The company’s Electron rocket carrying the CAPSTONE mission lifts off from New Zealand on June 28, 2022. Rocket Lab The second quarter was a mixed bag for space companies, with some firms postin...
Tag: Transportation
Democrats want probe of airline Covid bailouts over staff buyouts
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images Two House Democrats have asked a Treasury Departme...
Airlines’ chaotic summer is over. These 5 charts show how it went
Travelers make their way through Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Get...
NASA repairing hydrogen leak to launch Artemis 1 mission in late Sept
NASA’s Artemis I rocket sits on launch pad 39-B at Kennedy Space Center on September 02, 2022 in Cape Canaveral, Florida. Kevin Dietsch | Getty Images NASA said Thursday that it is working to fi...
Mercedes-Benz, Rivian partner on EV commercial vans in Europe
Production of electric Amazon delivery vans on April 11, 2022 at Rivian’s plant in Normal, Ill. Michael Wayland / CNBC Mercedes-Benz and Rivian said Thursday they are planning a joint venture to...
Jeep announces all-electric Wrangler-inspired SUV, new EVs by 2025
Electric Jeep Recon SUV Jeep DETROIT – Jeep plans to launch four new all-electric SUVs in North America by 2025, including a luxury Grand Wagoneer and a Wrangler-inspired off-road vehicle called the R...
United Airlines raises bet on electric air taxis with 200 aircraft from upstart Eve
United Airlines ordered 200 Eve Evtol aircraft. Source: United Airlines United Airlines is pouring more money into the future of electric air taxis, which the carrier says could help reduce carbon emi...
Harbinger EV startup medium trucks NAIAS 2022
Harbinger EV truck Jack Schroeder | Harbinger A new Los Angeles-based electric vehicle startup founded by veterans of Canoo and QuantumScape said Wednesday it’s preparing to shake up the medium-...
Nio reports wider second-quarter loss despite increase in EV shipments
Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio had a loss of $409...
12 semiconductor stocks bucking the downcycle trend
Semiconductor stocks have been great outperformers over long periods, but their movement this year underscores how cyclical the industry can be. Here is a look behind the numbers that are driving down...
Volkswagen and Porsche Take a Huge Risk With a Big Bet
Nothing stops Volkswagen (VLKAF) . Not Russia’s energy war on the European Union. Moscow has decided to cut gas supplies to Europe before the cold autumn and winter months because of the countr...
Labor Day air travel clears 2019 levels as airlines cap a rocky summer
Reagan National Airport near Washington D.C. Leslie Josephs | CNBC The rocky summer travel season ended on a high note during Labor Day weekend with a surge in air travelers and relatively smooth oper...
Ford and Rivian Recall Some EVs
Text size Rivian and Ford have recalled some of their EVs including the R1S, R1T and Mustang Mach Es. Courtesy of Rivian Ford Motor and Rivian Automotive recalled some electric vehicles. EV recalls ar...
GM offers to buy out Buick dealers that don’t want to invest in EVs
Billboards at the Ziegler Cadillac, Buick and GMC Dealership in Lincolnwood, Illinois, the United States. U.S. General Motors Co. Joel Lerner | Xinhua News Agency | Getty Images DETROIT – General Moto...
Ford’s new vehicle sales slow in August, in line with expectations
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Friday said its U.S. sales last month increased double-digits from a year earlier but were off about 4% from the prior month, as the company and a...
GM’s Cruise recalls and updates self-driving software following crash
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images General Motors’ autonomous vehicle unit Cruise has recalled and updated s...
Nio August EV deliveries grow while Xpeng, Li Auto fall; shares drop
Nio managed to grow deliveries of its electric vehicles in August versus July. However, rivals Li Auto and Xpeng saw a sharp fall in deliveries. EV players continue to face supply chain disruptions fo...
Lucid, SoFi, and 3 Other SPAC Stocks Whose Downturns Might Be Ending
Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Former NASA administrator Jim Bridenstine joins Phase Four board
Jim Bridenstine, administrator of the National Aeronautics and Space Administration, speaks during a Senate hearing on Sept. 30, 2020. Bloomberg | Bloomberg | Getty Images Former NASA Administrator Ji...
SpaceX wins $1.4 billion NASA contract for 5 more astronaut missions
The SpaceX Falcon 9 rocket, carrying astronauts Doug Hurley and Bob Behnken in the Crew Dragon capsule, lifts off from Kennedy Space Center, Fla., on Saturday, May 30, 2020. The SpaceX Demo-2 mission ...
Foreign Immigration Could Relieve U.S. Trucker Shortage
The U.S. needs more trucks like this on the road – but there are not enough drivers. getty As the saying goes, “Houston, we have a problem.” That is to say, we have an acute shortage of truck dr...
Opinion: Don’t forget that the big money in stocks is usually made during down markets
The VanEck Semiconductors ETF SMH, -0.90% is down 12%. The Nasdaq Composite Index COMP, -0.29% is down 9%, and the S&P 500 SPX, -0.47%, the Dow Jones Industrial Average DJIA, -0.58% and the Russel...
Autonomous delivery company Gatik wins new pilot program with Pitney Bowes in Dallas
Gatik’s class 6 box truck is deployed for Pitney Bowes Source: Gatik Logistics company Pitney Bowes will begin testing automated short-haul delivery trucks from startup Gatik under a new pilot p...
I shared expenses 50/50 with a friend on vacation. She wants me to split the cost of her credit card’s foreign-transaction fees. Is that sharp practice?
Dear Quentin, I recently took a trip to another country with a friend. We agreed to share expenses. When they presented their list of expenses, they included a foreign transaction fee charged by the c...
UiPath Stock Sinks on Cut to Fiscal-Year Revenue Forecast
Text size UiPath, the robotic-process automation software company, cut its revenue outlook for the fiscal year. Courtesy UiPath UiPath stock was sinking Wednesday after the robotic-process automation ...