FedEx and Three More Companies That Raised Their Dividends This Week

Text size FedEx is increasing its dividend by 15%. Justin Sullivan/Getty Images FedEx, MGM Growth Properties,…

Jeep Grand Cherokee L arriving in showrooms to expand brand’s reach

A 2021 Jeep Grand Cherokee L scales a rocky hill at Stellantis’ Chelsea Proving Grounds in…

As Europe travel reopens, airlines pounce with new flights

Major airlines are racing to add new trans-Atlantic service now that tourist-reliant countries like Croatia, Greece,…

Self-Driving Cars Are Closer Than You Think. The Stocks to Buy—and Ones to Avoid.

The sprint to develop a self-driving car has turned into a slog, one that leaves drivers…

Hasbro, Mattel monitor China shipping delays as holiday season nears

A shopper wearing a face mask due to the coronavirus disease (COVID-19) pandemic browses toys at…

FAA defends SpaceX despite unauthorized Starship SN8 launch

Starship prototype SN8 flies above Boca Chica, Texas. SpaceX The leader of the Federal Aviation Administration’s…

China’s transportation industry leaders weigh in on Covid-19 impact

Pony.ai self-driving cars run along a road during a trial run on February 1, 2018 in…

Everything investors should know from EV start-up Canoo’s investor day

Canoo electric vehicle Source: Canoo Electric vehicle start-up Canoo on Thursday sought to assure investors that…

Ford says second-quarter earnings will ‘surpass expectations’

Ford CEO Jim Farley at the company’s new Rouge Electric Vehicle Center on May 18, 2021…

Volvo to produce new Polestar 3 electric SUV in South Carolina

Polestar released this teaser image on June 16, 2021 of its upcoming Polestar 3 EV SUV,…

KLM to resume 95% of routes in 2021 amid international travel recovery

Dutch airline KLM said it intends to reinstate almost all of its international routes this year…

Ford’s luxury Lincoln brand aims for half of sales to be EVs by 2026

An electrified logo from Ford’s luxury Lincoln brand, which is accelerating its EV plans through 2030.…

GM ups spending on EVs and autonomous vehicles to $35 billion by 2025

DETROIT — General Motors said Wednesday it will increase spending on electric and autonomous vehicles to…

GM expects inflation, semiconductor shortage to add $3 billion in extra costs in second half

Brand new Chevrolet cars are displayed on the sales lot at Stewart Chevrolet on May 14,…

GM CEO Mary Barra says company is worth more keeping EV battery unit in house

General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at…

GM partnering with Wabtec on electric freight locomotives

Wabtec Corp. says its FLXdrive is the world’s first 100% battery-powered, heavy-haul freight locomotive. Wabtec General…

Airbus hints at freighter version of A350 to tap into hot cargo market

A worker checks cargo in the hold of a Boeing Co 777-300ER passenger plane, operated by…

GM-backed Cruise secures $5 billion credit for self-driving robotaxis

Cruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit…

Southwest Airlines cancels 500 flights after second technology issue in two days

Southwest Airlines Boeing 737-7H4 takes off from Hollywood Burbank Airport on September 16, 2020 in Burbank,…

Lordstown Motors shares soar after new chairwoman says production plans remain on track

The Lordstown Motors Corp. Endurance electric pickup truck sits on stage during an unveiling event in…

Price outweighs pandemic fears as Americans look to book travel again

Fifty-six percent of travelers told Discover they’ll use contactless payment methods more often while on trips…

Ford begins shipping Bronco SUVs for consumers

Bronco SUVs in production at Ford’s Michigan Assembly plant, June 14, 2021. Michael Wayland | CNBC…

Rocket Lab wins NASA contract for Mars ESCAPADE spacecraft

A conceptual rendering of the two ESCAPADE spacecraft in orbit around Mars. Rocket Lab Rocket Lab,…

Hydrogen planes, electric propulsion: Aviation is changing 

A commercial plane takes off after sunset from Geneva Airport, Switzerland. FABRICE COFFRINI | AFP |…

Jaguar Land Rover is developing a hydrogen-powered vehicle

A Land Rover Defender sits on display on the opening day of the IAA Frankfurt Motor…

Space Force clears SpaceX to reuse rockets for military missions

A composite image showing a Falcon 9 rocket booster lifting off and a few minutes later…

SpaceX president Gwynne Shotwell 2021 commencement address

“Hey, Class of 2021, I’m incredibly proud to be your commencement speaker. Thank you, Morty [Schapiro]…

Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC

Professional short-sellers have changed their ways this year. They have limited their exposure to risk after…

Airport screenings top 2 million a day for first time in pandemic

Amid a busy getaway travel day for the Memorial Day weekend and the first holiday since…

GE, Safran working on clean energy aircraft engines that could work with hybrid technology, hydrogen

A CFM56-7B aircraft engine from a Boeing 737 stands on assembly stands in a maintenance hangar…