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Southwest Airlines cuts outlook on government shutdown demand hit, higher fuel costs

Southwest Airlines cuts outlook on government shutdown demand hit, higher fuel costs

Business News

Planes line up on the tarmac at LaGuardia Airport on Nov. 10, 2025 in New York City. Spencer Platt | Getty Images Southwest Airlines cut its 2025 earnings forecast Friday, citing a demand dip during the federal government shutdown, the longest ever. The carrier said it expects 2025 earnings before interest and taxes of about […]

Southwest Airlines cuts outlook on government shutdown demand hit, higher fuel costs Read More »

Electric aircraft maker Beta Technologies posts strong revenue growth in first report since going public

Electric aircraft maker Beta Technologies posts strong revenue growth in first report since going public

Technology News

Fully electric battery powered ALIA CTOL, CX300 single engine airplane, manufactured by Beta Technologies, performs during the 55th edition of the International Paris Air Show (Salon international de l’aeronautique et de l’espace – SIAE) at the ParisLe Bourget Airport, in Le Bourget, north of Paris, France on June 18, 2025. Mustafa Yalcin | Anadolu |

Electric aircraft maker Beta Technologies posts strong revenue growth in first report since going public Read More »

GM’s new product chief Sterling Anderson eyes technology renaissance for automaker

GM’s new product chief Sterling Anderson eyes technology renaissance for automaker

Business News

GM Chief Product Officer Sterling Anderson during the automaker’s “GM Forward” event on Oct. 22, 2025 in New York City. GM DETROIT — General Motors’ newest product and technology executive has said he thinks of the Detroit automaker as a canvas. One that can be curated, retouched or even torn apart. After roughly six months

GM’s new product chief Sterling Anderson eyes technology renaissance for automaker Read More »

Trump’s South Korea tariff cuts are major boost for Hyundai and GM

Trump’s South Korea tariff cuts are major boost for Hyundai and GM

Business News

American flags flutter outside a Hyundai automobile dealership in Irvine, California, U.S., March 27, 2025.  Mike Blake | Reuters DETROIT — Hyundai Motor and General Motors are set to be two of the greatest beneficiaries of lower U.S. tariffs on imports, including vehicles, from South Korea. The South Korean-based automaker is the largest U.S. importer

Trump’s South Korea tariff cuts are major boost for Hyundai and GM Read More »

Delta says government shutdown cost it 0 million, but forecasts strong travel demand into 2026

Delta says government shutdown cost it $200 million, but forecasts strong travel demand into 2026

Business News

A Delta Airlines Boeing 757-200 plane passes by the U.S. Capitol dome in Washington as it comes in for a landing at Ronald Reagan Washington National Airport on Sunday, November 9, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Delta Air Lines said the government shutdown that ended last month cost it approximately

Delta says government shutdown cost it $200 million, but forecasts strong travel demand into 2026 Read More »

Beta stock jumps 9% on billion motor deal with air taxi maker Eve Air Mobility

Beta stock jumps 9% on $1 billion motor deal with air taxi maker Eve Air Mobility

Finance News

Beta Technologies shares surged more than 9% after air taxi maker Eve Air Mobility announced an up to $1 billion deal to buy motors from the Vermont-based company. Eve, which was started by Brazilian airplane maker Embraer and is now under Eve Holding, said the manufacturing deal could equal as much as $1 billion over

Beta stock jumps 9% on $1 billion motor deal with air taxi maker Eve Air Mobility Read More »

Boeing stock jumps 7% as CFO says company expects higher 737, 787 deliveries next year

Boeing stock jumps 7% as CFO says company expects higher 737, 787 deliveries next year

Business News

A Boeing 777-9 prepares to land at Al-Maktoum International Airport during the Dubai Airshow 2025 in Dubai on November 17, 2025. Giuseppe Cacace | Afp | Getty Images Boeing is continuing to express optimism about its business as the company wraps up the year and looks at 2026. Chief Financial Officer Jay Malave said Tuesday

Boeing stock jumps 7% as CFO says company expects higher 737, 787 deliveries next year Read More »

What’s going on at Nexperia? Dutch chipmaker issues urgent plea to its China unit

What’s going on at Nexperia? Dutch chipmaker issues urgent plea to its China unit

Technology News

This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images Dutch chipmaker Nexperia has publicly called on its China unit to help restore supply chain operations, warning in an open letter that customers across industries are reporting “imminent production outages.” Nexperia’s Dutch unit

What’s going on at Nexperia? Dutch chipmaker issues urgent plea to its China unit Read More »

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