Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – A defective battery that ...
Tag: Transportation
FAA wants to fine SpaceX over failure to submit launch data
A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX The Federal Aviation Administration seeks a $175,000 fine against Elon Musk’s SpaceX, alleging the co...
Tesla, Toyota lead Consumer Reports top auto picks
A Toyota RAV4 Prime electric car is recharged October 3, 2022 at a charging station at the town hall in Charlotte, Vermont. Robert Nickelsberg | Getty Images After years of being touted as a smarter o...
Want to play the lottery? These are the most speculative stocks of the year, by one measure
It’s 13-F season, which means the world gets to find out most of what the world’s top fund managers have been up, on a tape-delay basis. The likes of Warren Buffett and Carl Icahn it is fair to say ar...
Ford F-150 Lightning EV production halted until end of next week
Ford CEO Jim Farley pats a Ford F-150 Lightning truck before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, a China-based c...
FAA tells Senate it will avoid repeat of NOTAM outage
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...
Tesla commits to open 7,500 chargers in the U.S. to other EVs
The Biden administration wants to see at least 500,000 electric vehicle chargers on U.S. roads by 2030, and announced a slate of initiatives on Wednesday to help make that a reality, including commitm...
Ford halts F-150 Lightning production due to possible battery issue
Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – Ford Motor has paused pro...
Boeing January plane orders and deliveries slip
A Boeing 737 MAX 10 airliner pauses while taxiing on the flight line before its first flight at Renton Municipal Airport on June 18, 2021 in Renton, Washington. Stephen Brashear | Getty Images Boeing&...
Elon Musk, Scott Kelly debate use of Starlink in Ukraine
Ukrainian forces set up Starlink satellite receivers to provide connection for civilians at Independence Square after the withdrawal of the Russian army from Kherson to the eastern bank of Dnieper Riv...
Berkshire Hathaway’s Buy in Truck-Stop Operator Pays Off
Berkshire Hathaway investors may soon get a read on one of the company’s better deals in the past decade—a 2017 purchase for nearly $3 billion of a 38.6% interest in Pilot Flying J, the country’s lead...
Ford sets EV battery factory plan with China’s CATL
DETROIT – Ford Motor said Monday it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite tensions between the U.S. and China. The ant...
Lidar makers Ouster, Velodyne complete merger
The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Tay...
Ram EV pickup debuts in Super Bowl ad spoofing sex drugs ads
Ram’s 2023 Super Bowl ad debuts the production version of the Ram 1500 REV electric pickup that is expected to go on sale late-next year. Screenshot DETROIT – Stellantis will air a 60-second Sup...
Berkshire Hathaway’s 4Q Equity Buys and Sales to Be Disclosed in Filing Tuesday
What were Warren Buffett and his colleagues at Berkshire Hathaway up to with their $350 billion equity portfolio last quarter? Investors will find out very soon. A regulatory filing expected Tuesday s...
Astronaut Sen. Mark Kelly praises ‘stunning’ space business
Arizona Sen. Mark Kelly speaks at the annual Commercial Space Transportation conference on Feb. 9, 2023. Michael Sheetz | CNBC Arizona Sen. Mark Kelly, who flew to space four times over a 15-year care...
Lyft stock melts down after earnings ‘debacle for the ages’
Lyft Inc. isn’t getting too many stars for its latest earnings report, which is helping to send shares down more than 30% Friday morning as numerous bulls head for the hills and fret about the company...
GM, Jeep and Kia among only automaker advertisers
Automakers – historically among the largest Super Bowl advertisers – are mostly bypassing this Sunday’s NFL championship game to preserve cash or spend ad dollars elsewhere. The only automakers ...
These 20 AI stocks are expected by analysts to rise up to 85% over the next year
There are always fads in the stock market, but now we are in the midst of what could turn out to be a revolutionary trend that will last much longer than any fad — artificial intelligence. In the Need...
Elderly man fought Chase bank for years to recover stolen funds before his death
In the spring of 2020, James Vesey worked at a U.S. Postal Service building in midtown Manhattan, sorting mail and unloading trucks. With stringent security protocols in place at the federal facility,...
Jeep Wrangler SUV at $115,000 is most expensive ever
Rubicon 20th Anniversary Level II by American Expedition Vehicles (AEV) upfit for 2023 Jeep Wrangler Rubicon 392 Jeep CHICAGO – Jeep on Thursday revealed its most expensive Wrangler SUV ever, topping ...
SpaceX test fires Starship booster
SpaceX test fires engines in the towering rocket booster of its Starship prototype on February 9, 2023. Source: SpaceX SpaceX on Thursday test fired 31 of the 33 engines in the towering rocket booster...
General Motors, GlobalFoundries strike semiconductor deal
The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images General Motors has signed ...
Airlines, rocket launches compete for airspace as FAA manages demand
The SpaceX launch pad is seen from the window of Air Force One at Kennedy Space Center, Wednesday, May 27, 2020, in Cape Canaveral, Fla. Evan Vucci | AP WASHINGTON — Space companies are launching more...
Lucid offers EV price cuts on some Air luxury sedans
Lucid Air Courtesy: Lucid Motors Lucid Group said Thursday that buyers of certain versions of its pricey Air electric luxury sedan will be eligible for a $7,500 “credit.” But that credit w...
Southwest faces Senate hearing over holiday travel chaos
Passengers check in for a Southwest Airlines Co. flight inside Terminal 1 at Los Angeles International Airport (LAX) in Los Angeles, California, on August 10, 2022. Patrick T. Fallon | AFP | Getty Ima...
Southwest Senate testimony on holiday meltdown to tout fixes
A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022. Kamil Krzaczynski | AFP | Getty Images Southwest Airlines plans to apologiz...
Only 13 companies have issued upbeat profit forecasts for Q1, but earnings are due from this pessimism-resistant industry
A tough fourth quarter for corporate earnings is largely in the past, and the first quarter isn’t exactly looking great either, but upcoming results this week from the one industry spared by the pande...