Benzinga
'Penalty Is Warranted' - DoT Notifies Southwest Airlines Over Holiday Flight Fiasco
- Southwest Airlines Co. (NYSE: LUV) has received a warning from the U.S. Department of Transportation that it may face a fine due to significant operational disruptions last December that caused widespread flight cancellations and passenger distress.
- This disruption and subsequent recovery efforts resulted in the cancellation of more than 16,700 flights from December 21 through December 31, 2022.
Healthcare Property Firms Healthpeak Properties And Physicians Realty Trust To Merge In $21B Deal
- Healthpeak Properties Inc (NYSE: PEAK) and Physicians Realty Trust (NYSE: DOC) have agreed to merge in an all-stock merger of equals valued at approximately $21 billion.
- Under the terms of the agreement, each Physicians Realty Trust common share will be converted into 0.674 of a newly issued Healthpeak common share.
Google Could Turn Your Wireless Earbuds Into Heart Rate Monitors With A Simple Software Update
- Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has revealed that it can turn active noise cancellation (ANC) headphones and wireless earbuds into heart rate monitors without additional hardware.
- Google says its approach sends an "ultrasound probing signal" through the speakers of ANC headphones or earbuds.
Toyota's September Sales Grow Aided By Strong Demand; 1H Sales Jump As Semiconductor Shortage Eases
- Toyota Motor Corporation (NYSE: TM) said its total global production remained flat in September to 1.037 million vehicles, including subsidiaries Daihatsu Motor Co and Hino Motors Ltd.
- For Toyota, September's global production rose 1.5% to 900,919 vehicles, and sales improved 11.6% to 921,308 vehicles.
Rivian To Start Billing For Its Charging Network
- EV maker Rivian Automotive Inc (NASDAQ: RIVN) will begin charging users of its fast-charging network starting in November.
- Though the company provided free charging to its earliest owners, it will begin billing at all of Rivian Adventure Network's charging sites. Charging fees will be billed to the payment information saved in the account, the company said in an email to its customers.