JetBlue and Spirit’s merger is not cleared for takeoff

Segments From This Episode

• We spent a lot in December

  by Sabri Ben-Achour

  Sales in retail and food services rose 0.6% in December; they rose 5.6% from December of the previous year. Let’s talk about what that means with Susan Schmidt, head of public equity at the State of Wisconsin Investment Board.

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• A pulse check of China's economy

  by Jennifer Pak

  2023 was the first year since the pandemic that China largely did not have any COVID restrictions. In that year, China’s economy grew 5.2%, which is a bit better than Beijing’s target of 5% but is also the lowest growth recorded outside of the pandemic since 1990.

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• Antitrust drama at 20,000 feet

  by Nova Safo

  A federal judge has blocked JetBlue’s purchase of Spirit Airlines. The Justice Department had filed an antitrust lawsuit, saying a merger would eliminate a low-cost carrier that has been helping to keep airfares down.

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• “Super shoes” take their place in the $50B running shoe market

  by Izzy Greenfield

  

  The high-tech footwear — often starting at $250 — is helping athletes run faster. But is it the “winning ingredient”?

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