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Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts

Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts

2024 Lincoln Nautilus  Ford DETROIT — President Donald Trump’s move to impose 10% additional tariffs on imports from China this week affects a small number of U.S. vehicles. But those tariffs are also hitting auto parts, which could increase already heightened vehicle prices for consumers. The U.S. in recent years has imported roughly $15.4 billion

Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts Read More »

Uber beats fourth-quarter revenue expectations but offers soft guidance

Uber beats fourth-quarter revenue expectations but offers soft guidance

Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Uber shares fell around 7% in premarket trading Wednesday after the ride-sharing company reported fourth-quarter results that beat analysts’ expectations for revenue but offered soft guidance. Here’s how the company

Uber beats fourth-quarter revenue expectations but offers soft guidance Read More »

All 67 victims in D.C. plane collision recovered, officials say

All 67 victims in D.C. plane collision recovered, officials say

Family members visit the crash site on the banks of the Potomac River, where American Airlines flight 5342 collided with a US Army military helicopter, at Ronald Reagan Washington National Airport in Arlington, Virginia, on February 2, 2025.  Tasos Katopodis | Getty Images News | Getty Images All 67 victims in last week’s deadly collision

All 67 victims in D.C. plane collision recovered, officials say Read More »

Boeing’s Starliner losses top  billion after spacecraft program reports worst year yet

Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet

Boeing spacecraft Starliner is seen from the window of SpaceX’s Dragon capsule “Endeavour” on July 3, 2024, while docked with the International Space Station during the crew flight test. NASA Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut flight turned

Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet Read More »

Honda’s new EV production revolution begins with  billion investment in Ohio

Honda’s new EV production revolution begins with $1 billion investment in Ohio

A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio.  Michael Wayland / CNBC MARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio. Honda is in the midst of completing

Honda’s new EV production revolution begins with $1 billion investment in Ohio Read More »

FAA to restrict helicopter traffic around D.C. airport after fatal airplane collision

FAA to restrict helicopter traffic around D.C. airport after fatal airplane collision

The air traffic control at Ronald Reagan Washington National Airport is pictured, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol dome in the background, as seen from Virginia, U.S., January 30, 2025.  Evelyn Hockstein | Reuters The Federal

FAA to restrict helicopter traffic around D.C. airport after fatal airplane collision Read More »

Altitude, communication and congestion: Investigators look for clues in fatal jetliner collision with Army helicopter

Altitude, communication and congestion: Investigators look for clues in fatal jetliner collision with Army helicopter

(EDITORS NOTE: Image contains graphic content) In this U.S. Coast Guard handout, the Coast Guard investigates aircraft wreckage on the Potomac River on Jan. 30, 2025 in Washington, DC.  Petty Officer 1st Class Brandon Giles | U.S. Coast Guard | Handout | Getty Images How an Army Black Hawk helicopter collided into an American Airlines

Altitude, communication and congestion: Investigators look for clues in fatal jetliner collision with Army helicopter Read More »

Implemented or not, Trump’s 25% tariff threat is challenging the auto industry

Implemented or not, Trump’s 25% tariff threat is challenging the auto industry

A car carrier trailer waits in line next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images DETROIT — As President Donald Trump’s threat to impose 25% tariffs on imports from Canada and

Implemented or not, Trump’s 25% tariff threat is challenging the auto industry Read More »

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