State Alaska Financial News

The U.S. Coast Guard said a large cargo ship with an active fire in its hold is being kept 2 miles offshore of an Alaska port as a precaution while efforts are undertaken to extinguish the flames

The lithium-ion battery fire burned for days on a ship off the coast of Alaska.

Economist Dani Rodrik has put out a tweet that's likely to get some traction. He says his wish for the new year is for the term 'emerging markets' to be retired. We agree.

micro-OLED displays. The forthcoming Vision Pro boasts impressive twin micro-OLED displays, with Apple asserting that they will surpass the pixel count of a 4K TV for each eye. As per information from market research firm Omidia, reported by The Elec (via MacRumors), the Apple Vision Pro 2 is set to feature an RGB OLEDoS display upon its debut in 2027.

Sports betting has spread rapidly across U.S. states in the past five years

For most Americans dreaming of a white Christmas, this year’s prospects aren’t good

Wells Fargo & Co. is now the first major US bank to have a unionized workforce.

By Bhanvi Satija, Jaiveer Shekhawat and Nupur Anand

A group of lawmakers from New England and Alaska says a federal program that protects the health and wellbeing of commercial fishermen should be expanded to include substance use disorder and worker fatigue

An Oregon judge says an ex-Alaska Airlines pilot accused of trying to cut the engines of a passenger flight can be released from jail pending trial

House Republicans have approved a bill to block strict new tailpipe pollution limits proposed by the Biden administration, calling the plan a back-door mandate for electric vehicles

By David Shepardson

Alaska Airlines says it will buy Hawaiian Airlines for $1 billion

US stocks ended lower on Monday, interrupting last week's rally, as investors turned cautious ahead of employment data due this week that could alter expectations that the Federal Reserve will cut interest rates early next year. The S&P 500 receded, with megacaps Microsoft, Apple, Nvidia and Amazon dipping over 1%, pressured by higher U.S. Treasury yields, which made returns on stocks less attractive. The S&P 500 registered its highest close of the year on Friday as remarks from Fed Chair Jerome Powell acknowledged the central bank's need to «move forward carefully» amid signs of economic softening, comments that bolstered expectations the Fed has finished raising rates. Small-cap stocks rose on Monday, with the Russell 2000 rallying about 1% and bringing its gain this year to almost 7%. «There is a lot of chop around here that is not necessarily meaningful,» said Tom Martin, a senior portfolio manager at GLOBALT Investments in Atlanta. «We have a really important Fed meeting coming up, and what makes it important is that all of a sudden, the market has decided that they're going to cut early next year.» The S&P 500 declined 0.54% to end the session at 4,569.78 points. The Nasdaq declined 0.84% to 14,185.49 points, while Dow Jones Industrial Average declined 0.11% to 36,204.44 points. Volume on U.S.

(Reuters) — Shares of Hawaiian Holdings (NASDAQ:HA), the parent of Hawaiian Airlines, nearly tripled in premarket trade on Monday after Alaska Air (NYSE:ALK) Group agreed to acquire it for $1.9 billion, including debt.

Investing.com — U.S. futures traded lower Monday, handing back some of the previous month's strong gains at the start of a new week.

Hawaiian Holdings (NASDAQ:HA) shares rose nearly 200% in premarket trading following the announcement that rival Alaska Air (NYSE:ALK) has agreed to acquire the carrier for $1.9 billion.

Alaska Air Group has agreed to buy Hawaiian Airlines in a $1.9 billion deal including debt

By Rajesh Kumar Singh, Akanksha Khushi and Anirban Sen

Uber Technologies Inc. has been added to the S&P 500 Index, after reporting two straight quarters of operating profits that have fueled a big rally in the ride-sharing company this year. Jabil Inc.

(Reuters) — Ride-hailing service Uber Technologies (NYSE:UBER) will join the S&P 500 effective at the open of trading on Dec. 18, along with S&P MidCap 400 constituents Jabil Inc and Builders FirstSource Inc, S&P Dow Jones Indices announced late Friday.