Transportation
Planet prepares to launch another line of imagery satellites to expand data-gathering operations
An artist’s depiction of a Tanager satellite in orbit. Planet PARIS — Planet is adding another type of imagery satellite to its product line, the latest expansion of the company’s data-gathering operations. The company named the new satellites Tanager — named after a bird family, like the existing lines of Dove and Pelican satellites that […]
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FedEx’s bleak warning could reflect global economy − and company’s own shortcomings
A FedEx worker makes a delivery on September 16, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images FedEx warned of weakening global shipping demand in a preliminary earnings report last week, leaving the market scrambling to determine whether the problems reflect internal company shortcomings or a broader economic diagnosis. CEO Raj Subramaniam pointed to […]
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Check out Regent acquire its prototype electric seaglider out for a check flight
Regent, a startup establishing electric powered traveling boats, has done a collection of exam operates on the Narragansett Bay in Rhode Island to demonstrate its exceptional vehicles can “float, foil and fly” as predicted. The co-founder and CEO of Regent, Billy Thalheimer, explained the corporation has by now amassed a backlog of $7 billion well […]
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American Airways will include new high quality suites in 2024 in race for substantial-having to pay vacationers
Seats in American Airlines’ new Flagship Suites TKTKTK American Airlines on Tuesday unveiled new suites for some of its longest-selection planes, a bid to chase superior-spending customers as vacation demand from customers returns. The new suites, which will attribute lie-flat seats and a sliding door for privacy, will debut in 2024 and will mark the […]
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Ford stock on pace for worst day in more than 11 years after cost warning
Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s stock is on pace for its worst day in more than 11 years, after the automaker pre-released part of its third-quarter earnings report and warned investors of $1 billion in unexpected supplier costs. Shares of Ford were […]
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Saudi Arabia purchases pair of SpaceX astronaut seats from Axiom
Starship prototypes are pictured at the SpaceX South Texas start site in Brownsville, Texas, U.S., Could 22, 2022. Photograph taken May well 22, 2022. Veronica Cardenas | Reuters Saudi Arabia is planning to launch two astronauts to the International Space Station aboard a house capsule from Elon Musk’s SpaceX, getting the newest Gulf nation to […]
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GM to sell up to 175,000 electric vehicles to Hertz through 2027
2024 Chevrolet Blazer SS EV GM General Motors has agreed to sell up to 175,000 electric vehicles to Hertz Global over the next five years, the companies announced Tuesday. The deal calls for GM to start supplying electric vehicles such as the Chevrolet Bolt EV and Bolt EUV to the rental car giant starting the […]
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3 takeaways from Tuesday’s Morning Meeting: Hold onto cash, watch Ford and don’t miss these exclusive interviews
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Now is absolutely not the time to buy Quick mentions: F, HUM, META, CRM, AMZN Exclusive looks into 3 Club names 1. Now is absolutely not the time to buy […]
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Tesla weighs reset for China retail method even as income boom
Tesla is reevaluating the way it sells electrical vehicles in China, its 2nd-major industry, and thinking about closing some showrooms in flashy malls in metropolitan areas like Beijing where visitors plunged all through Covid restrictions, two persons with know-how of the ideas said. The change would place extra emphasis on retailers in significantly less-highly-priced suburban […]
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Chinese EV maker Xpeng launches rival to Tesla’s semi-autonomous driving procedure
Xpeng released a element that lets its autos to semi-autonomously navigate city environments, marking its most recent obstacle to U.S. electric car big Tesla. The Chinese commence-up introduced Monday that it was piloting a characteristic known as City NGP, which stands for navigation guided pilot. Xpeng statements that City NGP will allow the motor vehicle to […]
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