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More infant formula shipments arrive from overseas in bid to ease shortage

Workers unload a FedEx cargo plane carrying 100,000 pounds of infant formula at Washington Dulles International Airport in Chantilly, Virginia on Wednesday. Jose Luis Magana/AP hide caption toggle caption Jose Luis Magana/AP Workers unload a FedEx cargo plane carrying 100,000 pounds of infant formula at Washington Dulles International Airport in Chantilly, Virginia on Wednesday. Jose …

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JetBlue launches hostile takeover bid for Spirit Airlines

Terminal A at LaGuardia International Airport for JetBlue and Spirit Airlines in New York. Leslie Joseph | CNBC Jet Blue Airways launched a hostile takeover bid for Spirit Airlines the Monday after rejected carrier JetBlue’s $33 per share cash offer earlier this month. JetBlue said acquiring Spirit would give it access to a large fleet …

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