Transportation
Musk blasts Duffy after Artemis contract spat: He ‘is trying to kill NASA!’
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters SpaceX and Tesla CEO Elon Musk criticized acting NASA Administrator Sean Duffy after he told media outlets this week that the billionaire’s space company is falling […]
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GM expects next year’s results to top 2025 earnings
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors CFO Paul Jacobson on Tuesday said the company expects earnings next year to top its 2025 results, which have performed far better than Wall Street’s expectations. Investors had […]
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General Motors is set to report earnings before the bell. Here’s what Wall Street expects
A General Motors Co. Chevrolet Silverado truck at a dealership in Upland, California, US, on Wednesday, Oct 15, 2025. Kyle Grillot | Bloomberg | Getty Images DETROIT — General Motors is set to report its third-quarter earnings before the bell Tuesday amid a litany of challenges facing the automotive industry. Here is what Wall Street […]
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Transportation Secretary Duffy says Musk’s SpaceX is behind on moon trip and he will reopen contracts
Transportation Secretary Sean Duffy said Monday that Elon Musk’s SpaceX is falling “behind” the U.S. timeline to return to the moon with Artemis and he will open the contract to other companies. “We’re not going to wait for one company,” Duffy, who is currently the acting NASA administrator, told CNBC’s “Squawk Box” on Monday. “We’re […]
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Cargo plane slides off runway and falls into sea in Hong Kong, killing two airport staff
escue workers approach a cargo aircraft that skidded off a Hong Kong runway on Monday, Oct. 20, 2025. Chan Long Hei | AP Two Hong Kong airport security staff were killed early on Monday after a cargo plane from Dubai skidded off the runway on landing, collided with their security patrol vehicle and pushed it […]
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Cost and ‘chaos’ continue to test resiliency of U.S. auto industry
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — “A lot of cost and a lot of chaos.” That’s how Ford Motor CEO Jim Farley described the state of the automotive industry earlier this year amid geopolitical tensions, tariffs, inflation and other disruptions. All those factors created […]
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Amazon Web Services outage hits airline websites, disrupting check-in
An inside view of Newark Airport as travelers are facing eight straight days of massive delays, United Airlines canceling routes and staffing shortages in Newark, New Jersey, United States, on May 06, 2025. Mostafa Bassim | Anadolu | Getty Images Airline websites, including Delta Air Lines and United Airlines, were disrupted during Monday’s disruption of […]
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FAA lets Boeing increase 737 Max production almost two years after near-catastrophic accident
Boeing 737 Max aircraft are assembled at the company’s plant in Renton, Washington, U.S. June 25, 2024. Jennifer Buchanan | Via Reuters Boeing has won regulator approval to ramp up production of its best-selling 737 Max jetliners to 42 a month, a milestone for the manufacturer nearly two years after the Federal Aviation Administration capped […]
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United Airlines CEO warns an extended shutdown will hurt bookings
CEO of United Airline Scott Kirby speaks during the Semafor 2025 World Economy Summit at Conrad Washington on April 24, 2025 in Washington, DC. Alex Wong | Getty Images United Airlines CEO Scott Kirby said the federal government shutdown could hurt bookings if it continues. Despite the funding impasse, essential federal employees including Transportation Security […]
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Beta Technologies IPO could value electric air taxi maker at $7.2 billion
Aerospace manufacturer BETA Technologies’ electric aircraft, ALIA, is seen at John F. Kennedy Airport in New York City, U.S., June 3, 2025. It is the first Advanced Air Mobility flight into JFK Airport. Kylie Cooper | Reuters Beta Technologies updated the prospectus for its initial public offering on Wednesday, setting a price range that could […]
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