Author: Jess Aloe

A federal judge has blocked JetBlue Airways Corp.’s proposed $3.8 billion acquisition of Spirit Airlines, ruling that the proposal would violate antitrust laws.

Boston-based General Electric Co. (NYSE: GE) aims to complete its spinoff of GE Vernova — which combines GE Renewable Energy, GE Power and GE Digital — in the beginning of the second quarter of 2024.

The tentative agreement would avert the potentially devastating looming strike that had been set to begin Sept. 16. Any work stoppage would have had a massive impact on the supply chain and national economy. The Association of American Railroads estima…