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Joby Aviation Inc. JOBY, +7.01% shares rallied 16% in premarket trades Tuesday after the air taxi developer said it received a $60 million upfront equity investment from Delta Air Lines Inc. DAL, -1.21% to operate all-electric, vertical take-off and landing aircraft for customers initially in New York and Los Angeles. Delta will make a total […]

Google says that early next year, users will be able to pay for cloud services using cryptocurrencies like Bitcoin and Ether via Coinbase. Source: Cointelegraph

Blackbaud Inc. BLKB, -1.35% said Tuesday its board unanimously adopted a limited duration stockholder rights plan or a so-called poison pill, with an expiration date of Oct. 2, 2023. The company, which makes cloud software for the philanthropic community said the rights plan “will reduce the likelihood that any entity, person or group gains control […]

Reliance Steel & Aluminum Co. RS, +2.59% on Tuesday names Karla R. Lewis as CEO after James D. Hoffman steps down on Dec. 31. Hoffman will remain on the company’s board will serve as senior adviser to the CEO until December, 2023 when he will retire. Lewis has worked for Reliance since 1992, including finance […]

Japan welcomed a flood of tourists on Tuesday as pandemic-related travel restrictions in place for more than two years were lifted, the AP reported. The good news in Japan comes as the seven-day average for new COVID cases fell to 38,855 on Monday, down 26% from two weeks ago and the first count below the […]

Shares of SeaSpine Holdings Corp. SPNE, +1.09% soared 21.1% in premarket trading Tuesday, after the medical technology company focused on spinal disorder treatments announced a merger agreement with Orthofix Medical Inc. OFIX, +0.33% that values SeaSpine at about $284.9 million. Under terms of the deal, SeaSpine shareholders will receive 0.4163 Orthofix shares for each SeaSpine […]