Delta Air Lines Inc. expects to incur more than $2 billion in higher fuel costs through June because of the Iran war, prompting the carrier to tread carefully and stick to its previous full-year profit forecast.

“We’re not updating it in light of the uncertainty, so I think it’d be imprudent to make any estimate at this point,” Delta ...Read more

Evan Malone brought his Cornell University engineering Ph.D., masters in robotics, and University of Pennsylvania physics degree back to Philadelphia in 2008 to start the first iteration of NextFab, a pioneer in the “makerspace” movement that sought to democratize new digital tools for a vision of locally based manufacturing.

For-profit ...Read more

Elon Musk is seeking to have OpenAI Chief Executive Officer and board member Sam Altman removed from his roles at the artificial intelligence startup as part of the billionaire’s legal challenge to the ChatGPT maker’s conversion to a for-profit company.

Musk said in a Tuesday court filing that the goal of his lawsuit is to “unwind OpenAI�...Read more

U.S. Bank is becoming the official bank of the NFL.

The Minneapolis-based bank and the pro football league are entering a yearslong partnership that will make U.S. Bank the presenting sponsor of the Super Bowl MVP Award and a top sponsor of the NFL’s FLAG Championships, its no-contact game for youth. The bank will also act as a wealth manager...Read more

The Philadelphia area’s federal workforce was cut back by thousands last year under President Donald Trump — and for the first time, which agencies were hit the hardest by job loss has become clear.

Since Trump took office, his administration has sought to shrink and reshape the federal workforce. Last year, government agencies laid off ...Read more

The Wharton School is no longer the top-ranked business school in the country, according to an annual list from U.S. News & World Report.

The University of Pennsylvania’s business school, which held the No. 1 spot in 2025, fell to No. 2 this year. Wharton has shared the top spot with other schools in recent years.

The change “was primarily...Read more

After several failed attempts to spin off Pinnacol Assurance through the state budget, supporters are now taking a different route — pushing new legislation that would lay the groundwork to convert Colorado’s workers’ comp program to a private entity.

Speaker Julie McCluskie, a Dillon Democrat, said she planned to introduce a bill in the ...Read more

Imagine you're shopping for a home. You've been scouring Zillow and Redfin for months with no luck. But, unbeknown to you, your dream home is actually for sale — you’ll just never see it, let alone get a chance to compete for it.

That scenario is a nightmare for homebuyers, and for the group in charge of Washington's real estate listing ...Read more

U.S. health insurers have made it easier for doctors to get approval before providing certain types of treatment, industry groups said, calling it a sign of progress toward alleviating burdensome delays for patients.

Major health plans said they collectively removed thousands of prior authorization requirements for medical procedures since they...Read more

U.S. shale drillers are expected to follow President Donald Trump’s call for higher oil production — but not just because he said so.

The 72% surge in crude prices since the U.S. and Israel commenced attacks on Iran roughly five weeks ago is incentive enough to compel American oil executives to ramp up output, according to observers as ...Read more

General Mills plans to eliminate more than 160 jobs as it closes its pizza crust plant in St. Charles, Missouri, a company official told state regulators this month.

Minneapolis-based General Mills Inc. expects the job cuts to occur on or about June 8, or within two weeks of that date, the Thursday notice to Missouri officials said.

In total, ...Read more

Aerospace startup Hermeus is moving its headquarters to El Segundo from Atlanta as it aims to build autonomous hypersonic aircraft for the military, the latest sign of revival in the region's aerospace and defense sectors.

The company, valued at $1 billion, is opening executive offices and a facility where it will design and build its next ...Read more

Some employees called it the “dash for cash.”

Months after Kaiser Permanente doctors saw a patient, federal prosecutors said, administrators pushed the physicians to add new, false diagnoses to the medical record in a billion-dollar scheme to defraud the government. Kaiser in February paid $556 million to settle the allegations.

“...Read more

Amazon.com Inc. has reached a new agreement with the U.S. Postal Service, providing a lifeline to the beleaguered government agency and securing delivery for customers in rural America.

Under the deal, Amazon will retain about 80% of ​its existing deliveries ​with USPS, or more than ‌1 ⁠billion packages per year, according to a person ...Read more

Phillips 66 estimated nearly $1 billion in losses from its short position in oil and other related commodity derivative contracts in the first quarter as the war in Iran sent crude and fuel prices skyrocketing.

The refiner projects impacts of $900 million on its standard net-short position on crude, refined oil products, natural gas liquids and...Read more

Anthropic PBC said its revenue run rate has now topped $30 billion, up from $9 billion at the end of 2025, and confirmed plans to work with Broadcom Inc. and Google to power its burgeoning operations.

The AI startup said that demand for its Claude services has accelerated this year, with more than 1,000 business customers spending over $1 ...Read more

General Motors Co.’s vehicle brand names are no longer displayed on the Renaissance Center's digital signage.

The vehicle brand names had appeared after the GM logo was removed from the tallest tower in January when the company moved its headquarters to Bedrock's Hudson's Detroit on Woodward, said GM spokesperson Kevin Kelly.

GM, which owns ...Read more

Oracle disclosed plans to slash 654 jobs in the Bay Area after recent reports that the company had emailed termination notices to potentially thousands of employees worldwide.

The software and cloud services company will eliminate 312 jobs in Redwood City, 184 positions in Santa Clara and 158 jobs in Pleasanton, according to WARN notices that ...Read more