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Biden Expected to Nominate Former FAA Deputy to Lead Agency
Mike Whitaker served as the Federal Aviation Administration’s deputy chief during the Obama administration. Source link
The Score: Tesla, UPS, Meta and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week’s news. Source link
DoorDash, Uber Eats, Grubhub Sue New York City Over Wage Law
The companies say new minimum pay rates are based on flawed calculus and will raise consumer prices and limit worker flexibility. Source link
This Year's Most Buoyant Sector Was a Win for Value Investors
Cruise lines were the top performer of the second quarter and among the top U.S. stocks for the year. Their secret was low expectations. Source
Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches
The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link
Southwest Airlines Delays Thousands of Flights Amid Technology Issue
The airline resumed departures after a data-connection problem earlier Tuesday led to a pause. Source link
CSX Boss: Railroads' Efficiency Model Wasn't Implemented Properly
New CEO Joe Hinrichs says railroads’ use of the vaunted precision-scheduling model hasn’t put enough focus on employees and customers. Source link
Elon Musk Creates New Artificial Intelligence Company X.AI
The name of the new Nevada-incorporated organization suggests a link to the billionaire’s interest in an everything app. Source link
Elon Musk’s Towering SpaceX Rocket Set for Test Flight
Business SpaceX said it could try to launch Starship to space for the first time as soon as Monday Source link
Subway Sale Process Heats Up as Bidders Head to Second Round
More than 10 possible suitors, including some big names in private equity, are conducting due diligence. Source link