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Joby Aviation shares pop 13% as electric air taxi maker closes 0 million Toyota investment

Joby Aviation shares pop 13% as electric air taxi maker closes $250 million Toyota investment

Attendees view a Joby Aviation electric vertical take-off and landing (eVTOL) aircraft during an event at Edwards Air Force Base in Edwards, California, US, on Monday, Sept. 25, 2023. Air taxi start-up Joby Aviation Inc. today announced it has delivered its first eVTOL to the US Air Force.  Bloomberg | Bloomberg | Getty Images Joby […]

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Southwest Airlines will start charging  for a checked bag tomorrow

Southwest Airlines will start charging $35 for a checked bag tomorrow

Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on Feb. 18, 2025 in Chicago, Illinois. Scott Olson | Getty Images Set your alarm. Southwest Airlines customers have only one day to go before the company starts charging to check bags for the first time in more than half a century. Starting

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Tesla’s Europe sales plunge 49% on brand damage, rising competition

Tesla’s Europe sales plunge 49% on brand damage, rising competition

Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC European sales of Tesla vehicles plunged in April, as the U.S. electric carmaker continues to face reputational damage regionally and rising competition. Tesla sold 7,261 cars in Europe in April, down 49% year-on-year, according to the European Automobile Manufacturers’ Association (ACEA). That drop

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Boeing, Justice Department reach deal to avoid prosecution over deadly 737 Max crashes

Boeing, Justice Department reach deal to avoid prosecution over deadly 737 Max crashes

Ethiopian Federal policemen stand at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 11, 2019. Tiksa Negeri | Reuters The U.S. Justice Department said Friday that it has reached a deal with Boeing to avoid prosecution over two crashes of the

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American Airlines CFO says some travelers are avoiding Newark airport

American Airlines CFO says some travelers are avoiding Newark airport

The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena Betancur | AFP | Getty Images American Airlines‘ chief financial officer said Thursday that some travelers are avoiding Newark Liberty International Airport for other options in the area after a spate of recent disruptions, but

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Toyota redesigns America’s top-selling RAV4 SUV to exclusively be a hybrid

Toyota redesigns America’s top-selling RAV4 SUV to exclusively be a hybrid

PLANO, Texas — The top-selling SUV in the United States will exclusively be offered as a hybrid model as part of a redesign of the RAV4 lineup, Toyota Motor announced Tuesday night. The world’s largest automaker said the 2026 Toyota RAV4 only will be offered as a hybrid or plug-in hybrid, eliminating a traditional gas

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Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary

Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary

Imaginima | E+ | Getty Images Logistics startup Stord said Monday that it’s buying UPS subsidiary Ware2Go as it looks to expand its footprint in the e-commerce space. The company declined to provide specifics on the purchase price of the deal. The Atlanta-based company founded by former Thiel Fellow Sean Henry said the acquisition will

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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

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

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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

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

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

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