Sopa Images | Lightrocket | Getty Images WASHINGTON — SpaceX plans to begin testing its Starlink satellite-to-cell service with T-Mobile this year, an executive of Elon Musk’s company said on Mo...
Tag: Transportation
Biden administration urges Congress to ban airline family-seating fees
Passengers wearing protective masks are seen aboard before a JetBlue flight to London at JFK International Airport in the Queens borough of New York City, August 11, 2021. Jeenah Moon | Reuters The Bi...
Rivian wants out of Amazon exclusive agreement for EV delivery trucks
One of Amazons new electric delivery vans from Rivian gets ready to leave the Amazon Distribution Facility on Cyber Monday on November 28, 2022 in Aurora, Colorado. Rj Sangosti | Denver Post | Getty I...
Meet K2 Space, a spacecraft startup leveraging SpaceX Starship
Cofounders and brothers Karan Kunjur, left, and Neel Kunjur. K2 Space A pair of brothers is aiming to challenge the way spacecraft are built, by going against the industry trend and designing massive ...
Astra investigates ‘potential illegal short selling’ as delisting deadline looms
Astra CEO Chris Kemp speaks inside the company’s headquarters during the company’s “Spacetech Day” on May 12, 2022. Brady Kenniston / Astra Spacecraft engine manufacturer and s...
Biden proposed FAA budget for 2024 increases funding
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Ima...
Biden’s proposed NASA budget for 2024 increases funds to $27.2 billion
Vice President Kamala Harris meets with NASA astronauts Shannon Walker and Joe Acaba at Kennedy Space Center in Florida during a tour on Aug. 29, 2022. Bill Ingalls / NASA President Joe Biden is seeki...
GM offers buyouts to ‘majority’ of U.S. salaried workers
Mary Barra, CEO of General Motors at the NYSE, November 17, 2022. Source: NYSE DETROIT – General Motors will offer voluntary buyouts to a “majority” of its U.S. white-collar employees, as ...
Norfolk Southern CEO Alan Shaw to testify before Senate panel
Norfolk Southern CEO Alan Shaw will tell a U.S. Senate panel Thursday how he plans to “make it right” after one of the company’s trains derailed in East Palestine, Ohio, last month. ...
Relativity first 3D-printed Terran 1 rocket launch
[The company’s livestream is slated to begin at noon ET. Please refresh the page if you do not see the video player above.] 3D-printing specialist Relativity Space is attempting its first rocket...
American Airlines CEO tells pilots pay will match Delta’s
FILE – American Airlines President Robert Isom speaks at a news conference about the company’s new partnership with Alaska Airlines, Thursday, Feb. 13, 2020, in Seattle. American Airlines ...
NTSB opens special probe into Norfolk Southern safety practices
General view of the site of the derailment of a train carrying hazardous waste, in East Palestine, Ohio, U.S., March 2, 2023. Alan Freed | Reuters The National Transportation Safety Board on Tuesday ...
After weathering pandemic storm, cruise-line stocks offer upside, says Stifel
Like the rest of the travel industry, cruise operators have weathered a pandemic-related storm over the last couple of years, but they now deserve attention from investors, says analyst firm Stifel. “...
DOJ sues JetBlue over Spirit takeover
A JetBlue Airways Airbus A320, left, passes a Spirit Airlines Airbus A320 as it taxis on the runway, Thursday, July 7, 2022, at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, ...
Used vehicle prices rising at an unseasonably strong rate
A used car dealership is seen in Annapolis, Maryland on May 27, 2021, as many car dealerships across the country are running low on new vehicles as a computer chip shortage has caused production at ma...
Rivian to raise $1.3 billion amid EV demand concerns
The Rivian name is shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Rivian Automotive plans to raise $1.3 billion in cash via a sale of conve...
Slowing losses, new military contract
BlackSky at New York Stock Exchange, September 13, 2021. Source: NYSE Satellite imagery specialist BlackSky announced fourth-quarter results on Tuesday that show the company further trimming losses an...
Norfolk Southern adjusts train safety after third derailment
This photo taken with a drone shows the continuing cleanup of portions of a Norfolk Southern freight train that derailed Friday night in East Palestine, Ohio, Thursday, Feb. 9, 2023. Gene J. Puskar | ...
Lordstown Motors (RIDE) Q4 2022 results, EV deliveries, cash
Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Lordstown Motors said Monday that it still had more than $220...
Ford’s February auto sales jump 22% from subdued 2022 results
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Mi...
SpaceX launches NASA Crew-6 mission
A long-exposure photograph shows SpaceX’s Falcon 9 rocket carrying the Crew-6 mission in the company’s Joel Kowsky / NASA SpaceX launched four people to the International Space Station fro...
Polestar (PSNY) Q4 earnings: EV production ramps up
Polestar 3 Courtesy: Polestar Swedish electric vehicle maker Polestar cut its annual net losses in half last year, while revenue surged and it attempted to set itself apart from other EV startups. The...
Airlines Rally Has Hit Turbulence. But United, Delta, Others Should Fly Higher.
The U.S. airline sector took off at the start of 2023 but the rally has encountered some turbulence in recent weeks ahead of a crucial few months for the industry. The sector’s big gains this year pro...
Delta pilots wrap voting on new contract with big raises
A pilot walks past the windows at the newly renovated Delta terminal D at LaGuardia Airport in New York March 6, 2021. Timothy A. Clary | AFP | Getty Images Delta Air Lines pilots on Wednesday will wr...
Aston Martin shares surge on profitability forecast for 2023
The exterior of an Aston Martin store. Jeremy Moeller | Getty Images News | Getty Images LONDON — British luxury carmaker Aston Martin Lagonda forecasts better profitability this year, after widening ...
Rivian (RIVN) earnings Q4 2022
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle startup Rivian Automo...
Rocket Lab (RKLB) Q4 2022 earnings
Electron rockets undergo preparation for launch. Rocket Lab Rocket Lab said Tuesday it has doubled its order backlog — from about $241 million in contracts at the end of 2021 to $503.6 million at the ...
Norwegian Cruise Line shares fall after Q4 earnings report
A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Norwegian Cruise ...
Virgin Galactic (SPCE) Q4 2022 earnings, spaceflights update
An aerial view of carrier aircraft VMS Eve, left, and spacecraft VSS Unity, at Spaceport America in New Mexico on Feb. 27, 2023. Virgin Galactic Virgin Galactic said on Tuesday it remains on track to ...
20 banks that are sitting on huge potential securities losses—as was SVB
Silicon Valley Bank has failed following a run on deposits, after its parent company’s share price crashed a record 60% on Thursday. Trading of SVB Financial Group’s SIVB, -60.41% stock was halted ear...