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Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

Business News

A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport. Eric Thayer | Bloomberg | Getty Images The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the matter said, a tentative agreement that would allow the plane-maker […]

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal Read More »

How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated

How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated

Business News

A 2025 Ford Expedition with bronze trim on April 30, 2025 at the automaker’s Kentucky Truck Plant. Michael Wayland | CNBC LOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior trim rolls off the assembly line at Ford Motor‘s Kentucky Truck Plant. It was assembled — from its frame to completion —

How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated Read More »

Spirit Airlines introduces extra legroom seats, other perks, in push for premium

Spirit Airlines introduces extra legroom seats, other perks, in push for premium

Business News

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines announced on Tuesday that it will offer new premium options for its travelers, including an extra-legroom seating option and a two free checked bags policy for

Spirit Airlines introduces extra legroom seats, other perks, in push for premium Read More »

Hertz shares plummet after company’s disappointing first-quarter results, 0 million stock offering

Hertz shares plummet after company’s disappointing first-quarter results, $250 million stock offering

Business News

DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering. Hertz shares were off more than 20% during early morning trading before leveling to be off about 15% to 18% toward the end of the company’s Tuesday morning quarterly earnings

Hertz shares plummet after company’s disappointing first-quarter results, $250 million stock offering Read More »

Why U.S. air traffic control is stretched so thin — and the fight to fix it

Why U.S. air traffic control is stretched so thin — and the fight to fix it

Business News

An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers have been under strain for years, but a 90-second equipment failure last month exposed how decades of staffing shortages, underinvestment and patchwork solutions for those who guide planes

Why U.S. air traffic control is stretched so thin — and the fight to fix it Read More »

Newark air traffic controllers lost contact with planes again in overnight outage

Newark air traffic controllers lost contact with planes again in overnight outage

Business News

A man stands outside Terminal C with the airport control tower in the background at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers who guide planes in and out of Newark Liberty International Airport lost radar and communication with aircraft before dawn on

Newark air traffic controllers lost contact with planes again in overnight outage Read More »

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

Finance News

Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025. Kylie Cooper | Reuters Lyft shares climbed 20% Friday after the ride-sharing company upped its share buyback plan and posted better-than-expected gross bookings. During an interview with CNBC’s “Squawk Box,” CEO David Risher said that Lyft isn’t seeing “anything

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer Read More »

Carvana’s record quarterly results top Wall Street expectations

Carvana’s record quarterly results top Wall Street expectations

Business News

Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty Images DETROIT — Carvana’s first-quarter results easily topped Wall Street’s expectations as the company reported record sales driven by higher-than-expected industry demand amid fears of price increases due to automotive tariffs. Carvana CEO and co-founder Ernie

Carvana’s record quarterly results top Wall Street expectations Read More »

Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs

Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs

Business News

A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT — A closely watched barometer for used vehicle pricing jumped last month to its highest level since October 2023 as consumers rushed purchases amid fears of price hikes due

Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs Read More »

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