(Reuters) -Delta Air Lines Chief Executive Ed Bastian predicted on Thursday a boom in business travel in September as corporate America emerges from the coronavirus pandemic and businesses reopen, with leisure travel already fully restored.
Extended Stay America said on Tuesday Blackstone Group and Starwood Capital Group raised their buyout bid for the hotel operator by $1 per share, after a proxy adviser recommended shareholders vote against the $6 billion takeover offer.
WASHINGTON The Federal Aviation Administration said Friday that Boeing had temporarily halted deliveries of 787 Dreamliners as the agency waits for more data to determine if the planemaker's planned inspection method meets federal requirements.
The U.S. Department of Justice said on Friday that Canadian National Railway Co's bid for U.S. railway operator Kansas City Southern appears to pose greater risks to competition than a rival agreement with Canadian Pacific Railway.
Airbnb Inc beat Wall Street expectations for first-quarter gross bookings and revenue on Thursday, as speedy COVID-19 vaccinations and easing restrictions encouraged more people to check into its vacation rentals.
Boeing Co said on Tuesday 737 MAX jet deliveries fell to just four airplanes in April from 19 in the previous month, as the U.S. planemaker's best-selling aircraft struggles with an electrical problem that has re-grounded part of the fleet.
Peloton Interactive Inc on Thursday estimated an about $165 million hit to current-quarter revenue from a recall of its treadmills as the company laid out steps to improve the safety of the equipment.
(Reuters) -Booking Holdings Inc welcomed a rebound in travel demand in the United States and Britain as more people planned holidays after getting vaccinated, but Asia remained on the back foot as its health crisis worsened.
Peloton announced a recall of its treadmills on Wednesday, reversing course just weeks after saying there was "no reason" to stop using the exercise machines despite reports of multiple injuries and the death of a child in an accident. | Video
CHICAGO Caterpillar Inc on Thursday reported higher quarterly earnings but warned supply-chain bottlenecks, particularly a global shortage of semiconductor chips, could affect its ability to keep up with increasing customer orders.