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SAN DIEGO (AP) — The Trump administration has sued California for providing in-state college tuition, scholarships, and state-funded financial aid to students who do not have legal status to be in the United States.The lawsuit, filed Thursday in the U.S. District Court for the Eastern District of California, alleges the practice harms U.S. citizens and encourages illegal immigration. Among the defendants are the state, top state officials, and the state’s two public university systems, the University of California and California State.President Donald Trump’s administration has filed similar lawsuits against policies in other states, including Illinois, Oklahoma, Minnesota, Kentucky and Texas.…
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024.Scott Olson | Getty ImagesEli Lilly reached a $1 trillion market capitalization on Friday, the first health-care company in the world to join the exclusive club dominated by tech firms.Eli Lilly briefly hit the $1 trillion mark in morning trading before retreating. It was last trading around $1,048 a share. Eli Lilly is the second nontechnology company to reach the coveted $1 trillion mark in the U.S. after Warren Buffett’s Berkshire Hathaway.The drugmaker’s stock has climbed more than 36% this year…
by Brian Major Last updated: 3:35 PM ET, Thu November 20, 2025 As it name indicates, BermudAir is focused on routes serving the tiny archipelago of Bermuda. BermudAir’s network currently connects Bermuda with multiple destinations across the U.S. and Canada, offering travelers a seamless and uniquely Bermudian onboard experience. All services are operated aboard Embraer E175 and E190 aircraft, offering BermudAir’s signature onboard experience. In addition, travel advisors may take advantage of BermudAir Holidays, offering curated hotel and experience packages for both outbound Bermuda residents and inbound U.S. travellers. Custom vacations are available upon request by contacting holidays@flybermudair.com, with commission…
Kalshi, a prediction market that allows people to bet on future events, has raised a massive $1 billion round at a $11 billion valuation, according to a person familiar with the deal. The round comes less than two months after the seven-year-old startup announced its previous fundraise of $300 million at a $5 billion valuation. The latest round is led by the company’s returning investors Sequoia and CapitalG, the person said. Other investors in Kalshi include Andreessen Horowitz, Paradigm, Anthos Capital, and Neo. Kalshi and Sequoia declined to comment. CapitalG didn’t respond to our request for comment. Kalshi’s main rival,…
The grounding of MD-11 aircraft after the deadly crash of a UPS plane earlier this month could boost air cargo rates during the peak holiday shipping season, with some capacity out of the market, but analysts aren’t expecting a big impact.The Federal Aviation Administration on Nov. 8 prohibited flights of MD-11 planes, less than a week after a Honolulu-bound UPS aircraft crashed moments after takeoff from Louisville Muhammad Ali International Airport in Kentucky, killing the three crew members and 11 people on the ground.Earlier this week, the TAC Index, which tracks air freight rates around the world, said the Baltic…
by Mia Taylor Last updated: 4:50 PM ET, Thu November 20, 2025 During a recent appearance on the Airlines Confidential Podcast, United Airlines CEO Scott Kirby all but predicted the end of American Airlines.Asked by the podcast host Scott McCartney to discuss where he sees the industry in five to 10 years, Kirby said the market will be dominated by “two large, revenue diverse, full service, brand loyal airlines.” When prompted by McCartney to clarify whether he meant to say three large airlines and not two, Kirby replied:“There’s two today, and there will only be two,” adding that “everyone else…
WhatsApp is getting its own version of a status update feature, similar to Instagram Notes. As on Instagram, the new feature allows users of the Meta-owned messaging app to post a short text update that can be seen by others. In this space, you could let people know what you’re up to or what’s new in your life. The company suggests users could also post something that could serve as a conversation starter, or they could use the space to share why they might not be available to talk at present. While the addition may be new to many, the…
NASHVILLE, Tenn. (AP) — A group of public school students’ parents and taxpayers has filed a lawsuit challenging Tennessee’s new statewide school voucher program, saying that allocating nearly $150 million in state funding to help parents send their kids to private schools is unconstitutional.In their lawsuit filed Thursday in Davidson County Chancery Court, the plaintiffs requested injunctions to block the Republican-backed law while the case proceeds.Similar scholarship and voucher initiatives have proliferated in Republican-led states such as Texas, which passed a $1 billion program. States have increasingly offered vouchers to families beyond only the neediest ones, contributing to budget concerns…
An airplane takes off from New York’s Laguardia Airport after the FAA ordered flight cuts at 40 major airports amid the ongoing U.S. government shutdown in the Queens borough of New York City, U.S., November 7, 2025. Ryan Murphy | ReutersAir traffic controllers and technicians with perfect attendance during the government shutdown will receive $10,000 bonuses, the Department of Transportation and Federal Aviation Administration said this week.The bonuses will go to 776 controllers and technicians, who will receive notification next week with payments going out by Dec. 9, the FAA and DOT said. There are about 11,000 fully certified air…
Electric air taxi developer Joby Aviation is suing Archer Aviation over allegations its rival used stolen trade secrets extracted from a former employee to interfere in its business. The lawsuit, filed Thursday in the Superior Court of California in Santa Cruz County, makes a series of allegations against Archer and George Kivork, a former Joby employee. Joby alleges Kivork, who was hired by Archer, stole trade secrets that were then used by Archer. In the lawsuit, Joby alleges that two days before announcing his resignation, Kivork “exfiltrated a cache of highly valuable Joby filings containing confidential partnerships terms, business and regulatory…