Transportation
Autoworker union accuses GM joint venture of denying access to organize workers
Striking United Auto Workers members and supporters attend a speech by Vermont Sen. Bernie Sanders outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – The United Auto Workers union is accusing a new General Motors joint venture of denying access to workers to conduct a preliminary […]
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Egypt set for world’s sixth largest high-speed rail system with backing from Germany’s Siemens
A train passes through a station in Egypt. The project involving Siemens Mobility will use trains that can reach a top speed of 230 kilometers per hour, and the line will be fully electrified. Paulvinten | Istock | Getty Images A new high-speed rail line is coming to Egypt, with developer Siemens Mobility saying it […]
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Nepal says missing plane with 22 on board crashed
A passenger plane with 22 people on board went missing in Nepal on May 29, the operating airline and officials said, as poor weather hampered a search operation. Yunish Gurung | Afp | Getty Images Nepal’s army said on Monday it had located the crash site of a plane that went missing with 22 people […]
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EU fails to agree on Russia oil embargo, will try again Monday ahead of summit
Ukrainian officials have repeatedly called for the EU to stop funding Russia’s invasion by imposing an immediate import ban on Russian oil and gas. Attila Kisbenedek | Afp | Getty Images The EU failed on Sunday to agree on an embargo of Russian oil, but diplomats but will still try to make progress ahead of a Monday-Tuesday summit on […]
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Flight cancellations ease after rocky start to Memorial Day weekend
A Delta Airlines commercial aircraft approaches to land at John Wayne Airport in Santa Ana, California January 18, 2022. Mike Blake | Reuters Flight disruptions continued Sunday but eased from the rocky start to Memorial Day weekend, a test for carriers as they gear up for a busy summer travel season after more than two […]
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Help (mostly) wanted: A diverging job market boosts some workers’ prospects and puts others on notice
A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks are forming in the U.S. labor market as some companies look to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Snap and Facebook-parent Meta recently announced they plan to be more […]
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Space stocks had a rough first quarter as several companies struggled with supply chain disruptions
Virgin Orbit’s modified 747 jet “Cosmic Girl” releases the company’s LauncherOne rocket for a mission on January 13, 2022. Virgin Orbit Space companies reported results for the first quarter of the year over the past several weeks – with many CEOs complaining of supply chain disruptions pushing back hardware deliveries and launch schedules. “Everyone’s getting […]
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Priceline CEO Brett Keller: Airports will be busy with travelers throughout the summer
Priceline CEO Brett Keller joins CNBC’s ‘Squawk Box’ to discuss how consumers are shifting their summer travel plans amid higher prices. Source
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Airbus sets up UK-based facility that will focus on hydrogen tech for aircraft
A model of one of Airbus’ ZEROe concept planes, photographed in November 2021. The firm has said it wants to develop “zero-emission commercial aircraft” by the year 2035. Giuseppe Cacace | Afp | Getty Images Airbus is launching a U.K.-based facility focused on hydrogen technologies, a move which represents the firm’s latest attempt to support […]
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As demand for summer travel surges, Delta trims schedule in effort to avoid disruptions
Delta airlines airplanes are seen parked at Hartsfield-Jackson International Airport in Atlanta. Camilo Freedman | Lightrocket | Getty Images Delta Air Lines is cutting about 100 flights a day from July 1 through Aug. 7, becoming the latest carrier to scale back capacity in hopes of avoiding flight disruptions for thousands of travelers. The summer […]
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