Niraj Chokshi
Posts
LG Will Spend $5.5 Billion on a Battery Factory in Arizona
Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
Boeing Secures Big Order With Airlines in Saudi Arabia
The order is the latest involving dozens of planes from airlines that are new or have plans to grow rapidly.
Justice Department Sues to Block JetBlue’s Acquisition of Spirit
Antitrust regulators said the deal would reduce competition and raise fares. The companies claim it would allow them to better compete against the biggest U.S....
JetBlue Expects U.S. Move to Block Merger With Spirit
JetBlue said it saw a “high likelihood” of an antitrust suit by the Justice Department this week, but declared that the deal would foster competition.
Delta Pilots Approve Contract Raising Pay by 34%
The agreement could affect ongoing negotiations between pilots’ unions and other large airlines.
JetBlue and Spirit Unions Split on Airlines’ Merger
Flight attendant unions at the two carriers are pushing in opposite directions as federal officials decide whether and on what terms to allow the deal.
Energy Department Will Loan $2 Billion to Redwood Materials
The loan will help accelerate Redwood Materials’ plans to produce components for electric car batteries from new and recycled sources.
Southwest Airlines Faces Tough Questions From Senators
The company canceled thousands of flights around Christmas, disrupting travel for about two million people.
Southwest Lost $220 Million Because of Holiday Meltdown
The airline canceled 16,700 flights before and after Christmas as it struggled to recover from bad weather.
T-Mobile Says Hacker Got Data From 37 Million Customer Accounts
The breach exposed information like names, addresses and phone numbers and lasted more than a month, the company reported in a securities filing.