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FAA bans U.S.-Haiti flights for 30 days after Spirit Airlines flight struck by gunfire

FAA bans U.S.-Haiti flights for 30 days after Spirit Airlines flight struck by gunfire

Business News

Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US. Eva Marie Uzcategui | Bloomberg | Getty Images The Federal Aviation Administration on Tuesday banned U.S. civilian flights to and from Haiti for 30 days after a Spirit Airlines airplane was struck by gunfire trying to land in Port-au-Prince a day […]

FAA bans U.S.-Haiti flights for 30 days after Spirit Airlines flight struck by gunfire Read More »

This climate startup is challenging Tesla in the race to electrify big rigs

This climate startup is challenging Tesla in the race to electrify big rigs

Technology News

On the road to electrifying vehicles, cars and small trucks are getting there. Big rigs, however, pose bigger hurdles. The trouble with electrifying tractor-trailer trucks is that the tractor component needs more power than the current charging infrastructure can handle and the necessary charging time is long. Major truck manufacturers like Volvo, Freightliner and Tesla

This climate startup is challenging Tesla in the race to electrify big rigs Read More »

Boeing delivers fewest planes in October since 2020, warns factory restart after strike will take weeks

Boeing delivers fewest planes in October since 2020, warns factory restart after strike will take weeks

Business News

An employee works in the cockpit of a Boeing P-8 Poseidon maritime patrol aircraft on the production line at Boeing’s 737 factory in Renton, Washington, November 18, 2021. Jason Redmond | Reuters Boeing‘s more than 32,000 machinists who were on strike are required to return to their factories no later than Tuesday, but getting factories

Boeing delivers fewest planes in October since 2020, warns factory restart after strike will take weeks Read More »

GM’s Wall Street vindication is happening as it outperforms its peers in 2024

GM’s Wall Street vindication is happening as it outperforms its peers in 2024

Business News

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024.  Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is proving it’s a standout among automakers this year as it continues to consistently outperform Wall

GM’s Wall Street vindication is happening as it outperforms its peers in 2024 Read More »

Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal

Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal

Business News

A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images DETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates that are set to start next year are “impossible” to meet and, if they’re not changed,

Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal Read More »

GM’s Wall Street vindication is happening as it outperforms its peers in 2024

Lucid slightly tops Wall Street’s third-quarter expectations amid widening losses

Business News

Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Lucid Group slightly beat Wall Street’s third-quarter expectations as the electric carmaker cuts costs ahead of plans to begin consumer production of a new SUV by the end of

Lucid slightly tops Wall Street’s third-quarter expectations amid widening losses Read More »

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

Business News

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters Rivian Automotive lowered its earnings forecast for the year after missing Wall Street’s third-quarter expectations, including a significant miss in revenue. Here’s how the company performed in the quarter, compared with

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations Read More »

Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids

Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids

Business News

A staff member checks a Bentayga SUV on the Bentley production line at its factory in Crewe, England, on Dec. 7, 2022. Phil Noble | Reuters Bentley Motors is once again pushing back a target to exclusively offer all-electric vehicles, with plans to continue leaning into plug-in hybrid electric vehicles until at least 2035. The

Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids Read More »

Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio

Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio

Business News

A view of the Jeep Plant where United Auto Workers members are picketing on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio. The company, which has been

Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio Read More »

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