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Transportation

Tariffs will drive up the cost of airplanes, the United States’ star export

Tariffs will drive up the cost of airplanes, the United States’ star export

Business News

The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing’s 737 factory in Renton, Washington, November 18, 2021. Jason Redmond | Reuters President Donald Trump’s sweeping tariffs are set to drive up the cost of Boeing and Airbus planes, GE Aerospace engines, and hundreds of other aerospace and defense products, […]

Tariffs will drive up the cost of airplanes, the United States’ star export Read More »

Southwest’s bag fees and other changes could backfire, Fitch warns

Southwest’s bag fees and other changes could backfire, Fitch warns

Business News

A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images) John J. Kim | Chicago Tribune | Getty Images Southwest Airlines‘ new policies such as charging for checked bags for the first time could backfire, Fitch Ratings said Thursday. Southwest is reversing its

Southwest’s bag fees and other changes could backfire, Fitch warns Read More »

Stellantis idles plants in Mexico and Canada due to tariffs

Stellantis idles plants in Mexico and Canada due to tariffs

Business News

The Stellantis Windsor Assembly Plant is shown on April 1, 2025 in Windsor, Canada.  Bill Pugliano | Getty Images DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs, the company confirmed Thursday. The actions are

Stellantis idles plants in Mexico and Canada due to tariffs Read More »

Trump’s 25% auto tariffs are in effect. What investors need to know

Trump’s 25% auto tariffs are in effect. What investors need to know

Business News

Vehicles seen on the lot of a Ford auto dealership in Montebello, California on April 1, 2025. Frederic J. Brown | Afp | Getty Images DETROIT — President Donald Trump’s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry

Trump’s 25% auto tariffs are in effect. What investors need to know Read More »

United Airlines adds Thailand, Vietnam and Australia flights in latest expansion

United Airlines adds Thailand, Vietnam and Australia flights in latest expansion

Business News

A Boeing 787 Dreamliner operated by United Airlines takes off at Los Angeles International Airport (LAX) on January 9, 2013 in Los Angeles, California. David McNew | Getty Images United Airlines plans to add daily flights to Vietnam and Thailand in October, further expanding the network for the U.S. carrier that already has the most

United Airlines adds Thailand, Vietnam and Australia flights in latest expansion Read More »

Ford reports slight decline in quarterly vehicle sales as industry braces for tariffs

Ford reports slight decline in quarterly vehicle sales as industry braces for tariffs

Business News

A Ford Bronco at a Ford dealership in Richmond, California, on March 3, 2025. Bloomberg | Bloomberg | Getty Images Ford Motor on Tuesday reported a slight decline in its first-quarter U.S. vehicle sales, as the automaker and the broader industry brace for the impacts of President Donald Trump’s auto tariffs that are set to

Ford reports slight decline in quarterly vehicle sales as industry braces for tariffs Read More »

Airline stocks slide more as concerns grow over consumers’ travel appetite

Airline stocks slide more as concerns grow over consumers’ travel appetite

Business News

A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Airline stocks slid further on Tuesday as Wall Street’s concerns about weaker-than-expected travel demand amid looming tariffs and a sharp drop in consumer confidence continue to weigh on the sector. Shares of Delta Air Lines were down roughly 5% in morning trading

Airline stocks slide more as concerns grow over consumers’ travel appetite Read More »

Canadians pull back on U.S. trips, threatening to widen United States’ billion travel deficit

Canadians pull back on U.S. trips, threatening to widen United States’ $50 billion travel deficit

Business News

Canadians hold an “Elbows Up” protest against U.S. tariffs and other policies by U.S. President Donald Trump, at Nathan Phillips Square in Toronto, Ontario, Canada March 22, 2025. Carlos Osorio | Reuters Canadians are skipping trips to the U.S. and visitors from other countries could soon follow threatening to deepen the United States’ $50 billion

Canadians pull back on U.S. trips, threatening to widen United States’ $50 billion travel deficit Read More »

GM, Stellantis shares fall after Trump’s auto tariff announcement

GM, Stellantis shares fall after Trump’s auto tariff announcement

Business News

The border wall is shown in a background as a semi-truck carrying Toyota trucks crosses a bridge after clearing U.S. Customs while entering the United States from Mexico along the border in San Diego, California, U.S., March 4, 2025.  Mike Blake | Reuters Auto stocks are digesting President Donald Trump’s announcement that he would place

GM, Stellantis shares fall after Trump’s auto tariff announcement Read More »

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