US Business

While federal health officials still advise against travel, passenger volumes are picking up as U.S. airline executives voice optimism about a rebound.

The Canadian communications companies seek to invest in Canada’s rollout of fifth-generation wireless service.

The countries joined some smaller European nations that have temporarily stopped giving the vaccine amid a small number of cases of blood clotting. Health regulators and AstraZeneca said there is no known connection between severe clotting and the shot.

Residential home sales are hitting peaks last seen in 2006, just before the bubble burst, but this time mortgages are stricter, down payments are higher, and a tight supply is supporting prices.

The chief executive will retain his role while changing his title at the electric vehicle maker.

China’s government has asked Alibaba Group to dispose of its media assets, as officials grow more concerned about the technology giant’s sway over public opinion in the country.

The two investment firms have agreed to acquire Extended Stay America for $6 billion, a bet that a rare bright spot for the lodging industry during Covid-19 can shine brighter as the U.S. emerges from the pandemic.

The messaging tool is selling more than $1 billion of debt to fund operations and repay existing creditors, as it races to attract ads.

The rival drugmakers said they had agreed to explore whether a combination of two experimental drugs, which the companies had been researching separately, could treat HIV even if taken every several months.

Amid the current SPAC frenzy, companies with little revenue today are projecting explosive growth in a short time, leaving some investors skeptical.