2023 Alfa Romeo Tonale Alfa Romeo Italian auto brand Alfa Romeo is bringing NFTs, which recently rose to popularity in digital art, to its new Tonale SUV, the company said Tuesday for the vehicle̵...
Tag: Transportation
Here’s what the Spirit and Frontier airlines merger means for travelers
Spirit Airlines and Frontier Airlines expanded aggressively over the last decade offering travelers no-frills service in exchange for ultra-low airfares. Their executives vow to keep it that way, even...
Watch rocket builder Astra launch first Florida mission for NASA
[The company’s webcast began at 12:00 p.m. ET. Please refresh the page if you do not see the video player above.] Small rocket builder Astra is attempting to launch its first mission from Florid...
Frontier and Spirit to merge creating 5th largest airline in U.S.
Frontier Airlines and Spirit Airlines, the two largest low-cost carriers in the U.S. have agreed to merge, creating what would become the fifth largest airline in the country. The boards of both compa...
Nearly two years into the pandemic, Uber and Lyft still looking for a consistent lane
Nearly two years into the COVID-19 pandemic, the ride-hailing industry is still seeking stability. Uber Technologies Inc. UBER, +7.27% and Lyft Inc. LYFT, +3.63% are scheduled to release fourth-quarte...
Royal Caribbean may finally be confident enough to provide long-term financial guidance
Royal Caribbean Group looks poised to report the first billion-dollar quarter since the pandemic, and may finally be confident enough about the post-pandemic outlook to provide long-term financial tar...
Chip shortage forces Ford to cut production of F-150, Bronco SUV
Bronco SUVs in production at Ford’s Michigan Assembly plant, June 14, 2021. Michael Wayland | CNBC DETROIT – Ford Motor is cutting production next week of several key products due to an ongoing ...
Navitas’ gallium nitride tech could help EVs charge three times faster
A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters Navitas Semicond...
Thiel Capital, Mesa Air invest in electric seaglider startup Regent
(Illustration) REGENT is developing a flying, electric sea glider with a top speed of 180 miles per hour. Courtesy: REGENT Thiel Capital and regional aviation providers Mesa Air Group are investing in...
Volvo Cars, Northvolt to build gigafactory in Gothenburg
A Volvo XC40 Recharge car on display at the 38th Thailand International Motor Expo 2021. Peerapon Boonyakiat /SOPA Images | LightRocket | Getty Images Volvo Cars and Northvolt said Friday they would b...
Bodegas look to zoning to defend against instant delivery rivals
A Gopuff location on the Lower East Side of Manhattan across from Stop 1 Deli. Jan. 12, 2022. Hannah Miao | CNBC Grocery delivery start-up Gopuff last fall moved into the ground-floor retail space of ...
Opinion: Amid a global chip shortage, Intel is making less money — how did that happen?
Intel INTC, -2.48% was the world’s largest chipmaker until 2021, when it was dethroned by Samsung. Though Samsung’s main business is memory chips, which is a different segment of the market to Intel’s...
Southwest will bring booze back on board Feb. 16 after nearly two years
Travelers wait to check in at the Southwest Airlines ticketing counter at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Kevin Dietsch | Getty...
Nissan taps ‘Schitt’s Creek,’ Marvel stars
Nissan is returning to Super Bowl advertising after a seven-year hiatus with an star-studded commercial led by “Schitt’s Creek” actor and co-creator Eugene Levy. Nissan Nissan Motor ...
Ford (F) earnings Q4 2021
Ford Motor Co. signage at the Washington Auto Show in Washington, D.C., Jan. 21, 2022. Al Drago | Bloomberg | Getty Images DETROIT — Ford Motor is announcing fourth-quarter earnings after the markets ...
Online car retailer Vroom goes from dark to Broadway musical in new Super Bowl ad
Online used-car retailer Vroom will advertise during the Super Bowl for a second consecutive year, with the help of “La La Land” dance choreographer Mandy Moore. The 30-second spot called ...
What investors should know ahead of Q4 results
A 2022 Ford Motor Co. Maverick compact pickup truck during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images DETROIT – Shares of Ford Motor le...
ICEYE raises $136 million to build out satellite catastrophe products
CEO Rafal Modrzewski inspects some of the company’s satellite hardware. ICEYE Finnish satellite imagery venture ICEYE brought in new funds, the company announced on Thursday, as it looks to add ...
Bob Jordan is now Southwest Airlines’ new CEO. Here’s what’s on his plate
Southwest Airlines Executive Vice President Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange (NYSE) in New York City, U.S., December 9, 2021. Brendan McDermid | Reute...
Airlines ask Biden to drop Covid testing for vaccinated travelers before U.S.-bound flights
A traveler wears a face mask while checking their phone on the arrivals level outside the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) amid increased Covid-19 t...
Biden urges against USPS plan to spend billions on gas vehicles
A postal worker loads a delivery truck on October 01, 2021 in Chicago, Illinois. Scott Olson | Getty Images The Biden administration on Wednesday attempted to halt the U.S. Postal Service’s plan...
Ferrari has a lot riding on its new SUV, the Purosangue
Ferrari logo Dean Mouhtaropoulos Ferrari has a lot riding on its much-anticipated and hotly debated SUV, called the Purosangue, to be unveiled later this year. Ferrari CEO Benedetto Vigna, who has bee...
Shares of EV start-up Electric Last Mile plunge more than 50% after CEO, chairman resign
The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s...
Satellite internet tier at $500 per month
SpaceX has quietly rolled out a new, more powerful “premium” tier of its Starlink satellite internet service that’s targeted at businesses and enterprise customers. The new product, ...
Massive winter storm grounds hundreds of flights across the U.S.
Travelers wait at the check-in counters of Southwest Airlines at Dallas Love Field Airport in Dallas, Texas, the United States, Dec. 17, 2021. Guangming Li | Xinhua News Agency | Getty Images Airlines...
Microsoft, Shell invest in LanzaJet, sustainable jet fuel start-up
The LanzaJet Freedom Pines Fuels plant in Soperton, Ga., is expected to begin producing 10 million gallons of SAF and renewable diesel per year from sustainable ethanol in 2023. Photo courtesy LanzaJe...
Astra expects to receive FAA license for Florida launch by Friday
The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as earl...
Taiwan Semi Stock Is Rising. An Analyst Sees More Demand From Intel and Apple.
Text size Morgan Stanley analyst Charlie Chan upgraded Taiwan Semiconductor to Overweight from Equal Weight. I-Hwa Cheng/Bloomberg Taiwan Semiconductor Manufacturing shares are trading higher Monday, ...