2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in costs during the third quarter due to inflation and supply chain ...
Tag: Breaking News: Business
FAA rejects proposal to halve pilots’ flight-time requirement amid shortage
A Republic Airways plane approaches the runway at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, on April 2, 2022. Daniel Slim | AFP | Getty Images The Federal Aviation Admini...
‘The Woman King’ poised for big box office after strong opening weekend
Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — an...
How Jared Isaacman uses fighter jets in training
Astronauts love fighter jets, and billionaire founder Jared Isaacman is no different. Isaacman, who founded payments company Shift4, is deep into training with his team for the first spaceflight of th...
Hilton partners with Voyager Starlab to design astronaut suites
Concept art of a “Starlab” space station Nanoracks PARIS — Hotel giant Hilton has signed on to design astronaut facilities for the private space station Starlab currently under development...
Bitcoin drops 5% to its lowest level in 3 months as risk assets continue to get crushed
Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchai...
Intuitive Machines going public via SPAC at near $1 billion valuation
The Nova-C lunar lander seen on April 26, 2022 during assembly for the IM-1 mission. Intuitive Machines PARIS — Lunar-focused space company Intuitive Machines announced Friday it will go public via a ...
Heathrow alters 15% of Monday flights for Queen Elizabeth II’s funeral
British Airways Airbus A319 aircraft takes off from Heathrow Airport in London, Britain, May 17, 2021. John Sibley | Reuters London’s Heathrow Airport will change about 15% of its Monday flight...
FedEx (FDX) earnings Q1 2023 miss estimates
FedEx on Thursday withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments. “Global volumes declined as mac...
‘Star Wars’ spinoff ‘Rogue Squadron’ off calendar as Disney shores up film slate
Patty Jenkins attends TNT’s “I Am The Night” FYC Event on May 9, 2019 in North Hollywood, California. Emma McIntyre | Getty Images Questions about the fate of Patty Jenkins’ &#...
Frontier Airlines recently held talks with SpaceX about adding Starlink Wi-Fi
A Frontier Airlines airplane taxis to a gate at Denver International Airport in Denver, Colorado, U.S., on Monday, Feb. 7, 2022. Michael Ciaglo | Bloomberg | Getty Images Frontier Airlines “rece...
Roger Federer, Swiss tennis great, announces he’s leaving the sport
Roger Federer of Switzerland waves to the crowd after victory in his Gentlemen’s Singles Fourth Round match against Roberto Bautista Agut of Spain during day seven of the Wimbledon Lawn Tennis C...
Walmart unveils virtual fitting room to push shoppers to buy more clothes
Walmart is rolling out its latest version of virtual try-on, which allows shoppers to upload an image of themselves and see how items would look. Walmart As some shoppers reduce their spending on clot...
Gas-powered muscle car to take on electric rivals
2024 Ford Mustang Source: Ford DETROIT — Ford Motor has always considered the Mustang to be in a league of its own. That may soon prove true, with the seventh generation of the famed American pony car...
United Airlines partners with one-time foe Emirates, will launch Dubai flights
Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021. Aaronp / Bauer-Griffin | GC Images | Getty Images United Airlines and Emirates will sell seat...
Ford asks dealers to invest in EVs as it chases Tesla-like profit
Ford CEO Jim Farley poses next to a model of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, April 26, 2022. Rebecca Cook | Reut...
Cathie Wood’s contrarian deflation call gets endorsements from Elon Musk, Jeffrey Gundlach
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Flo...
Ares Management CEO Michael Arougheti breaks down where to find yield in a world of uncertainty
(Click here to subscribe to the Delivering Alpha newsletter.) Inflation, a hawkish Fed, fears of a recession have all made 2022 a tough environment for investing. A traditional portfolio of stocks an...
SpaceX Starship has potential but not ready yet
Starship prototype #24 conducts a test firing of six of its Raptor engines at the company’s facility near Brownsville, Texas on Sept. 8, 2022. SpaceX PARIS — The leader of a Northrop Grumman sub...
Chrysler to end 300 sedan line after limited edition V-8 model rollout
2023 Chrysler 300C sedan Chrysler DETROIT — Chrysler will bid farewell to its once-prominent 300 sedan by resurrecting a limited edition performance version of the car for its last year of production....
Warner Bros. Discovery CFO calls company’s HBO Max and Discovery+ ‘underpriced,’ suggesting price hikes may be coming
‘House of the Dragon’ series logo displayed on a phone screen and HBO Max website are seen in this illustration photo taken on August 16, 2022. Jakub Porzycki | Nurphoto | Getty Images Str...
Boeing aircraft deliveries rose to 35 in August as Dreamliners returned
The Lufthansa Boeing 787-9 aircraft stands on its parking position at Frankfurt Airport, with another Lufthansa aircraft in the background. The first Boeing 787-9 jet landed at its new home base in Fr...
Harlem Globetrotters return to TV for first time in 40 years
SYDNEY, AUSTRALIA – JULY 03: Bounce Moody scores a slam-dunk during the Harlem Globetrotters Spread Game Tour at Qudos Bank Arena on July 03, 2022 in Sydney, Australia. (Photo by Nathan Hopkins/...
SES CEO on satellite broadband company’s difference from SpaceX’s Starlink
PARIS — European satellite broadband operator SES wants to distinguish its services from the likes of industry challengers in SpaceX’s Starlink and Amazon’s Kuiper, as the company looks to...
Peloton co-founders John Foley and Hisao Kushi are leaving the company
Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCar...
Holiday airfare will be most expensive in 5 years as pandemic fears wane
Los Angeles, CA – November 23: An air travel passenger is hugged while being picked up amid a long line of travelers awaiting rides after arriving at Los Angeles International Airport terminal 1...
Starbucks to unveil ‘reinvention’ strategy at investor day on Tuesday
CEO of Starbucks Howard Schultz in New York City. Steven Ferdman | Getty Images Starbucks is expected to unveil a reinvention plan Tuesday as the coffee giant grapples with changing consumer behavior,...