* Scaringe's new pay plan linked to reduced stock price targets * New package also hinges on new profit, cash flow milestones * Rivian says aims to align CEO pay with shareholder returns * Scaringe's base salary doubled to $2 million (Adds expert comments, details and background in paragraphs 4, 5, 6, 8, 10 and 13) By Abhirup Roy, Akash...

(Reuters) -Electric pickup and SUV maker Rivian said on Friday it was giving its CEO a pay plan worth as much as $4.6 billion over the next decade, a deal similar to Tesla's record package for CEO Elon Musk, and linked to new profit targets and lower share price milestones than a previous deal. The move by the Rivian board...

WASHINGTON (Reuters) -U.S. Transportation Secretary Sean Duffy warned Friday he could force airlines to cut up to 20% of flights if the government shutdown did not end, as U.S. airlines on Friday scrambled to make unprecedented government-imposed reductions. The Federal Aviation Administration instructed airlines to cut 4% of flights on Friday at 40 major airports because of the government shutdown....

WASHINGTON (Reuters) -U.S. Transportation Secretary Sean Duffy warned Friday he could force airlines to cut up to 20% of flights if the government shutdown did not end, as U.S. airlines on Friday scrambled to make unprecedented government-imposed reductions. The Federal Aviation Administration instructed airlines to cut 4% of flights on Friday at 40 major airports because of the government shutdown....