Business

Sunnier skies: US airline recovery gets off the ground

US airlines are seeing profits return and betting that the rise of the Delta variant of the coronavirus will not derail a domestic travel comeback even as it clouds the outlook for an international recovery.

Automotive

Daimler: $4.3 billion quarterly profit despite chip shortage

German auto maker Daimler reaped strong profits in the second quarter as demand for its Mercedes luxury cars continued to rebound from the depths of the pandemic, generating cash that the company can invest in its shift to ...

Automotive

GM lifts forecast as chip shortage eases, stock hits record

Shares of General Motors Co. closed at a record high Thursday after the company said its efforts to manage the global computer chip shortage have worked better than expected, so it's financial results will improve.

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