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Breaking News: Business

Nikola shareholder vote on stock sale plan due Thursday

by Horatio Thompson
Nikola shareholder vote on stock sale plan due Thursday

Nikola TRE FCEV2 Courtesy: Nikola Electric heavy-truck maker Nikola will find out later Thursday whether its shareholders have approved its plan to raise money by selling more stock. Nikola hopes …

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July Fourth holiday flights: Disruptions continue, United struggles

by Franz Hernandez
July Fourth holiday flights: Disruptions continue, United struggles

Travelers arrive at O’Hare International Airport on June 30 2023 in Chicago, Illinois. Travel forecasters are predicting record travel for the July 4th weekend, but this year’s celebration may also …

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Flight cuts needed after July 4th weekend storms

by Franz Hernandez
Flight cuts needed after July 4th weekend storms

United Airlines‘ CEO Scott Kirby said that without more gates the airline will have to reduce or change schedules to handle frequent gridlock at its Newark, New Jersey, hub, a …

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FDA approves Alzheimer’s drug Leqembi from Eisai, Biogen

by Akin Smith
FDA approves Alzheimer’s drug Leqembi from Eisai, Biogen

The Food and Drug Administration on Thursday fully approved the Alzheimer’s treatment Leqembi, a pivotal decision that will expand access to the expensive drug for older Americans. Medicare announced shortly …

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Buy Buy Baby auction canceled but bidders still interested

by Anas Siddiqui
Buy Buy Baby auction canceled but bidders still interested

“Store Closing” signs at a Buy Buy Baby store in the Brooklyn borough of New York, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images Bed Bath …

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Why airline stocks are up even as disruptions mount

by Franz Hernandez
Why airline stocks are up even as disruptions mount

Travelers are seen ahead of the fourth of July holiday weekend at Hartsfield-Jackson Atlanta International Airport on June 30, 2023, in Atlanta, Georgia. Elijah Nouvelage | AFP | Getty Images …

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Hyundai overtakes GM, but Tesla’s U.S. dominance continues

by Anas Siddiqui
Hyundai overtakes GM, but Tesla’s U.S. dominance continues

A Tesla Model Y is seen on a Tesla car lot on May 31, 2023 in Austin, Texas. Tesla’s Model Y has become the world’s best selling car in the …

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Why the EV boom could put a major strain on our power grid

by Horatio Thompson
Why the EV boom could put a major strain on our power grid

Over half of all new cars sold in the U.S. by 2030 are expected to be electric vehicles. That could put a major strain on our nation’s electric grid, an …

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JetBlue to end American Airlines deal, focus on Spirit, after antitrust case

by Franz Hernandez
JetBlue to end American Airlines deal, focus on Spirit, after antitrust case

American and JetBlue flights prepare to take off at Los Angeles International Airport, Jan. 11, 2023. Carolyn Cole | Los Angeles Times | Getty Images JetBlue Airways said Wednesday that …

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