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Joby Aviation stock pops 14% after delivering first flying taxi to UAE

Joby Aviation stock pops 14% after delivering first flying taxi to UAE

An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023.  Roselle Chen | Reuters Joby Aviation stock soared about 14% as the flying air taxi maker got closer to launching a service in the United Arab Emirates. The electric vertical takeoff and landing, […]

Joby Aviation stock pops 14% after delivering first flying taxi to UAE Read More »

Southwest airport lounges? CEO says carrier is open to even more high-end changes

Southwest airport lounges? CEO says carrier is open to even more high-end changes

A Southwest Airlines Boeing 737 taxis at Ronald Reagan Washington National Airport on May 16, 2025 in Arlington, Virginia. Kevin Carter | Getty Images ARLINGTON, Texas — Southwest Airlines is considering airport lounges, more premium seating and even long-haul international flights to win over high-spending customers, CEO Bob Jordan said Wednesday. “Whatever customers need in

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FedEx beats earnings estimates, forecasts  billion cost savings in the next fiscal year

FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year

FedEx reported better-than-expected quarterly earnings and revenue Tuesday as the company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year. The company achieved its “structural cost reduction target, in the face of ongoing headwinds,” CEO Raj Subramaniam said in a media release.

FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year Read More »

Carnival shares pop on earnings beat and raised full-year outlook

Carnival shares pop on earnings beat and raised full-year outlook

Carnival shares climbed roughly 7% on Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance. According to the company’s earnings report, the cruise operator posted adjusted earnings of 35 cents per share while beating analyst estimates of 24 cents, according to LSEG. Adjusted revenue came in at at record $6.3

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Uber, Waymo robotaxi service opens to passengers in Atlanta

Uber, Waymo robotaxi service opens to passengers in Atlanta

Waymo partners with Uber to bring robotaxi service to Atlanta and Austin. Uber Technologies Inc. Uber and Alphabet’s Waymo are now offering robotaxi rides to the public in Atlanta, as the companies continue expansion of their partnership. The Waymo robotaxis available through the Uber app will cover approximately 65 square miles around Atlanta, but will not yet

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Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base

Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base

Airspace over the Middle East on Monday afternoon EDT, according to FlightRadar24. Courtesy: Flightradar24 Airlines diverted more flights in the Middle East on Monday after Iran’s armed forces said the country launched a missile strike on a U.S. military base in Qatar, exacerbating the region’s military conflict. At least six commercial aircraft turned around near

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New Stellantis CEO faces slew of challenges, vows to avoid ‘mediocrity’

New Stellantis CEO faces slew of challenges, vows to avoid ‘mediocrity’

Incoming Stellantis CEO Antonio Filosa, head of the company’s Americas operations, greets a Windsor Assembly Plant employee during an event celebrating Chrysler’s 100th anniversary on June 6, 2025. Stellantis DETROIT — “Mediocrity is not worth the trip.” That was part of incoming Stellantis CEO Antonio Filosa’s first public message after being named to lead the

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Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas

Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas

Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Zoox Amazon-owned autonomous vehicle startup Zoox on Wednesday opened a sprawling new manufacturing facility in the San Francisco Bay Area, paving the way for more robotaxi production as it plans a commercial rollout of its fleet later this year.

Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas Read More »

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