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Delta will pay millions of dollars to settle class-action lawsuit over faulty refunds during Covid
Delta Air Lines will pay tens of millions of dollars to settle a class-action lawsuit from customers who said the airline wouldn’t refund…
Rivian prices $1.5 billion green convertible senior notes offering
Rivian Automotive
RIVN,
+3.56%
priced $1.5 billion in green convertible senior notes on Thursday at about $23.29 per share of common…
Key takeaways from Sam Bankman-Fried’s first week in court
Sam Bankman-Fried’s fraud trial began just four days ago, and already jurors have heard testimony from one of his closest business partners…
Rivian’s stock bounces back into the green in wake of convertible debt pricing
Shares of Rivian Automotive Inc. have roller-coastered back into the green Friday’s, a day after suffering a record selloff, in the wake of the pricing of…
Latinos with advanced degrees more than doubled from 2000 to 2021, study says
The number of Latinos with advanced degrees has more than doubled in the last 20 years, according to a new Pew Research Center analysis.…
Pub chain posts first profit since COVID-19
British pub chain J.D. Wetherspoon on Friday posted its first annual profits since the start of Covid-19 on the back of an 11% uptick in sales. The…
UAW says it scored a major concession from GM and will not expand its Big Three strike Friday
United Auto Workers President Shawn Fain said Friday that Ford, General Motors and Stellantis will all avert an expansion of the UAW’s work…
Virgin Galactic set for Galactic 04 mission, its fifth spaceflight in five months
Virgin Galactic Holdings Inc. is making final preparations for its fifth spaceflight in five months. The flight window for the private spaceflight company’s…
Car buyers can get their EV tax credits up front at the dealership starting in January
People shopping for electric vehicles starting next year will be able to get a $7,500 federal tax credit off the sticker price while at the…
Amgen to continue to seek full approval of Lumakras cancer drug after FDA panel criticizes trial
Amgen Inc. said it would continue to work closely with the Food and Drug Administration to seek full approval for its Lumakras cancer drug as a treatment for…