Alaska Air Group

Alaska Air Group will introduce new nonstop flights between Honolulu and cities in Idaho and Washington, while also increasing service to Las Vegas. Hawaiian Airlines will not resume its seasonal route to Auckland.

Horizon Air flight attendants authorized a strike to demand a higher pay raise, escalating contract negotiations with Alaska Air Group. The strike authorization was approved overwhelmingly.

Asian shares mostly declined as renewed US-Iran fighting undermined a ceasefire, with Japan's Nikkei 225 and South Korea's Kospi slipping. Oil prices rose above $90 per barrel, straining fuel markets, while the US and Iran exchanged attacks near the Strait of Hormuz. The Hang Seng and Shanghai Composite bucked the trend with gains.

Asian shares mostly declined as renewed fighting between the U.S. and Iran threatened a ceasefire, with Japan's Nikkei 225 and South Korea's Kospi falling. Oil prices remained elevated, impacting airlines like United and Alaska Air, while the fate of the Strait of Hormuz reopening influenced market tensions.

Asian shares declined as renewed fighting between the U.S. and Iran undermined a ceasefire, with Japan's Nikkei 225 and South Korea's Kospi dropping over 1.5%. Rising oil prices pressured fuel-dependent companies like United Airlines and Alaska Air Group, while tensions over the Strait of Hormuz and crude shortages impacted global markets.

Oil prices rose over 4% due to U.S.-Iran ceasefire threats, but U.S. stocks hit new records as the S&P 500, Dow Jones, and Nasdaq all climbed. Strong corporate earnings and tech stock performance, including a 6.1% rise in Nvidia, offset concerns about inflation and higher fuel costs for some companies.