Transportation
Southwest’s profits are down 42% this year but it’s the top U.S. airline stock
A Southwest Airlines Boeing 737 airplane arrives at Los Angeles International Airport from San Francisco on March 28, 2025 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Southwest Airlines‘ profits fell 42% in the first nine months of the year compared with the same period in 2024. But its stock […]
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EV realism is here. How automakers react in 2026 will be telling
Frederic J. Brown | Afp | Getty Images DETROIT – The U.S. automotive industry has entered a new phase for all-electric vehicles: realism. The industry was euphoric about the EV segment in the early 2020s, but consumer demand never took off as much as expected and, as it fizzled, automakers monitored and planned how to […]
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Space stocks rocket higher as sector optimism gains steam into 2026
Space stocks have rallied in recent weeks following news that Musk’s SpaceX is planning to go public next year and widespread government interest. Source
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Mercedes-Benz agrees to $149.6 million settlement with U.S. states over excess diesel emissions
A Mercedes-Benz logo is displayed on a used vehicle for sale at a dealership on November 11, 2025 in San Diego, CA. Kevin Carter | Getty Images News | Getty Images Mercedes-Benz has reached a $149.6 million settlement with U.S. states to resolve a long-running investigation into allegations of diesel emissions cheating by the German […]
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Waymo pauses robotaxi service in San Francisco after blackout chaos — Musk says Tesla car service unaffected
Alphabet-owned Waymo has suspended its driverless ride-hail service in the San Francisco Bay Area after blackouts plagued the city Saturday afternoon. “We have temporarily suspended our ride-hailing services in the San Francisco Bay Area due to the widespread power outage,” a Waymo spokesperson tells CNBC. “Our teams are working diligently and in close coordination with […]
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Classic-car market poised for strong 2026, says Hagerty CEO
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The strength in the classic-car market is expected to continue in 2026 as a new generation of collectors revs up demand, said the […]
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American Airlines no longer lets basic economy flyers earn miles
American Airlines Grant Baldwin | Getty Images American Airlines customers flying on basic economy fares will no longer earn frequent flyer miles or points toward elite status, the carrier said this week. “We routinely evaluate our fare products to remain competitive in the marketplace. Customers who purchase a Basic Economy ticket on December 17, 2025 and […]
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American Airlines starts flying the longest-range narrow-body Airbus plane. Here’s what’s inside
The economy cabin of American Airlines A321XLR. Leslie Josephs/CNBC American Airlines is about to fly passengers to California for the first time on a skinny, long-range plane that it hopes will change air travel. The airline’s head of network planning now has to decide where else it should fly. The first Airbus A321XLR for a […]
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U.S. admits liability in Army helicopter collision with American Airlines jet that killed 67 people
(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. Handout | Getty Images News | Getty Images The United States admitted liability in the deadly collision between an Army Black Hawk helicopter and an arriving […]
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Delta president Glen Hauenstein, who helped turn airline into industry profit leader, to retire in February
Glen Hauenstein, president of Delta Air Lines Inc., left, and Ed Bastian, chief executive officer of Delta Air Lines Inc., right, ring the opening bell on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 12, 2025. Michael Nagle | Bloomberg | Getty Images Delta Air Lines President […]
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