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Ticker: Alaska Air to buy Hawaiian Airlines; Pfizer nixes study of obesity pill treatment

Published Wed, 26 Feb 2025 01:59:18 GMT

Alaska Air Group said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal including debt.The combined company would keep both airlines’ brands, which call the 49th and 50th states their homes. Alaska will pay $18 in cash for each share of Hawaiian, whose stock closed Friday at $4.86. The deal also includes $900 million in Hawaiian debt, which the airlines said brings the acquisition’s total value to $1.9 billion.The deal still needs approval from the boards of both companies, as well as from the shareholders of Hawaiian Holdings. It will also need the blessing of U.S. regulators, which have shown resistance to more consolidation within the airline industry out of fear it could lead to higher fares.The companies expect the deal to close in 12 to 18 months.Pfizer nixes study of obesity pill treatmentPfizer said it would abandon a twice-daily obesity treatment after more than half the patients in a clinical trial stopped taking it.The pharmaceutical company sai...

No more touring, Kiss goes virtual

Published Wed, 26 Feb 2025 01:59:18 GMT

On Saturday night, Kiss closed out the final performance of their “The End of the Road” farewell tour at New York City’s famed Madison Square Garden.But as dedicated fans surely know — they were never going to call it quits. Not really.During their encore, the band’s current lineup — founders Paul Stanley and Gene Simmons as well as guitarist Tommy Thayer and drummer Eric Singer — left the stage to reveal digital avatars of themselves. After the transformation, the virtual Kiss launched into a performance of “God Gave Rock and Roll to You.”The cutting-edge technology was used to tease a new chapter of the rock band: after 50 years of Kiss, the band is now interested in a kind of digital immortality.The avatars were created by George Lucas’ special-effects company, Industrial Light & Magic, in partnership with Pophouse Entertainment Group, the latter of which was co-founded by ABBA’s Björn Ulvaeus. The two companies recently teamed ...

What’s new on Netflix in December 2023?

Published Wed, 26 Feb 2025 01:59:18 GMT

(KSWB) -- With colder weather comes an increased desire to cozy up at home with popcorn and a movie.There's good news for those looking to watch modern flicks or those eager to delve into a television series: Netflix is releasing a new wave of streaming content this month. From holiday-themed baking shows to documentaries and additional seasons of some series favorites, here's a look at "Netflix and chill" options for the start of the winter season: VIDEO: What San Diego looks like from the International Space Station Available Dec. 1"May December" – Netflix Film"Sweet Home" Season 2 – Netflix Series"Basketball Wives" Seasons 3-4"Batman v Superman: Dawn of Justice""Big Brother" Seasons 6 and 17"Birds of Prey" (And the Fantabulous Emancipation of One Harley Quinn)"Black Swan""Blockers""Boyz n the Hood""Burlesque""College Hill: Celebrity Edition" Season 1"Holey Moley" Seasons 1-2"Insidious""L.A. Confidential""Man of Steel""The Meg""Neighbors""Real Husbands of Hollywood: More Kevin, ...

‘They’re functioning:’ Toronto scientist’s relatives released from Hamas captivity

Published Wed, 26 Feb 2025 01:59:18 GMT

TORONTO — Ten-year-old Ofri Brodutch had barely been released from weeks of captivity by Hamas in the Gaza Strip before she began talking about her next trip to Canada. But her uncle, Israeli-born, Toronto-based scientist Aharon Brodutch, says her excitement at the prospect of another summer spent visiting her Canadian cousins contrasts sharply with the rest of her current physical and mental state. Ofri, her two younger brothers and their mother all bear visible signs of the ordeal they faced since they were taken hostage by Hamas on Oct. 7 as part of a brutal incursion that killed roughly 1,200 Israelis and touched off a war that has now raged for nearly two months. Israel’s retaliatory attacks in the Gaza Strip have killed more than 15,500 people, according to local health authorities, which do not distinguish between civilian and combatant deaths. The four members of the Brodutch family were among roughly 100 hostages released last week during a seven-day truce that saw so...

Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal with debt

Published Wed, 26 Feb 2025 01:59:18 GMT

SEATTLE (AP) — Alaska Air Group said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal including debt.The combined company would keep both airlines’ brands, rooted in the nation’s 49th and 50th states. Alaska will pay $18 in cash for each share of Hawaiian, whose stock closed Friday at $4.86. The deal also includes $900 million in Hawaiian debt, which the airlines said brings the acquisition’s total value to $1.9 billion. The combined airline would participate in the oneworld Alliance, which includes American Airlines, British Airways and Cathay Pacific. It would also combine two networks to offer more connectivity to 138 destinations, including tripling destinations that can be reached within one stop in North America for travelers from Hawaii.The companies said they would also keep Honolulu as a key hub and that they’re “committed to maintaining and growing union-represented workforce” in Hawaii. The deal still needs approval from the boards ...

Street vendors targeted in string of armed robberies in Chicago

Published Wed, 26 Feb 2025 01:59:18 GMT

CHICAGO — Chicago police have issued a warning after a string of armed robberies on Saturday targeted street vendors.In each of the five armed robberies, Chicago police said four men were armed with rifles and handguns, demanded property and then left in a black Infiniti Q50. Read more: Latest Chicago news headlines These five incidents happened at or near street vendors, police said. Around 7:30 a.m. in the 1600 block of North Major AvenueAround 11:10 p.m. in the 3000 block of West 47th StreetAround 11:15 p.m. in the 2900 block of West 47th StreetAround 11:15 p.m. in the 4500 block of South Pulaski StreetAround 11:30 p.m. in the 4700 block of South Whipple StreetChicago police are reminding people to be aware of their surroundings and report suspicious activity immediately.

Sunday Brunch: buttered lobster avocado toast with Hemmingway's Bistro

Published Wed, 26 Feb 2025 01:59:18 GMT

Chef Chris Ala from Hemmingway's Bistro from Oak Park joined Sunday Brunch to make buttered lobster avocado toast.Love the WGN Morning News? We love you, too. And you can have all the hijinks delivered to your inbox every weekday morning. Sign up and subscribe to our WGN Morning News newsletter.

Alaska Airlines to buy Hawaiian Airlines in $1.9B deal

Published Wed, 26 Feb 2025 01:59:18 GMT

HONOLULU (KHON) -- Alaska Airlines is set to acquire Hawaiian Airlines in a $1.9 billion deal, the companies announced Sunday.In a joint statement, the airlines said the merger will expand benefits and options for travelers while still upholding their individual brands.That includes expanded service for Hawaii, an Alaska Airlines hub in Honolulu, and "enhanced benefits" for Hawaiian Airlines' loyalty program.“Since 1929, Hawaiian Airlines has been an integral part of life in Hawai‘i, and together with Alaska Airlines we will be able to deliver more for our guests, employees and the communities that we serve,” said Peter Ingram, Hawaiian Airlines President and CEO. McDonald’s making several big changes to Big Macs, other burgers The deal is expected to close in about 12 to 18 months pending approval by Hawaiian shareholders.“This combination is an exciting next step in our collective journey to provide a better travel experience for our guests and expand options for West Coast...

1 Jar Foundation hosts 4th annual toy drive for kids

Published Wed, 26 Feb 2025 01:59:18 GMT

Jalisa Ford, the founder of 1 Jar Foundation joined WGN Weekend Morning News to share more about the organization's fourth annual Christmas toy drive, looking to serve newborn babies all the way up to the age of 18.Love the WGN Morning News? We love you, too. And you can have all the hijinks delivered to your inbox every weekday morning. Sign up and subscribe to our WGN Morning News newsletter.

Kevin Powell on The Bears

Published Wed, 26 Feb 2025 01:59:18 GMT

Kevin Powell on The BearsLove the WGN Morning News? We love you, too. And you can have all the hijinks delivered to your inbox every weekday morning. Sign up and subscribe to our WGN Morning News newsletter.