Regarding electric vehicles, Toyota has plenty more to say. The Japanese automaker is outdistanced by its competitors in the electric vehicle segment. It only recently recognized that its strategy may...
Tag: Transportation
General Motors (GM) earnings Q4 2022
Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT — General Motors is set to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street is expecti...
D.C. free bus bill becomes law as zero-fare transit systems take off
A bus is seen in Washington, DC, on December 12, 2022. – The Washington government voted to institute free bus rides for all starting in the summer of 2023. Olivier Douliery | AFP | Getty Images...
Boeing plans to add new 737 Max production line
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Was...
JetBlue pilots approve contract extension and raises
A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images JetBlue Airways pilots have approved a contract extension that ...
Jim Cramer’s Investing Club meeting Monday: Dow stocks, Fed, Ford
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stick to Dow stocks Watch w...
Ford cuts price of EV Mustang Mach-E, following Tesla’s cuts
People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT — Ford Motor is increasing...
Blackstone Stock Is a Good Investment, Even in a Downbeat Economy
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
EV carmakers work to fit auto dealers into their future plans
Customers wearing protective masks looks at the interior of a vehicle for sale at a Ford Motor Co. dealership in Colma, California, Feb. 1, 2021. David Paul Morris | Bloomberg | Getty Images DETROIT —...
China looks past Covid as tourist bookings surge for the Lunar New Year
BEIJING — People in China are moving past the pandemic and going out to travel, preliminary data for the Lunar New Year holiday show. “Pent-up demand is being released as many people rush to sce...
Audi’s new EV is SUV with augmented reality that doubles as pickup
Audi Activesphere EV concept Audi Audi’s new concept vehicle is an all-electric luxury SUV that uses augmented reality glasses and can double as a small pickup truck, signaling potential future ...
Shipping Platform Freightos Goes Public in SPAC Deal
Online freight booking platform Freightos Ltd. started trading shares publicly on Thursday through a merger with a special-purpose acquisition company, just as the booming shipping demand that helped ...
After United Airlines win, Boeing is involved in ‘more big orders,’ CEO says
Boeing Co., which recently clinched a major deal with United Airlines Holdings Inc. for hundreds of its jets, also has some other big deals, according to CEO Dave Calhoun. “We’re involved in more big ...
Toyota Makes a Huge Announcement
A new era is about to begin at Toyota. For a long time, the world’s largest carmaker in sales has gone its own way. The Camry sedan maker has completely taken the opposite bet of the entire ind...
American Airlines (AAL) earnings Q4 2022
Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Alex Wong | Getty Images American Airlines‘ fourt...
Southwest Airlines (LUV) earnings Q4 2022
Travelers check in at a Southwest Airlines ticket counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessy | Anadolu Ag...
DOT is probing whether Southwest’s schedules were ‘unrealistic’ during holiday meltdown
A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022. Kamil Krzaczynski | AFP | Getty Images The Transportation Department said W...
Southwest CEO maps out a recovery after holiday meltdown
Travelers at Baltimore Washington International airport deal with the impact of Southwest Airlines canceling more than 12,000 flights around the Christmas holiday weekend across the country and in Bal...
Tesla’s price cuts could spur an EV pricing war
A Tesla showroom is seen in the City Center shopping center on January 17, 2023 in Washington, DC. Anna Moneymaker | Getty Images DETROIT — Tesla vehicles in the U.S. are seeing significant price cuts...
First Rocket Lab U.S. launch is a success after NASA delays
The company’s Electron rocket lifts off from LC-2 at NASA’s Wallops Flight Facility in Virginia on Jan. 24, 2023. Brady Kenniston / Rocket Lab Rocket Lab‘s first U.S. launch got off ...
Boeing (BA) earnings Q4 2022
Boeing posted a $663 million loss for the fourth quarter as supply chain issues weighed on results despite a rebound in aircraft sales and deliveries that drove up revenue. Airlines and aircraft manuf...
Tesla plans to spend $3.6 billion more on manufacturing in Nevada
An aerial view of the Tesla Gigafactory near Sparks, Nevada Bob Strong | Reuters Tesla plans to spend $3.6 billion more on expanded battery and heavy duty truck manufacturing in Nevada, the company sa...
SpaceX completes Starship rocket test in prep for first orbital launch
Starship prototype 24 stacked on top of Super Heavy booster prototype 7 at the company’s facility near Brownsville, Texas on January 9, 2023. SpaceX SpaceX announced on Monday it completed a maj...
ASML Profit Tops Expectations. It Sees a Chip Market Rebound.
ASML Holding, a critical supplier to the global chip-making industry, said Wednesday that it expects to report more than 25% sales growth this year despite uncertainty in the semiconductor industry, a...
EasyJet expects higher 2023 profit as booking strength continues
EasyJet PLC said Wednesday that it expects to beat fiscal 2023 market consensus for pretax profit after first-quarter revenue rose, and that booking strength continues across the second quarter and in...
Elon Musk Accuses Two Influential Firms of Controlling the Stock Market
Elon Musk likes to attack circles of power. It’s as if he’s on a mission. Nothing seems to motivate him more than slapping a revered institution or icon. He seems to be committed to challe...
Hellbiz hires same company used by Genius Group to combat illegal short selling
Shares of Hellbiz Inc. HLBZ, +109.13% soared 41.3% in midday trading Monday, and have more than doubled in two days, after the e-scooters and e-bicycles provider said it hired Shareholder Intelligence...
What will the Fed and Jerome Powell do next week?
Jittery U.S. investors are still in “bad news is good news” mode because they want to see interest rates decline. And they expect to get what they want, as shown by the inverse yield curve. Two-year U...