Creditors to JetBlue are working with restructuring adviser PJT Partners as the airline weighs its financial options. A surge in jet fuel costs tied to the Iran war has squeezed margins despite steady travel demand.
Venezuelan opposition leader Maria Corina Machado has returned to Caracas after months in exile, according to fellow opposition figure Edmundo Gonzalez. Her return comes amid deepening doubts about the country's democratic process.
Canadian convenience-store operator Alimentation Couche-Tard has proposed an offer worth up to $8 billion for Cumberland Farms, The Times reported. The Massachusetts-based fuel and convenience chain would add hundreds of stores to Couche-Tard's North American network if the deal goes through.
Alaska Senate candidate Mary Peltola and a voters' rights group have sued to stop the Trump administration from blocking certification of the state's Senate race. The suits argue the administration has no legal basis to delay confirming results that preliminary counts show favor a Democratic win.
Amgen says a drug added to AstraZeneca's immunotherapy cuts the risk of death by 58% in patients with an aggressive form of lung cancer. The combination could give patients significantly more time to live.
Audi plans a new US assembly plant in Georgia expected to produce 200,000 SUVs a year, a government official said. President Trump is set to announce the deal personally.