The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Im...
Tag: Transportation
Tesla to recall FSD Beta software that let drivers roll past stop signs
Tesla will recall software from 53,822 of its Model S, X, 3 and Y vehicles in the U.S. to eliminate a feature that let cars automatically roll through stop signs, according to records published today ...
What investors should know before Tuesday’s fourth-quarter earnings
General Motors CEO Mary Barra speaks at the General Motors Factory ZERO electric vehicle assembly plant on November 17, 2021 in Detroit, Michigan. Nic Antaya | Getty Images DETROIT – General Motors is...
Bears beware. Past corrections for the S&P 500 are only 15% on average, outside of recessions
Even after a rough January for Wall Street, it might take the U.S. economy slipping into a recession before the S&P 500 index risks entering a bear market, according to Oxford Economics. “Equities...
Tesla climbs more than 10% on Monday after Credit Suisse upgrade
A Tesla mobile service vehicle outside a dealership in Vallejo, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Shares in electric vehicle maker Tesla climbed...
Boeing wins Qatar Airways order for 737 Max planes, new 777X freighters
The Boeing 777-8 Freighter The Boeing Company Boeing won a big order from Qatar Airways on Monday as the airline feuds with rival manufacturer Airbus. Shares of Boeing surged on the orders, up more th...
What to expect from markets in the next six weeks, before the Federal Reserve revamps its easy-money stance
Federal Reserve Chairman Jerome Powell fired a warning shot across Wall Street last week, telling investors the time has come for financial markets to stand on their own feet, while he works to tame i...
Tech Stocks to Buy as Interest Rates Rise
Text size Chip stocks look like good bets in th new world for tech stocks. Maika Elan/Bloomberg Tech stocks finally showed a little fight last week, aided by an impressive batch of earnings reports. B...
Winter storm set to snarl Northeast air travel
JetBlue Airways Corp. Craig Warga | Bloomberg | Getty Images Airlines have canceled hundreds of flights ahead of a winter storm that forecasters expect will bring high winds and potential for more tha...
Southwest weighs bringing onboard booze back this spring
Seen reflected through a double window, a Southwest Airlines airplane taxies from a gate at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Kev...
Elon Musk’s SpaceX planning for record 52 launches in 2022
A Falcon 9 rocket launches the GPS III SV05 satellite on a mission for the U.S. Space Force on June 17, 2021. SpaceX Elon Musk’s SpaceX broke its own annual orbital launch record last year, and ...
Tesla stock drops 8% as investors digest new vehicle delays
Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif. The cracked window glass occurred during a demonstration on the strength of the glass. Robert Hanashiro | USA ...
Italian space company D-Orbit going public via Nasdaq SPAC
An artist’s rendition of an ION spacecraft deploying satellites in orbit. D-Orbit Italian space transportation and services company D-Orbit announced Thursday plans to go public via a SPAC, in a...
EV manufacturing jumps in UK, overall production sinks to 65-year low
A Nissan Leaf on the forecourt of a dealership in Lincoln, U.K. Chris Ratcliffe | Bloomberg | Getty Images Car production in the U.K. slumped by 6.7% to just 859,575 units in 2021, new figures publish...
Southwest Airlines says omicron will drive a loss in the first quarter, but expects 2022 profit
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines expects to lose money in the first quarter after the omicron variant of Covid-19 hurt staffing and bookings, but it said profits are ...
Tesla (TSLA) earnings Q4 2021
Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Tesla repor...
Boeing posts third annual loss in a row as Dreamliner costs hit $5.5 billion
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Boeing hit a key milestone in...
Bentley to invest $3.4 billion to exclusively offer EVs by 2030
A rendering of Bentley’s new electric vehicle production operatins in Crewe, England. Bentley Bentley Motors plans to spend 2.5 billion pounds (about $3.4 billion) over the next decade to become...
Airbus to rent out its giant Beluga aircraft in bet on air cargo boom
An Airbus Beluga transport aircraft takes off from the Airbus plant in Hamburg-Finkenwerder. Marcus Brandt | picture alliance | Getty Images Airbus on Tuesday said it is renting out its giant Beluga a...
FTC likely suing to block Lockheed Martin buy
Four Aerojet Rocketdyne RS-25 engines attached to the core Stage for NASA’s Space Launch System rocket. NASA Aerojet Rocketdyne stock fell after the rocket engine and spacecraft propulsion maker...
Shares of Rivian and other EV start-ups tank amid stock sell-off
Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Shares of Rivian Automotive and oth...
Ford Bronco Raptor SUV is a ‘desert-racing beast,” CEO says
2022 Ford Bronco Raptor Ford DETROIT – Ford Motor is expanding its Bronco SUV lineup to include a new Raptor model that will go on sale later this year starting at about $70,000. The 2022 Ford Bronco ...
Fastenal and 4 More Companies That Raised Their Dividends This Week
Text size Fastenal increased its quarterly dividend by 11%. Luke Sharrett/Bloomberg Fastenal , Consolidated Edison , and J.B. Hunt Transport Services were among the U.S. companies that declared divide...
GM unveils new high-performance SUV
2023 Cadillac Escalade V-Series Cadillac DETROIT – General Motors will offer a new performance version of its flagship Cadillac Escalade SUV, adding to a growing lineup of high-power gasoline vehicles...