Tesla’s $2.6 billion SolarCity buyout ruled fair as dismissal of shareholder suit upheld
The Delaware Supreme Court on Tuesday ruled that negotiations over the deal “were conducted at arm’s-length, in good faith.”
The Delaware Supreme Court on Tuesday ruled that negotiations over the deal “were conducted at arm’s-length, in good faith.”
General Motors will spend $209 million to retool its Oshawa Assembly Plant northeast of Toronto so it can build the next generation of internal combustion engine (ICE) full-size trucks.
Scrapping the plan pushes the administration further away from allowing EVs to generate nearly 2 billion credits under the U.S. Renewable Fuel Standard over the next two years.
The survey gauges U.S. dealer feelings about aspects of their dealership, including inventory, staffing and general economic conditions.
With air travel recovering from the pandemic, a new study found that bad behavior among airline passengers has continued to rise.
A new analysis by the International Air Transport Association shows that unruly passenger incidents on airplanes increased 47% from 2021 to 2022, from one incident per 835 flights to one incident per 568 flights.
Though incidents of physical abuse often draw the most attention, the most common types of incidents were “non-compliance, verbal abuse and intoxication,” according to the report. Other misdeeds included bringing outside alcoholic drinks into the cabin, failing to wear a seat belt and packing too much baggage.
Physical abuse incidents occurred on 1 in every 17,200 flights, a small fraction, but still an increase of 61% over the prior year. By comparison, the odds of a person being struck by lightning in their lifetime are 1 in 15,300, according to the National Weather Service.
The rise of incidents comes despite the Federal Aviation Administration issuing a zero-tolerance order in 2021 against unruly behavior. Instead of receiving warnings or being required to seek counseling, violators began to face criminal prosecution or fines of as much as $35,000. Airlines also have the authority to ban an unruly passenger from flying on their carrier in the future.