As Alaska Airlines (ALK) is set to buy Hawaiian Airlines (HA) for $1.9 billion, the Federal Trade Commission (FTC) is investigating Exxon's (XOM) planned merger with Pioneer Natural Resources (PXD). S&P Global Market Intelligence Editorial Lead Joe Mantone examines M&A activity in 2023, discussing with Yahoo Finance the conditions that could boost or hurt M&A forecasts for the new year. "Something that could help M&A in 2024 is if... [interest rates] stop rising, if they stay at an elevated rate without increasing, that can help boost M&A activity," Mantone says. "Just because buyers have a better idea of what their financing is going to cost." Click here to watch the full interview on the Yahoo Finance YouTube page or you can watch this full episode of Yahoo Finance Live here.
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Venezuela on Wednesday arrested an opposition member for alleged treason, after the attorney general said earlier there are arrest warrants out for several people connected to the campaign of opposition presidential nominee Maria Corina Machado for crimes including treason. A lawyer for Machado's Vente Venezuela party said earlier in the day the staffers have always acted correctly. The wife of Roberto Abdul, a member of the commission which planned the primary where Machado was elected the opposition's 2024 candidate, has confirmed his arrest, Alfredo Romero, head of non-governmental organization Foro Penal said on social media.