Jonathan Wong
The Latest
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Frontier Airlines Launches Free Bag Promotion After Southwest Drops Longtime Perk
Frontier Airlines is offering travelers free checked bags and other perks in a new promotion, following Southwest Airlines' announcement that it will end its long-standing policy of allowing passengers to check two bags for free. Frontier's move comes as the budget carrier seeks to capitalize on the backlash facing Southwest and attract disillusioned customers. 
Frontier Airlines is offering travelers free checked bags and other perks in a new promotion, following Southwest Airlines' announcement that it will end its long-standing policy of allowing passengers to check two bags for free. Frontier's move comes as the budget carrier seeks to capitalize on the backlash facing Southwest and attract disillusioned customers. -
Google to Acquire Cybersecurity Firm Wiz for $32 Billion in Largest-Ever Deal
Alphabet Inc. announced Tuesday it has agreed to acquire cloud security startup Wiz for $32 billion in an all-cash deal, marking the largest acquisition in the company's history. The transaction underscores Google's aggressive push to strengthen its cloud-computing business and sharpen its competitive edge against Amazon Web Services and Microsoft Azure. 
Alphabet Inc. announced Tuesday it has agreed to acquire cloud security startup Wiz for $32 billion in an all-cash deal, marking the largest acquisition in the company's history. The transaction underscores Google's aggressive push to strengthen its cloud-computing business and sharpen its competitive edge against Amazon Web Services and Microsoft Azure. -
BYD Shares Surge After Launching Charging Platform Twice as Fast as Tesla’s
Chinese electric vehicle manufacturer BYD unveiled a new fast-charging technology capable of adding 400 kilometers (249 miles) of driving range in just five minutes, a development that has propelled its shares higher and intensified competition in the global EV market. 
Chinese electric vehicle manufacturer BYD unveiled a new fast-charging technology capable of adding 400 kilometers (249 miles) of driving range in just five minutes, a development that has propelled its shares higher and intensified competition in the global EV market. -
PepsiCo Buys Prebiotic Soda Brand Poppi for $1.95 Billion in Bid to Expand Functional Drinks Market
PepsiCo announced Monday it has agreed to acquire prebiotic soda maker Poppi for $1.95 billion, marking the food and beverage giant's latest move to expand its presence in the fast-growing functional drinks segment. 
PepsiCo announced Monday it has agreed to acquire prebiotic soda maker Poppi for $1.95 billion, marking the food and beverage giant's latest move to expand its presence in the fast-growing functional drinks segment. -
Forever 21 to Shutter All U.S. Stores After Second Bankruptcy, Citing Shein, Temu Competition
Forever 21 will close all of its U.S. stores after filing for bankruptcy protection for the second time, as the fast-fashion retailer struggles to stay afloat amid fierce competition from online giants Shein and Temu, rising operational costs, and shifting consumer habits. 
Forever 21 will close all of its U.S. stores after filing for bankruptcy protection for the second time, as the fast-fashion retailer struggles to stay afloat amid fierce competition from online giants Shein and Temu, rising operational costs, and shifting consumer habits. -
Vance Confident in TikTok Deal by April 5, Trump Resists Extension
Vice President J.D. Vance expressed confidence Friday that a deal to transfer TikTok's U.S. operations to American ownership would be largely in place by the April 5 deadline set by the Trump administration. The announcement comes amid growing speculation over potential buyers and concerns over national security risks associated with the app's Chinese parent company, ByteDance. 
Vice President J.D. Vance expressed confidence Friday that a deal to transfer TikTok's U.S. operations to American ownership would be largely in place by the April 5 deadline set by the Trump administration. The announcement comes amid growing speculation over potential buyers and concerns over national security risks associated with the app's Chinese parent company, ByteDance. -
Trump Family Explores Binance Deal as Founder Seeks Pardon
Representatives of former President Donald Trump's family have engaged in discussions to acquire a financial stake in Binance.US, the American arm of the world's largest cryptocurrency exchange, according to a report from The Wall Street Journal on Thursday. 
Representatives of former President Donald Trump's family have engaged in discussions to acquire a financial stake in Binance.US, the American arm of the world's largest cryptocurrency exchange, according to a report from The Wall Street Journal on Thursday. -
Spirit Airlines Exits Bankruptcy, Eyes Growth as Southwest Shifts Strategy
Spirit Airlines has officially emerged from bankruptcy protection, completing a court-approved restructuring plan aimed at restoring financial stability. The low-cost carrier announced Wednesday that it successfully reduced its debt by approximately $795 million and secured a $350 million equity investment to support its future operations. The plan positions Spirit to remain competitive as the airline industry navigates shifting demand and economic pressures. 
Spirit Airlines has officially emerged from bankruptcy protection, completing a court-approved restructuring plan aimed at restoring financial stability. The low-cost carrier announced Wednesday that it successfully reduced its debt by approximately $795 million and secured a $350 million equity investment to support its future operations. The plan positions Spirit to remain competitive as the airline industry navigates shifting demand and economic pressures. -
Inditex Shares Drop 8% as Zara Owner Warns of Slowing Growth
Inditex, the Spanish retail giant that owns Zara, reported a slowdown in sales growth for the first quarter of 2025, sending its stock tumbling 8% on Wednesday. The company posted €11.21 billion ($12.2 billion) in fourth-quarter revenue, matching analysts' expectations, but signaled weaker demand in early 2025, raising concerns among investors about whether its rapid expansion can be sustained. 
Inditex, the Spanish retail giant that owns Zara, reported a slowdown in sales growth for the first quarter of 2025, sending its stock tumbling 8% on Wednesday. The company posted €11.21 billion ($12.2 billion) in fourth-quarter revenue, matching analysts' expectations, but signaled weaker demand in early 2025, raising concerns among investors about whether its rapid expansion can be sustained. -
Southwest Axes 60-Year 'Bags Fly Free' Policy, Targets Profitability Amid Cost-Cutting Drive
Southwest Airlines, known for nearly 60 years of allowing passengers to check bags free of charge, will eliminate that iconic perk starting May 28, 2025, marking another significant shift as the airline restructures operations under pressure from investors. 
Southwest Airlines, known for nearly 60 years of allowing passengers to check bags free of charge, will eliminate that iconic perk starting May 28, 2025, marking another significant shift as the airline restructures operations under pressure from investors.
