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Boeing criminal plea deal should be accepted, US DOJ says

UPDATE 1-Boeing criminal plea deal should be accepted, US DOJ says Recasts, adds no immediate Boeing comment, more details throughout By David Shepardson and Jasper Ward Aug 14 (Reuters) - A plea deal struck with Boeing BA.N over a criminal charge related to software tied to two fatal 737 MAX crashes should be accepted, the U.S. Justice Department said on Wednesday, after some relatives of the 346 people killed in two crashes called for it to be rejected.
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Alaska Air flight attendants reject tentative contract deal

UPDATE 1-Alaska Air flight attendants reject tentative contract deal Adds more details, union's comments in paragraphs 2-6 CHICAGO, Aug 14 (Reuters) - Flight attendants at Alaska Airlines ALK.N have rejected a three-year tentative labor agreement, their union said on Wednesday. The Association of Flight Attendants-CWA, which represents flight attendants at the Seattle-based carrier, said it will survey its members to determine key issues and return to the table to address them.
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Alaska Air flight attendants reject tentative contract deal

Alaska Air flight attendants reject tentative contract deal CHICAGO, Aug 14 (Reuters) - Flight attendants at Alaska Airlines ALK.N have rejected a three-year tentative labor agreement, their union said on Wednesday. Reporting by Rajesh Kumar Singh
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U.S. STOCKS Progressive, Serve Robotics, Palo Alto Networks

BUZZ-U.S. STOCKS ON THE MOVE-Progressive, Serve Robotics, Palo Alto Networks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Wednesday as Alphabet slid and as signs of moderating inflation kept bets intact that the U.S.
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Southwest shareholders needn’t act like passengers

CORRECTED-BREAKINGVIEWS-Southwest shareholders needn’t act like passengers Corrects structure of Elliott’s ownership stake in paragraph 2. The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jeffrey Goldfarb NEW YORK, Aug 14 (Reuters Breakingviews) - Airplane passengers tolerate a lot of discomfort because of their limited choices.
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U.S. STOCKS Allstate, Progressive, Serve Robotics

BUZZ-U.S. STOCKS ON THE MOVE-Allstate, Progressive, Serve Robotics Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Wednesday, as Alphabet slid and as signs of moderating inflation kept bets alive that the U.S.
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U.S. STOCKS Acelyrin, Cardinal Health, Hawaiian Holdings

BUZZ-U.S. STOCKS ON THE MOVE-Acelyrin, Cardinal Health, Hawaiian Holdings Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street was set for a muted open on Wednesday after data showed inflation was moderating as expected, cementing wagers that the U.S.
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Hawaiian Holdings shares up; Alaska Air deal review deadline extended

BUZZ-Hawaiian Holdings shares up; Alaska Air deal review deadline extended Updates ** Hawaiian Holdings' shares HA.O rise ~5% to $14.75; Alaska Air ALK.N marginally up ** Alaska Air agrees to extend review period of $1.9 bln acquisition of HA by a day to 12:01 AM ET, Aug. 16 ** HA's stock had rallied nearly 14% in past four sessions, heading into t
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Hawaiian Holdings shares soar as Alaska Air deal review deadline extended

BUZZ-Hawaiian Holdings shares soar as Alaska Air deal review deadline extended ** Hawaiian Holdings' shares HA.O rise ~11% to $15 premarket; Alaska Air ALK.N untraded ** Alaska Air agrees to extend review period of $1.9 bln acquisition of HA by a day to 12:01 AM ET, Aug. 16 ** HA's stock had rallied nearly 14% in past four sessions, heading into th
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Alaska Air, Hawaiian extend review period of proposed deal by a day

Alaska Air, Hawaiian extend review period of proposed deal by a day Aug 14 (Reuters) - Alaska Air ALK.N said on Wednesday it had agreed to extend by a day the review period of its proposed $1.9 billion acquisition of peer Hawaiian Holdings HA.O . Alaska and Hawaiian agreed with the U.S. Department of Justice (DOJ) to extend the review period to until 12:01 AM ET on Aug.
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Southwest rises as Elliott starts boardroom battle

BUZZ-Southwest rises as Elliott starts boardroom battle ** Southwest Airlines LUV.N shares rise 1.3% to $25.74 premarket ** Hedge fund Elliott launches a boardroom battle , seeking to replace CEO Robert Jordan and Executive Chair Gary Kelly ** It also nominates 10 candidates, incl former Virgin America CEO David Cush and former Air Canada CEO Rober
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Wall Street Journal - Aug. 14

PRESS DIGEST - Wall Street Journal - Aug. 14 Aug 14 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Elliott Investment Management said it plans to launch a proxy fight at Southwest Airlines LUV.N and plans to nominate 10 director candidates to Southwest's 15-person board, including David Cush, the former CEO of Virgin America and Robert Milton, the former CEO of Air Canada.
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Elliott targets Southwest Airlines board in bid to shake up leadership

UPDATE 5-Elliott targets Southwest Airlines board in bid to shake up leadership Updates Aug 13 story to add Southwest's response in paragraph 4, share movement in paragraph 5 By Svea Herbst-Bayliss NEW YORK, Aug 14 (Reuters) - Elliott Investment Management has launched a boardroom battle at Southwest Airlines LUV.N seeking to replace 10 of 15 directors, as the hedge fund pushes to oust the airline's chief executive and improve performance, it said on Tuesday.
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Elliott targets Southwest Airlines board in bid to shake up leadership

UPDATE 5-Elliott targets Southwest Airlines board in bid to shake up leadership Updates Aug 13 story to add Southwest's response in paragraph 4, share movement in paragraph 5 By Svea Herbst-Bayliss NEW YORK, Aug 14 (Reuters) - Elliott Investment Management has launched a boardroom battle at Southwest Airlines LUV.N seeking to replace 10 of 15 directors, as the hedge fund pushes to oust the airline's chief executive and improve performance, it said on Tuesday.
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US judge throws out consumer lawsuit over Alaska Airlines, Hawaiian merger

UPDATE 1-US judge throws out consumer lawsuit over Alaska Airlines, Hawaiian merger Adds comment from consumers' lawyer in paragraph 5 By Mike Scarcella Aug 13 (Reuters) - A U.S. judge has dismissed a lawsuit that sought to block Alaska Airlines’ plan to buy Hawaiian Airlines for $1.9 billion, a deal the consumer plaintiffs said would cut routes and raise prices.
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US judge throws out consumer lawsuit over Alaska Airlines, Hawaiian merger

US judge throws out consumer lawsuit over Alaska Airlines, Hawaiian merger By Mike Scarcella Aug 13 (Reuters) - A U.S. judge has dismissed a lawsuit that sought to block Alaska Airlines’ plan to buy Hawaiian Airlines for $1.9 billion, a deal the consumer plaintiffs said would cut routes and raise prices. Chief U.S. District Judge Derrick Watson in Hawaii in a Monday order said the airline passengers who brought the case had not shown they have legal standing to sue over the merger.
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Safety board would like to complete Boeing MAX probe by early 2025

Safety board would like to complete Boeing MAX probe by early 2025 WASHINGTON, Aug 8 (Reuters) - National Transportation Safety Board chair Jennifer Homendy said staff at the agency would like to complete its probe into the Jan. 5 Alaska Airlines Boeing ALK.N 737 MAX 9 mid-air emergency by early next year. "I think they would like to finish in 12 to 14 months" from the time of the incident, Homendy told Reuters late Wednesday, adding it depends on the NTSB getting the information it needs.
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FAA has 16 open enforcement actions involving Boeing, official says

FAA has 16 open enforcement actions involving Boeing, official says WASHINGTON, Aug 7 (Reuters) - The Federal Aviation Administration (FAA) has 16 open enforcement actions involving planemaker Boeing BA.N , with eight of them launched since the Jan. 5 Alaska Airlines ALK.N MAX 9 mid-air emergency in January. FAA official Brian Knaup said at a hearing the other 8 involve actions since 2020. The FAA typically has four to six enforcement cases involving Boeing per year.
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Boeing unauthorized 737 work issue should have been caught years earlier, NTSB says

UPDATE 3-Boeing unauthorized 737 work issue should have been caught years earlier, NTSB says Adds FAA comments and details, paragraphs 4-6 and 15. NTSB Chair Homendy criticizes Boeing for not addressing unauthorized work earlier FAA official defends oversight but acknowledges improvements post-incident FAA restricts Boeing's production and mandates quality improvements By David Shepardson WASHINGTON, Aug 7 (Reuters) - The head of the National Transportation Safety Board said on Wednesday the Ala
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Futures rally as Big Tech extends recovery

US STOCKS-Futures rally as Big Tech extends recovery For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: S&P 500 1.05%, Nasdaq 1.21%, Dow 0.79% Aug 7 (Reuters) - U.S. stock index futures jumped on Wednesday as risk appetite returned after a steep selloff earlier in the week, with sentiment also getting a boost from cautious comments on interest-rate hikes by an influential Bank of Japan policymaker.
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