A Southwest Airlines aircraft taxis as an American Airlines aircraft lands at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. Joshua Roberts | Reuters U.S. airline bookings dro...
Tag: Transportation
Lordstown Motors factory sale to Foxconn closes
Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors’ assembly plant in Ohio. Michael Wayland / CNBC Embattled electr...
Rivian (RIVN) Q1 2022 earnings
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive on Wednesday maintained i...
Toyota warns raw materials costs could cut profits by 20%
Toyota 2023 Sequoia on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor on Wednesday warned investors that “unprecedented” increases in materials and logis...
GM’s new Cadillac Escalade is the most expensive, powerful yet at $150,000
2023 Cadillac Escalade V-Series Cadillac DETROIT — General Motors’ newest Cadillac Escalade will be the most powerful and expensive version of the full-size SUV ever when it goes on sale this su...
Southwest upgrading planes with faster Wi-Fi, bigger overhead bins
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines said it will spend more than $2 billion on improved passenger amenities like bigger overhead bins, faster internet and power outlets ...
Travelers’ airline satisfaction is down as planes fill up and fares rise: J.D. Power survey
Travelers wait in line at Newark Liberty International Airport (EWR) in Newark, New Jersey, on Monday, Jan. 3, 2022. Christopher Occhicone | Bloomberg | Getty Images Packed planes and more expensive t...
How electric pickups stack up in price, range
SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has electric motors and a battery pack instead of an engine, but...
Ken Griffin wins $8 million Bezos spaceflight auction, donating seats
Ken Griffin, Founder and CEO, Citadel (L) and Blue Origin New Shepard rocket lifts off (R) Reuters Ken Griffin, billionaire founder and CEO of hedge fund Citadel, placed the winning $8 million bid in ...
Boeing aircraft orders, deliveries slipped in April
A Boeing 737 MAX 9 is pictured outside the factory in Renton, Washington. Stephen Brashear | Getty Images Boeing‘s aircraft deliveries fell last month as handovers of its 787 Dreamliner planes r...
Emirates CEO defends continued Russia flights, says no ban from UAE
Emirates Airline has defended its decision to continue its flights to Russia even as other international carriers have halted service, saying that people and government decisions should not be conflat...
Virgin Orbit assembling fleet of 747 jets to launch more rockets
The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit Virgin Orbit is assembling a fle...
Rivian (RIVN) Q1 2022 earnings preview
Rivian CEO RJ Scaringe inside the company’s customer experience center outside of its plant on Aptil 11, 2022 in Normal, Ill. Michael Wayland / CNBC Electric-vehicle maker Rivian Automotive will...
Lordstown Motors RIDE Q1 2022 earnings loss Foxconn
The Lordstown Motors Corp. Endurance electric pickup truck sits on stage during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Stru...
Rivian stock plummets as Ford sells shares of EV start-up
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive opened Monday at a new low following a...
Disney, Occidental, Rivian, Palantir, BioNTech, and Other Stocks to Watch This Week
Text size We’re past the peak of first-quarter earnings season, but with several notable companies still left to report next week. The economic-data highlights of the week will be a pair of inflation ...
Lucid Makes a Bold Decision to Solve A Big Problem
Lucid Group (LCID) – Get Lucid Group, Inc. Report tries to send positive signals. The electric vehicle manufacturer, whose main shareholder is Saudi Arabia’s sovereign wealth fund Public...
Disney, Occidental, Rivian, Palantir, BioNTech, and Other Stocks for Investors to Watch This Week
Text size We’re past the peak of first-quarter earnings season, but with several notable companies still left to report next week. The economic-data highlights of the week will be a pair of inflation ...
Best Transportation ETFs for Q3 2022
Transportation exchange-traded funds (ETFs) give investors exposure to a basket of stocks belonging to a broad range of companies in the transportation sector. The sector is composed of companies that...
Used-car prices are down from record highs, easing the impact of inflation
A sign advertises cash paid for used cars in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images DETROIT – Wholesale used-vehicle prices have notably fallen from a record ...
SpaceX NASA Crew-3 mission, 6th astronaut flight, splashes down
SpaceX’s Crew Dragon capsule Endurance splashes down in the Gulf of Mexico off the coast of Tampa, Florida on May 6, 2022. NASA TV SpaceX returned the astronauts of NASA’s Crew-3 mission t...
Uber Stock Is Rolling Over. Is It a Buy Now?
Uber (UBER) – Get Uber Technologies, Inc. Report stock was hit hard on Wednesday, driven partly by the action in ride-sharing rival Lyft (LYFT) – Get Lyft, Inc. Class A Report. In the fa...
JetBlue Airways at a crossroads after Spirit rejects its takeover offer
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty...
Lucid (LCID) earnings Q1 2022
CEO Peter Rawlinson poses at the Lucid Motors plant in Casa Grande, Arizona, U.S. September 28, 2021. Caitlin O’Hara | Reuters Electric luxury vehicle maker Lucid Group said Thursday it now has ...
Virgin Galactic Stock Is Tumbling. Here’s What’s Troubling Analysts.
Text size Truist Securities downgraded Virgin Galactic stock to Hold from Buy. Courtesy Virgin Galactic Virgin Galactic Holdings Virgin Galactic Holdings stock continues to slide on Monday after Truis...