Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor’s market value toppe...
Tag: Transportation
Delta CEO says 8,000 employees have tested positive for Covid in last 4 weeks
A Delta Air Lines employee works on the departures level at Los Angeles International Airport (LAX) on August 25, 2021 in Los Angeles, California. Mario Tama | Getty Images Delta Air Lines CEO Ed Bast...
Virgin Galactic stock falls after plans to raise $500 million in debt
Spacecraft VSS Unity lands on the runway at Spaceport America in New Mexico after the company’s fourth spaceflight test on July 11, 2021. Virgin Galactic Shares of Virgin Galactic fell in tradin...
Delta Air Lines (DAL) earnings 4Q 21
A Delta airlines aircraft landing from Los Angeles at Kingsford Smith International airport on October 31, 2021 in Sydney, Australia. James D. Morgan | Getty Images Delta Air Lines said Thursday that ...
Fed has to be ‘far more aggressive…than the Street thinks,’ says academic who called Dow 20,000: ‘This is too much money chasing too few goods’
Jeremy Siegel, professor of finance at the University of Pennsylvania’s Wharton School of Business, on Wednesday sounded sanguine about the equity market, even as he conceded that inflation is likely ...
FAA briefly grounded planes in Western U.S. as precaution
A United Airlines Holdings Inc. Boeing 777-200 aircraft on the tarmac at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 15, 2020. David Paul Morris | B...
Delta Air Lines battles with nation’s largest flight attendant union over shortened Covid sick leave
Flight attendants hand out refreshments to a packed Delta Airlines flight traveling from Ronald Regan National Airport to MinneapolisSaint Paul International Airport on Friday, May 21, 2021. Kent Nish...
Boeing 2021 airplane deliveries surged, led by return of 737 Max, but were still behind Airbus
FAA chief Steve Dickson flies a Boeing 737 MAX, from Boeing Field on September 30, 2020 in Seattle, Washington. Mike Siegel | Getty Images Boeing’s sales and deliveries of new planes surged last...
United cuts flights as about 3,000 workers call out sick from Covid
Travelers push their luggage past baggage claim inside the United Airlines terminal at Los Angeles International Airport (LAX) during the holiday season as the coronavirus disease (COVID-19) Omicron v...
Global travel will bounce back strongly despite omicron
International travel is likely to recover soon despite progress being slowed by the omicron variant, according to AirAsia chief executive Tony Fernandes. “I do believe that we’re at the be...
Rivian shares decline on 2021 production and executive departure
Rivian R1T all-electric truck in Times Square on listing day, on Wednesday, Nov. 10, 2021 in New York. Ann-Sophie Fjello-Jensen | AP Shares of Rivian Automotive fell 5% in afterhours trading Monday af...
Supply-Chain Constraints Are Easing. 5 Stocks That Should Benefit.
Text size STR/AFP via Getty Images Global supply-chain constraints are beginning to ease, which will benefit a host of stocks. The surge in economic demand last year brought on by reopenings and econ...
Virgin Orbit stock pops as company shows rocket in Times Square
Virgin Orbit’s LauncherOne rocket on display in Times Square, New York. CNBC | Michael Sheetz Richard Branson’s satellite-launching company Virgin Orbit brought a rocket to show off in New...
BMW’s new iX Flow concept car can change colors
People look at BMW’s iX Flow prototype at the BMW booth during the CES tech show, Wednesday, Jan. 5, 2022, in Las Vegas. The iX Flow is a system that replaces regular car paint with with E Ink t...
Starlink internet service has more than 145,000 users so far
A Starlink user terminal, also known as an antenna or satellite dish, on the roof of a building. SpaceX Elon Musk’s SpaceX on Thursday gave an update on its Starlink internet service, as the com...
Virgin Galactic stock falls below SPAC debut price two years later
Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or C...
Bentley reports a second consecutive year of record sales in 2021
A Bentley PHEV Mulliner car is displayed during the 19th Shanghai International Automobile Industry Exhibition, also known as Auto Shanghai 2021, at National Exhibition and Convention Center (Shanghai...
Three Transportation Surprises In 2022
Christmas and New Year celebrations are behind us, and kids have jettisoned their educational toys and are busy playing with their new video games. The rest of us are wondering when Omicron will be ov...
GM unveils new Chevrolet Silverado EV topping $100,000
2024 Chevrolet Silverado EV RST GM General Motors plans to build a work truck version of its new electric Chevrolet Silverado for commercial customers and a fully loaded luxury model that will retail ...
Ford’s 2021 sales down 6.8% but finishes year with strong fourth quarter
Ford vehicles are seen on the sales lot at the Helfman Ford dealership on October 28, 2021 in Houston, Texas. Brandon Bell | Getty Images DETROIT – Ford Motor’s sales last year declined 6.8% com...
Chrysler kicks off plans to go all-electric by 2028 with Airflow concept
Chrysler Airflow concept Chrysler Once-prominent Chrysler plans to reinvent itself as an all-electric auto brand by 2028, the company announced Wednesday. Those plans begin with a new crossover concep...
Toyota dethrones GM to become America’s top-selling automaker in 2021
Toyota vehicles are offered for sale at a dealership on November 04, 2021 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Toyota Motor has dethroned General Motors as America’s top-se...
Airlines cancel another 1,300 flights as omicron, severe weather continue to snarl travel
Travelers wait in line to check-in for flights at Newark Liberty International Airport (EWR) in Newark, New Jersey, U.S., on Monday, Jan. 3, 2022. Christopher Occhicone | Bloomberg | Getty Images Airl...
Intel stock rallies after upgrade says chip maker ‘is starting to execute on a coherent strategy’
Intel Corp. shares rallied Wednesday after the chip maker received an analyst upgrade on the belief that the chip maker is starting to execute on its turnaround. Intel INTC, +3.12% shares gained as mu...