BLOOMBERG Archer Aviation Inc said it raised $215 million in funding and patched up a legal dispute with Boeing Co, paving the way for the electric air-taxi startup to collaborate with its former adversary on future designs. Archer received investments from Boeing, as well as existing backers Stellantis NV, United Airlines Holdings Inc and tech-focused Ark Invest, it said in ...

BLOOMBERG Sicily’s largest airport in Catania reopened after an eruption of Mount Etna forced it to close. The website of Catania Airport, Italy’s sixth by passenger traffic before the pandemic, is showing mostly regular flights with some minor delays and a few cancellations. Mount Etna, Europe’s most active volcano, erupted  in the southeast crater at an altitude of about 2,700 ...

BLOOMBERG Walmart Inc raised its annual profit forecast for the second straight quarter after scoring new sales gains with bargain-hunting US shoppers. Food revenue continued to rise strongly and Walmart’s general merchandise business was stronger than the company expected at the beginning of the second quarter, said Chief Financial Officer John David Rainey. The retailer is also still benefiting from ...