Business
business
J. Edward Moreno

Nissan and Honda are looking to merge to take on Tesla and China

Japanese automakers Nissan and Honda are in talks to merge in order to better compete with electric-vehicle makers like Tesla and China’s BYD, Nikkei reported Tuesday. 

The two companies are reportedly considering operating separately under a holding company. They are also looking to deal Mitsubishi into the tie-in as well. 

The move comes as competition for market share for EVs is intensifying, with most traditional combustion-vehicle makers releasing their own EV models in recent years.

On the news of the merger, Nissan is up 5.8% and Honda is up 1.5%.

Honda and Nissan to begin merger talks amid EV competition

The two companies are reportedly considering operating separately under a holding company. They are also looking to deal Mitsubishi into the tie-in as well. 

The move comes as competition for market share for EVs is intensifying, with most traditional combustion-vehicle makers releasing their own EV models in recent years.

On the news of the merger, Nissan is up 5.8% and Honda is up 1.5%.

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Hyunsoo Rim
appy birthday
52m
Apple is turning 50 today and it doesn’t look a thing like its younger self

From Macs to iPods, iPhones, and now services, here’s how Apple’s business has looked every 10 years.

Birthday Green apple
The entrance of Allbirds seen from Hayes St. in San Francisco, Calif.

Allbirds, the once buzzy multibillion-dollar sneaker startup, is selling up for $39 million

That’s less than 1% of its peak market cap about four years ago.

Tom Jones23h
business
Max Knoblauch

JetBlue is raising its bag fees as fuel costs squeeze airlines

JetBlue will reportedly hike its bag fees, as the cost of jet fuel continues to climb amid the war in Iran. It’s the latest example of carriers finding ways to push rising costs onto travelers.

Last week, United Airlines CEO Scott Kirby said that if fuel prices remain elevated, fares would need to rise another 20% for his airline to break even this year.

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

JetBlue Airways raises bag fees as fuel prices soar

JetBlue Airways raises bag fees as fuel prices soar

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

Tom Jones
flavor of the month
3/30/26
Americans won’t tolerate bland food anymore — and it’s turned McCormick into a ~$7 billion-a-year spice and sauce giant

Now, McCormick is eyeing Unilever’s food business.

Bottles of Frank's RedHot Xtra Hot and Sweet Chili on a
Foam party!

Crocs’ prince charming

ByChrisStokel-Walker

FriMar 272026

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