said they planned to file murder charges on Tuesday against the younger son of Hollywood filmmaker and political activist Rob Reiner, accusing him of using a knife to kill his parents in their Los Angeles home over the weekend. Nick Reiner, 32, was arrested several hours after the bodies...
Warner Bros Likely to Reject $108.4 Billion Paramount Bid, Back Netflix in Bidding War, Sources Say
Warner Bros Discovery's board could announce a decision as early as Wednesday on Paramount Skydance's $108.4 billion takeover bid, with the board likely to advise shareholders to vote against the offer, according to sources familiar with the matter. The decision to recommit to Netflix's buyout offer would mark the latest...
A Peace Plan With a Problem: When Ukraine Says Yes, Russia Says No
BERLIN — President Volodymyr Zelenskyy of Ukraine expressed a tense and wary optimism Tuesday about proposed guarantees for Ukraine’s future security, so long as they were detailed and confirmed by the U.S. Congress. But what might make them acceptable to Ukraine, he suggested, would prompt Russia to reject them. Zelenskyy...
Dollar Eases Against Peers After Better-Than-Expected US Jobs Data
NEW YORK, Dec 16 — The U.S. dollar eased against major peers on Tuesday after the release of delayed economic data showing stronger-than-expected jobs growth, signaling that the Federal Reserve might be cautious in continuing to cut interest rates in the near term. The U.S. economy added 64,000 jobs in...
Fresno Area Districts Invest in CTE so Students Can Find Their Passion Sooner
On a 40-degree December day in the Central Valley, two dozen high school students in firefighter gear steady themselves before carrying and climbing a 24-foot, 100-pound ladder. They balance the ladders on their shoulders and place them against a two-story building. “Going up,” they yell. Next semester, students will extinguish...
In Vanity Fair Interview, Top Trump Aide Wiles Reveals White House Tensions, Points to Missteps
WASHINGTON, Dec 16 — White House Chief of Staff Susie Wiles revealed internal tensions in the Trump administration over issues from immigration enforcement to government downsizing in comments published by Vanity Fair on Tuesday that paint an unflattering picture of the role played by some of President Donald Trump's close...
More Rate Cuts Could Reignite Inflation, Hurt Fed Credibility, Bostic Says
WASHINGTON, Dec 16 — Further interest rate cuts could put U.S. monetary policy on an accommodative footing that stimulates economic growth and puts the country at risk of a new jump in inflation and inflation expectations, Atlanta Federal Reserve President Raphael Bostic said on Tuesday. "Moving monetary policy near or...
Clovis Police Seek Suspect in Early-Morning Mail Theft
Clovis police are searching for a suspect involved in a mail theft at an apartment complex near Villa and Bullard avenues. The theft occurred just after 3 a.m. on Friday, Dec. 5. Got a Tip? Authorities ask anyone with information to contact Valley Crime Stoppers at (559) 498-STOP, the Clovis...