Transportation
Elon Musk has extra than 20 immediate reports at Tesla — here is who they are
Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China. Bobby Yip | Reuters Elon Musk has operate two ambitious tech corporations at the identical time ever because he turned chairman and afterwards CEO of electric powered vehicle maker Tesla even though also leading SpaceX, […]
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Debt-loaded cruise lines’ shares tumble as Fed hikes rate and economic downturn fears grow
Persons appear out to enjoy the new Carnival Cruise Line ship Mardi Gras as it departs on its maiden voyage, a seven-day cruise to the Caribbean from Port Canaveral, Florida on July 31, 2021. Paul Hennessy | Anadolu Agency | Getty Photographs Shares of Carnival, Norwegian and Royal Caribbean fell this week after the Federal […]
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JetBlue floor operations workers seek out union vote, important labor team suggests
A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Visuals A major airline union said Friday that it has ample assistance among JetBlue Airways’ around 3,000 fleet assistance team to look for a unionization vote, in the most recent transfer to manage […]
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EV sales to strike all-time large in 2022, IEA saya, but a lot more function essential to place globe on internet-zero path
Tesla electric powered autos photographed in Germany on March 21, 2022. In accordance to the Global Strength Agency, electrical car or truck profits are on class to hit an “all-time high” this year. Sean Gallup | Getty Illustrations or photos News | Getty Visuals Electric powered car or truck gross sales are on study course […]
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Wall Street pros are watching this index to get an early sign that inflation is slowing
For signs that inflation may be easing, Wall Street pros have an unlikely source — the price of used cars. The Manheim Used Car Price Index fell to 205.9 in September from 210.8 in August. Since the beginning of the year, the index has declined nearly 13%. The consumer price index paints a similar picture […]
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China’s CATL, a Tesla provider, considers growing battery swapping enterprise abroad
CATL is the world’s largest electric auto battery maker and provider to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Photographs | Lightrocket | Getty Photos The world’s most significant electric car battery maker CATL is evaluating whether or not to expand its battery swapping business to worldwide marketplaces, a senior executive explained […]
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Boeing to pay $200 million to settle charges over misleading investors after 737 Max crashes
A Boeing 737 MAX 7 aircraft lands during an evaluation flight at Boeing Field in Seattle, Washington, September 30, 2020. Lindsey Wasson | Reuters Boeing will pay $200 million and then-CEO Dennis Muilenburg will pay $1 million to settle charges over misleading investors in the wake of two deadly crashes of 737 Max jetliners, the […]
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FedEx hikes package rates, details cost cutting as demand weakens globally
A person walks by a FedEx van in New York City, May 9, 2022. Andrew Kelly | Reuters FedEx on Thursday announced rate hikes and detailed its cost-cutting efforts after the shipping giant warned last week that its fiscal first quarter results were hit by weakening global demand. Shares of FedEx were up about 2% […]
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Ford to restructure supply chain following $1 billion in unexpected quarterly costs
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT – Ford Motor on Thursday announced plans to restructure its global supply chain, days after the company said it expects to book an extra $1 billion in unexpected supplier […]
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Xpeng breaks out of a lower selling price range with its most high priced auto to day
Xpeng has announced its most high priced auto to date. Pictured right here at a retail outlet in Shanghai, China, on July 2021 are two of Xpeng’s beforehand introduced versions, a P7 Wing Restricted Version in green and a G3 SUV in blue. Qilai Shen | Bloomberg | Getty Pictures BEIJING — Chinese electric powered […]
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