NASA’s next-generation moon rocket, the Space Launch System (SLS) rocket with its Orion crew capsule perched on top, as it stands on launch pad 39B in preparation for the unmanned Artemis 1 mission at...
Tag: Transportation
ChargePoint Earnings Are Today. What to Expect.
Text size ChargePoint has grown sales faster than it expected. Bing Guan/Bloomberg ChargePoint has had a flurry of good news. That raises the bar for the electric-vehicle charging company’s quarterly ...
Royal Caribbean partners with SpaceX’s Starlink for onboard internet
Royal Caribbean International’s Anthem of the Seas cruise ship calls at Greenock port on July 22, 2021 in Greenock, Scotland. Jeff J Mitchell | Getty Images Royal Caribbean Cruises will begin of...
Lucid and Nikola file to raise additional cash
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle makers Lucid Group and N...
NASA postpones Artemis 1 rocket launch due to issues during countdown
CAPE CANAVERAL, Florida – NASA postponed its Artemis I launch Monday after issues emerged during countdown, delaying the debut of its towering rocket and its long-awaited mission to the moon. The agen...
Honda, LG Energy Solution to build $4.4 billion battery plant in U.S.
An employee inspects the door of a 2018 Honda Accord vehicle during production at the Honda of America Manufacturing Inc. Marysville Auto Plant in Marysville, Ohio, on Thursday, Dec. 21, 2017. Ty Wrig...
FedEx Sues Ground Contractor, Cancels His Routes
FedEx sued one of its largest delivery contractors in the U.S. and canceled his routes, saying the businessman has orchestrated a campaign to promote his own consulting firm by disparaging the deliver...
What you should know about SLS, Orion
NASA plans to launch the Artemis I mission on Monday from Kennedy Space Center in Florida, sending the Space Launch System (SLS) rocket and Orion capsule on a more than month-long journey around the m...
California bans the sale of new gas-powered cars by 2035
A charging port on a 2022 Lincoln Corsair Grand Touring plug-in hybrid vehicle during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, Nov. 18, 2021. Bing Guan | Bloomber...
Sky-high rents hit the aircraft market as Boeing jets top $300,000 a month
An Airbus A321 is being assembled in the final assembly line hangar at the Airbus U.S. Manufacturing Facility in Mobile, Alabama. Michael Spooneybarger | Reuters Passengers aren’t the only ones ...
Bugatti Rimac CEO says no signs of a slowdown from super-rich car buyers
Ultra-wealthy buyers of supercars show no signs of slowing their spending despite recession fears, according to the CEO of Bugatti Rimac. Mate Rimac said demand for the company’s all-electric Ri...
Brink’s driver was asleep during California jewelry heist, lawsuit claims
LOS ANGELES — One of the drivers of a Brink’s tractor-trailer was asleep inside the big rig, parked near a remote Southern California rest stop earlier this summer, when thieves broke a lock and stole...
Bill Ackman says fast-food chains are an inflationary shield. Here’s two he likes, and one he just sold.
A cautious session is ahead for Tuesday, following the worst smackdown since June for major indexes. That’s as an increasing number of investors see the Fed pivoting from rate hikes to be a tall order...
A Risky $3.3 Billion Bet on the Fall of Tesla and Elon Musk
Elon Musk does not like investors and financiers to bet on Tesla’s stock-market collapse. Last May, the richest man in the world attacked Bill Gates, who formerly was the richest man in the wo...
Twelve makes jet fuel from CO2; signs deal with Microsoft, Alaska Air
Sustainable aviation fuel, commonly called SAF, has so far been expensive to produce, but new startups are now creating clean fuels out of carbon at a much cheaper cost. Now, new tax credits for clean...
Ford to eliminate 3,000 jobs in an effort to cut costs
Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor is cutting about 3,000 jobs from its global workforce, as the automaker attempts to lower costs as part of r...
Classic car auctions in Monterey score a record $469 million
Wealthy car collectors shrugged off recession worries and spent over $460 million at classic car auctions in Monterey this weekend, according to insurance and lifestyle company Hagerty. Over 790 cars ...
Buy Tesla Stock Because It’s ‘Christmas in August’
Text size A Tesla, Inc. electric vehicle departs after charging at supercharger location in Hawthorne, California Patrick T. Fallon/AFP via Getty Images A Tesla bull is a little more bullish after the...
Once offering the worst return on Wall Street, cash is now looking like the best asset to own, says Morgan Stanley
Stock sellers are ready to pick up where they left off on Friday, as the market appears to be is waking up from its August slumber with a vengeance. As Goldman Sach’s chief U.S. equity strategist Davi...
Ford Dealt a Huge Blow
The announcement no doubt resonated strongly on all floors at Ford’s (F) headquarters in Dearborn, Mich. This unexpected news has certainly taken CEO Jim Farley and his team by surprise as the...
Gasoline Prices Are Down, But There’s a Big Threat Looming
Gasoline prices fell again on Aug. 19 with the national average declining to $3.89 a gallon as crude oil prices inched slightly higher to $91.56 a barrel. The most common price is $3.49 a gallon, Pat...
Tesla Rival Fights to Survive
An electric vehicle startup whose design has drawn comparisons with the Batmobile is on the ropes, and it’s not the first time. Faraday Future Intelligent (FFIE) has already had several lives ...
5 most expensive cars up for sale at Pebble Beach
1958 Maserati Source: Motorcar Studios ©2022 Courtesy of RM Sotheby’s Classic cars up for auction in Monterey, California, this week are expected to shatter records. Auction sales at the Montere...
Take a look at Ford’s futuristic vision for its luxury Lincoln brand
Lincoln Model L100 Concept Lincoln Ford Motor on Thursday unveiled a sleek, futuristic concept car to showcase the company’s vision for its Lincoln luxury brand. The Model L100 concept pays homa...
Chip stocks tanked as pandemic demand for electronics slumped, but there are still some winners
After two years of unprecedented chip sales and demand related to the COVID-19 pandemic, a long-feared reversal has struck the semiconductor industry, but some markets are still performing strongly — ...
Airline unions urge carriers not to resume buybacks when bailout ban ends this fall
A United Airlines flight crew walks through the terminal at San Francisco International Airport on April 12, 2020 in San Francisco, California. Justin Sullivan | Getty Images The largest U.S. airlines...
These dividend stocks can protect you as the Federal Reserve slows the economy
With Federal Reserve Chairman Jerome Powell set to deliver an important speech Friday, investors may finally begin to take him at his word: The central bank is going to maintain a hawkish stance to co...