1. Alaska Air to buy Hawaiian Airlines
Alaska Airlines announced Sunday that it has reached a $1 billion deal to buy Hawaiian Airlines. The deal will combine two longtime rivals and cement Alaska Air's position as the nation's fifth-largest carrier, if it wins approval from antitrust authorities. Regulators have challenged other airline mergers in recent years. This deal, however, involves two airlines that are too small to threaten the four biggest domestic carriers, which handle 80% of the domestic market, The Wall Street Journal reported. If the acquisition goes through, the brands will remain separate but with expanded reach, connecting Hawaii with three times as many continental U.S. destinations. The Wall Street Journal
2. Spotify to lay off 1,500
3. Hillary Clinton says insurance reform needed for climate victims
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