Delta Air Lines and American Express have introduced new travel benefits for Delta SkyMiles American Express Card Members, including a complimentary second checked bag on domestic flights and an annual rideshare credit for some cardholders. The update also features new card designs celebrating their 30-year partnership and limited-time bonus mile offers for new card members who apply by July 15, 2026. Current card members will not see an increase in annual fees.

American Express and Delta Air Lines have announced new travel benefits for Delta SkyMiles Card Members, including a complimentary second checked bag on domestic Delta-operated flights and a $120 annual rideshare credit for Gold and Gold Business Card Members. These enhancements, introduced without an annual fee increase, also feature refreshed card designs and limited-time welcome offers for new applicants, celebrating 30 years of partnership between the two companies. The benefits aim to simplify travel and provide more value to cardholders.

Electra Battery Materials Corporation has awarded a C$12.4 million structural, mechanical, and piping (SMP) construction contract to Kilmarnock Enterprises for its cobalt sulfate refinery complex near Toronto. This award brings the total refinery-related construction packages to approximately C$46 million, keeping the project on budget and schedule. The refinery aims to establish a domestic supply chain for EV batteries and critical minerals in North America.

Lamb Weston Holdings, Inc. announced plans to close its manufacturing facility in Broekhuizenvorst, the Netherlands, to improve operational efficiency and align its global manufacturing footprint. The company anticipates pre-tax charges of $80 million to $110 million, primarily due to asset write-downs, inventory, and employee severance, with most charges expected in the fiscal year ending May 30, 2027. This move is subject to a formal consultation process with the local Works Council.

Fifth Third Bancorp has launched "Fifth Third for Business," a new banking experience designed to help small business owners manage cash flow, receive payments faster, and access capital easily. This initiative combines digital lending, faster payment solutions like Early Pay and Zelle, and local banker support. The platform also integrates the digital lending technology previously used by Provide, allowing for quicker financing approvals for small businesses.

Lamb Weston Holdings, Inc. (NYSE: LW) announced its plans to close its production facility in Broekhuizenvorst, the Netherlands, to enhance operational efficiency and better align its global manufacturing footprint with evolving customer needs. This decision is part of the company's "Focus to Win" strategy and will involve a formal consultation process with the Works Council for the approximately 110 affected team members. Lamb Weston aims to conduct this process constructively and support employees fairly through the transition.

Delta and American Express are enhancing their co-branded credit cards with new travel perks, notably a second free checked bag on domestic Delta-operated flights for eligible cardholders. These updates, which also include new rideshare credits and welcome bonuses, come without an increase in annual fees, marking 30 years of partnership between the two companies. The changes aim to reduce friction for travelers during the busy summer season, addressing concerns like packing and airport logistics.

Delta and American Express have enhanced benefits for most of their co-branded cards, now offering a second free checked bag on domestic U.S. flights for cardmembers with an annual fee. This change, excluding the no-annual-fee Delta SkyMiles Blue American Express Card, can save flyers up to $100 on bag fees. Additionally, Delta Gold and Delta Business Gold cardmembers will now receive a new ride-hailing credit, and all cards feature updated designs and elevated welcome bonus offers.

Horizon Aircraft (NASDAQ:HOVR) has appointed Richard Alexander as Chief Engineer of Certified Programs, a strategic move to advance the development and certification of its Cavorite X7 hybrid-electric Vertical Takeoff and Landing (VTOL) aircraft. Alexander brings 38 years of aerospace engineering experience from companies like Bombardier, Vertical Aerospace, and CAE, and will work alongside co-founder Brian Robinson to deliver a certifiable aircraft. This appointment is expected to significantly strengthen the company's path toward commercialization by leveraging Alexander's expertise in leading complex aircraft programs.

Sound Shore Management Inc. CT reduced its stake in General Motors Company by 28.3% in the fourth quarter, selling 421,117 shares and retaining 1,066,395 shares valued at $86.7 million. Despite mixed signals from analysts and recent executive stock sales, GM reported better-than-expected quarterly results with an EPS of $3.70 and announced a quarterly dividend of $0.18 per share. Institutional ownership of General Motors stands at 92.67%, with various other firms also adjusting their positions in the company.