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Ken Griffin-backed Richard Irvin loses to Darren Baily after expensive campaign
Few airlines hedge against surging oil prices but Southwest’s small team has shown the benefit
Hedge fund is latest US company to depart Illinois in less than two months
Citadel’s Ken Griffin faces off against a Republican megadonor and an heir to the Hyatt hotel fortune
Aerospace group reworked presidential aircraft after former president’s tweets, but then took $1.1bn in charges
Electric vehicle maker’s boss cites ‘super bad feeling’ about economy
US carmaker will invest in assembly plants in Michigan, Ohio and Missouri
Carmaker and tech company team up to accelerate shift to electrical vehicles
Relocation to Virginia aimed at boosting defence ties comes amid criticism over jetliner delays
Customers are determined to travel even as carriers pass on rising fuel and labour costs
American aerospace groups could struggle to scale up production in the wake of the Ukraine war
Relocation to Arlington, Virginia would bring US aerospace group closer to key federal lawmakers
Chief executive says group should not have agreed to Trump presidential aircraft deal
US missile maker warns of immediate hit from decision to exit Russia
The aviation industry is struggling to ramp up operations after two years of Covid disruptions, cost-cutting and redundancies
Biden administration plans to appeal against court defeat for face covering mandate
Some international carriers drop requirement to wear a face covering for flights
Carrier has ‘never sold more tickets’ than in the past five weeks, says Ed Bastian
CEOs say rules due to expire on Monday are ‘no longer aligned with the realities’
Plus, JetBlue gatecrashes Spirit’s merger with budget rival Frontier, and a scandal at KPMG comes to a close
Automakers to share technology and deliver green models in crucial markets including China and North America
Companies had scaled back lavish galas amid pandemic restrictions and climate commitments
Covid has exacerbated the city’s wealth disparity, rejuvenating luxury sales but making it harder for many to buy a home
Chief executive says bookings remain robust despite concerns over war in Ukraine
Bank says disease is becoming ‘part of our new normal’ as case numbers decline
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