While the first half of 2026 saw the collapse of several small and mid-size airlines, sometimes plans to launch a new one end up getting shut down even before a single plane gets off the ground. Envisioned as the world’s first zero-emission regional airline by British green investor Dale Vince, British carrier Ecojet Airlines entered
Exxon Mobil (XOM) officially moved its legal home from New Jersey to Texas this week. The move became official on July 1, as shareholders had already approved it. Exxon also won a major legal battle. On June 23, the U.S. Supreme Court ruled 6-3 in Exxon’s favor. The ruling revives an old lawsuit over refineries
Five of the biggest names in American pharma just got a deadline from Washington. The House Select Committee on China sent letters this week to Merck (MRK), AbbVie (ABBV), Eli Lilly (LLY), Pfizer (PFE), and Bristol Myers Squibb (BMY), Reuters reported. Lawmakers want each company to explain how it protects data and vets ethics standards
With long-time Ryanair chief executive Michael O’Leary long associated with his wit and fiery temper, the larger low-cost airline in Europe has also taken a “talking the shit” strategy to its social media presence over the years. After Elon Musk called O’Leary a “total idiot” to his 223 million followers, Ryanair reciprocated by holding a
The AI trade isn’t just about Nvidia anymore. That could be the true warning sign underlying Michael Burry’s current move on the markets. The investor behind “The Big Short” has revealed new bearish positions against Tesla (TSLA), Nvidia (NVDA), Caterpillar (CAT), Applied Materials (AMAT), and the iShares Semiconductor ETF (SOXX), according to the Wall Street
President Donald Trump bought a sizable stake in Axon Enterprise this year, the maker of the taser and a growing lineup of policing technology. Two weeks later, Immigration and Customs Enforcement asked vendors for thousands of new tasers built to specifications that experts say match only Axon’s gear. Nobody has indicated that Trump knew about
Advanced Micro Devices, Inc. (AMD) closed the month of June at $580.91, up 7.68% in the last session, and hit a new 52-week high of $584, giving the company a market cap approaching $950 billion. The stock is up 171.25% year-to-date and 309.38% over the past year, according to Yahoo Finance. What I keep noticing
With talks to end the Iran war continuing to hit roadblocks and delays, the security situation across much of the Middle East remains too volatile for many airlines. The most recent exchange of strikes between U.S. and Israeli forces in the Strait of Hormuz took place on June 28. Delta Air Lines recently extended the
While the collapse of Spirit Airlines at the start of May continues to dominate headlines as the most high-profile airline shutdown of 2026, a number of other small airlines around the world have also seen their finances fall to the point of having to file for bankruptcy and cease operations. Mexican holiday carrier Magnicharters also filed
I have watched plenty of Wall Street veterans hedge their commentary on big corporate breakups. We have had too many qualifiers, too much “time will tell.” This time, I like that Roger Altman did not do that. The Evercore founder, senior chairman, and American investment banker who has advised on some of the largest deals