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A Delta aircraft taxis to Terminal A shortly before a deep orange winter sunset at Boston Logan International Airport in Boston, MA, on Dec. 22, 2025. Austin DeSisto | Nurphoto | Getty ImagesDelta Air Lines is dividing up the front of the plane into even smaller groups, offering a new “basic” fare for business and first classes that comes without perks like free seat selection and airport lounge access.The carrier is following United Airlines, which made a similar change earlier this year to its Polaris long-haul business class and other higher-tier cabins. Carriers are seeking to maximize what they can…

Glencore options trading surges with focus on July calls Source link

DeepSeek, the Chinese startup developing large language models that are competitive with those from US companies like OpenAI and Anthropic, is planning to enter the silicon business, according to Reuters. Citing three people familiar with the matter, Reuters writes that DeepSeek has been working on a move into silicon for about a year. It has been meeting with potential partners in the hardware and silicon space and has been hiring engineers for the project. The focus is on data center chips for inference, not training, and the goal is likely to reduce reliance on both Huawei and Nvidia. Nvidia is…

General Motors is likely to bounce back on its “consistent, steady” efforts to navigate industry headwinds and drive more value to shares, according to JPMorgan. The investment bank has an overweight rating on the automotive giant. It raised its price target to $110 from $98, suggesting 45% upside from Tuesday’s close. “We remain OW on GM shares given consistent, steady execution, navigating tariffs and supply chain bottlenecks, all of which should support a modest re-rating relative to current levels,” analyst Rajat Gupta said Wednesday in a note to clients. “We are attracted to the shares based on both valuation, particularly…

Chevron offers rival drillers its chemical technology to boost shale oil output Source link

Apple said it’s expanding its partnership with chipmaker Broadcom in a multi-year deal expected to exceed $30 billion, marking the iPhone maker’s largest U.S. manufacturing commitment to date.The agreement, announced by Apple on Wednesday, will lead to the production of more than 15 billion U.S.-made chips and includes a $1.5 billion expansion of Broadcom’s facility in Fort Collins, Colorado. Apple didn’t provide a timeline for when the new capacity will come online.Broadcom has long supplied Apple with connectivity components, but the new agreement deepens that relationship around U.S.-made custom silicon. Apple said Broadcom will make wireless components used to help…

Senior figures in Reform say they did price in both scenarios that have since played out: other parties saying they won’t stand and some seeking to delay the by-election until after the completion of the ongoing inquiry into Farage by the Parliamentary Commissioner for Standards.The Liberal Democrats have suggested the government should delay appointing Farage to one of the Crown roles a departing MP has to occupy in order to leave the Commons.Clearly, the risk for ministers in doing this would be to play into Reform’s argument that what they see as “establishment” parties are blocking their right to a…

In an aerial view, a residential neighborhood is seen on June 4, 2026 in Pembroke Pines, Florida.Joe Raedle | Getty ImagesMortgage rates have been hovering in a tight range for more than a month, and that range is on the relatively high side. As a result, mortgage demand isn’t moving much either. Total mortgage application volume dropped 2.2% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. An additional adjustment was made for the Independence Day holiday.The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, increased…

Why is Rocket Lab stock sliding today? Source link

That process also avoids the use of shielding gases in smelting, and Faulks says that for casting, Lola uses a shielding gas that isn’t environmentally damaging. Then there’s the bodywork; in the 1960s, Lola used fiberglass, as carbon fiber hadn’t yet caught on. Now, it’s using a new composite it developed itself. “It’s a combined fiber system with basalt outer layers, flax inner layers, which is acting kind of like an Aramid, and then a PFA resin system that’s derived from sugarcane. So rather than just being a material, it is a system that you can go make parts with,…