Business

Little Engine No. 1 beat Exxon with just $12.5 mln – sources

Activist investor Engine No. 1 spent roughly $12.5 million to win three board seats at Exxon Mobil Corp(XOM.N), less than half its originalbudget, for the year’s biggest and most closely watched corporate contest, people familiar with the number said.

GM expects to work with the UAW at battery plants – executive

A top executive of General Motors Co (GM.N) on Tuesday expressed strong support for efforts by the United Auto Workers union to organize U.S. electric vehicle battery plants it is building with a partner, but stopped short of endorsing unionization without a formal worker vote.

United Airlines unveils huge jet order in push for growth

United Airlines (UAL.O) unveiled its largest-ever order for Boeing (BA.N) and Airbus (AIR.PA) jets on Tuesday, lining up 270 planes in a push for post-pandemic growth with bigger jets for domestic flying

Musk says may need $30 bln to keep Starlink in orbit

Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink satellite internet venture was growing quickly as he forecast total investment costs in the business at between $20 billion and $30 billion.

Little Engine No. 1 beat Exxon with just $12.5 mln – sources

Activist investor Engine No. 1 spent roughly $12.5 million to win three board seats at Exxon Mobil Corp(XOM.N), less than half its originalbudget, for the year’s biggest and most closely watched corporate contest, people familiar with the number said.

GM expects to work with the UAW at battery plants – executive

A top executive of General Motors Co (GM.N) on Tuesday expressed strong support for efforts by the United Auto Workers union to organize U.S. electric vehicle battery plants it is building with a partner, but stopped short of endorsing unionization without a formal worker vote.

United Airlines unveils huge jet order in push for growth

United Airlines (UAL.O) unveiled its largest-ever order for Boeing (BA.N) and Airbus (AIR.PA) jets on Tuesday, lining up 270 planes in a push for post-pandemic growth with bigger jets for domestic flying

Musk says may need $30 bln to keep Starlink in orbit

Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink satellite internet venture was growing quickly as he forecast total investment costs in the business at between $20 billion and $30 billion.

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