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Tesla shares surge as second-quarter deliveries beat Wall Street expectations

Tesla shares jumped about 10% on Tuesday after billionaire Elon Musk’s company reported better-than-expected vehicle deliveries in the second quarter. The company delivered a total of 443,956 vehicles, down 4.8 percent from the same period last year. But deliveries beat the consensus estimate of 439,000 units, according to FactSet data. Tesla’s flagship Model 3 sedan […]

Six Flags-Cedar Fair merger creates largest amusement park operator in North America

Six Flags Entertainment Corporation announced that it has merged with Cedar Fair Entertainment Company to create North America’s largest amusement park operator with 42 new parks across the United States, Canada and Mexico. The merger, which closed Monday, values ​​the company at an estimated $8 billion and “combines Cedar Fair’s reputation for delivering exceptional guest […]

Supreme Court turns away OSHA challenge over opposition from Thomas, Gorsuch

The U.S. Supreme Court on Tuesday rejected a challenge that could have eviscerated the Occupational Safety and Health Administration (OSHA), despite dissent from two conservative justices. Ohio construction contractors, backed by Republican-led states and anti-regulation advocates, have called on Congress to Delegating legislative power in violation of the ConstitutionIt is the government’s fault for giving […]