latest news in companies
Volaris and Viva Aerobus Form Strategic Alliance to Dominate Mexican Low-Cost Market
Mexico City, Friday, 19 December 2025.
In a decisive move to reclaim market share from U.S. competitors, Volaris and Viva Aerobus have agreed to a 50-50 merger of equals under a new holding group. While retaining separate brand identities, this consolidation aims to leverage economies of scale and stabilize operations following recent widespread flight disruptions across Mexico.
Scholastic Increases Profits and Secures $400 Million From Real Estate Transactions
New York, Friday, 19 December 2025.
Scholastic posted $55.9 million in net income while unlocking over $400 million through strategic real estate sales, signaling a major liquidity boost alongside a $150 million share repurchase plan.
Bristol Myers Squibb Secures Tariff Exemption via Medicaid Access Deal
Princeton, Saturday, 20 December 2025.
In a strategic trade-off with the Trump administration, Bristol Myers Squibb secures a three-year tariff exemption by providing Eliquis free to Medicaid and donating seven tons of active pharmaceutical ingredients.
American Airlines Ends Mileage Earning for Basic Economy Tickets
Fort Worth, Thursday, 18 December 2025.
American Airlines now prohibits basic economy passengers from earning frequent flyer miles, aligning with Delta’s restrictive policies to incentivize upgrades to higher-margin standard economy fares.
Telehealth Firms Indicted in $100 Million Online Adderall Conspiracy
San Francisco, Thursday, 18 December 2025.
Federal prosecutors have indicted Done Global and Mindful Mental Wellness in a massive $100 million conspiracy, alleging the firms operated a ‘pill mill’ disguised as digital healthcare. The indictment reveals that over 40 million Adderall pills were distributed to patients—often without legitimate medical need—driven by a subscription model that prioritized revenue over safety. This legal escalation signals a severe regulatory crackdown on telehealth platforms exploiting the online prescription market during a national shortage.
