Business
German automaker Mercedes-Benz said on Tuesday it will invest $4 billion at its Alabama plant through 2030 to boost SUV production as it seeks to address significant U.S. auto tariffs. In total, luxury automaker Mercedes-Benz said it plans to invest more than $7 billion in U.S. operations in the coming…
Virgin Galactic is reopening sales of its commercial spaceflights on a limited basis – though ticket prices have risen from the company’s previous rate. The company made the announcement alongside its financial results for the fourth quarter and full year 2025, signaling that work on its fleet of SpaceShips is…
Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs in the thousands, according to a report by CNBC that cited two people familiar with the matter.Oracle has recently ramped up capital spending…
A proposed Department of Labor rule could significantly expand what Americans are able to hold inside their retirement accounts, potentially opening the door to assets like cryptocurrency, real estate and private markets. BlackRock Global Head of Retirement Solutions Nick Nefouse described the rule as “a huge step forward for the…
Despite a 50% spike in oil prices and an escalating conflict involving Iran, Wells Fargo CEO Charlie Scharf reports a disconnect between market volatility and real-world economic health. “So, separate out the pure economy from markets and what people are nervous about in terms of what the future holds. The…
A Delta Air Lines flight bound for Atlanta returned to São Paulo, Brazil, shortly after takeoff Sunday night following an engine issue, according to the airline and local reports. Delta Flight 104, operated on an Airbus A330-300, experienced a mechanical issue with its left engine after departing São Paulo International…
In another massive blow to high-tax blue states, Apollo Global Management Inc. has announced plans to establish a second U.S. headquarters, scouting locations in Texas and South Florida. The financial investment heavyweight allegedly shared with its teams on Sunday that it plans to open the second office while keeping its…
Amazon and Delta Air Lines are partnering up to significantly upgrade the in-flight Wi-Fi experience and eventually give passengers the ability to make video calls at 30,000 feet. The companies’ CEOs announced Tuesday that Amazon Leo, the company’s high-speed satellite internet service, will be offered onboard Delta flights starting in…
JetBlue is raising baggage fees by $4–$9 for economy passengers, citing increasing jet fuel prices due to global oil supply shortages amid the Iran war. “As we experience rising operating costs, we regularly evaluate how to manage those costs while keeping base fares competitive and continuing to invest in the…
U.S. gasoline prices on Monday topped $4 a gallon nationwide, adding pressure to household budgets as oil markets surge in response to the lingering Iran conflict. Data from GasBuddy showed the national average price for regular gasoline at $4.018 per gallon, with mid-grade at $4.541 and premium at $4.904. AAA…














