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House poised to pass a bill to avert looming rail strike

WASHINGTON — House lawmakers are poised to pass legislation Wednesday to avert a catastrophic rail strike that President Joe Biden warned could threaten the U.S. economy just weeks before Christmas. After a meeting with Biden and other top congressional leaders, Speaker Nancy Pelosi, D-Calif., said Tuesday she is confident there …

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Spirit shareholders approve takeover by JetBlue after a long battle for discount airline

Spirit Airlines shareholders have approved a takeover by JetBlue Airways after a six-month battle to create the country’s fifth-largest carrier, a deal that now faces a high hurdle with federal regulators. Spirit announced the results of the vote after a special shareholder meeting on Wednesday. In April, JetBlue made a $3.8 billion all-cash offer for Spirit, derailing Spirit’s …

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