Transportation

Lyft shares plunge on light guidance, continued driver incentives
Technology

Lyft shares plunge on light guidance, continued driver incentives

A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters Shares of Lyft lost more than a quarter […]

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Rocket Lab CEO touts successful helicopter catch of rocket as key toward reusable goals
Business

Rocket Lab CEO touts successful helicopter catch of rocket as key toward reusable goals

The Electron booster comes into view of the company’s helicopter for the catch. Rocket Lab Rocket Lab CEO Peter Beck heralded the company’s first attempt on Monday to catch its Electron rocket booster using a helicopter after launch as “phenomenal,” telling CNBC that the test “achieved 99%” of the company’s goals toward reusing rockets. “Yesterday […]

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NASA chief says competition is making space exploration cheaper, in dramatic shift on contracts
Business

NASA chief says competition is making space exploration cheaper, in dramatic shift on contracts

The Artemis 1 mission Space Launch System (SLS) rocket Frank Michaux / NASA The head of the National Aeronautics and Space Administration on Tuesday discussed a dramatic shift in how the agency plans to issue contracts for its space exploration programs, citing success with cost-saving competitive bids. NASA administrator Bill Nelson, testifying before a Senate […]

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Southwest to offer free Wi-Fi on some flights as it tests service upgrades
Travel

Southwest to offer free Wi-Fi on some flights as it tests service upgrades

OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines will temporarily offer travelers free Wi-Fi on certain flights starting this week, part of a test to bring faster internet to more customers. The carrier has outfitted 40 of its Boeing 737s with upgraded hardware for its Wi-Fi service, according to a memo to employees sent […]

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Shanghai authorities stepped up to help Tesla reopen factory, letter shows
Technology

Shanghai authorities stepped up to help Tesla reopen factory, letter shows

A truck leaves the Tesla Shanghai Gigafactory on April 25, 2021 in Shanghai, China. Visual China Group | Getty Images Shanghai authorities helped Tesla transport more than 6,000 workers and carry out necessary disinfection work to reopen its factory last month amid the city’s lockdown, according to a letter that Tesla sent to local officials […]

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Rocket Lab helicopter catches but drops rocket booster in first reuse attempt
Business

Rocket Lab helicopter catches but drops rocket booster in first reuse attempt

The Electron booster comes into view of the company’s helicopter for the catch. Rocket Lab Space company Rocket Lab briefly caught its Electron rocket using a helicopter after a launch for the first time on Monday, but released the booster and dropped it into the ocean before recovering it. “After the catch the helicopter pilot […]

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Biden administration announces .1 billion to make electric vehicle batteries in the U.S.
Business

Biden administration announces $3.1 billion to make electric vehicle batteries in the U.S.

U.S. President Joe Biden gestures after driving a Hummer EV during a tour at the General Motors ‘Factory ZERO’ electric vehicle assembly plant in Detroit, Michigan, November 17, 2021. Jonathan Ernst | Reuters The Biden administration announced on Monday that it will provide $3.1 billion in funding to support efforts to make electric vehicle batteries […]

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Chrysler parent Stellantis plans .8 billion overhaul of two Canadian factories to build EVs
Business

Chrysler parent Stellantis plans $2.8 billion overhaul of two Canadian factories to build EVs

Flag with the Stellantis logo on the front entrance to FCA’s Mirafiori plant on January 18, 2021 in Turin, Italy. Stefano Guidi | Getty Images Auto giant Stellantis will invest about $2.8 billion to overhaul two Canadian factories to build fully electric and hybrid vehicles, the company said on Monday, as part of its $35 […]

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Biden kicks off  billion plan to boost battery production for electric vehicles
Business

Biden kicks off $3 billion plan to boost battery production for electric vehicles

U.S. President Joe Biden delivers remarks about climate change and protecting national forests on Earth Day at Seward Park in Seattle, Washington, April 22, 2022. Jonathan Ernst | Reuters The Biden administration on Monday announced it will begin a $3.1 billion plan to boost domestic manufacturing of batteries, in a broader effort to shift the […]

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About 150,000 people are using SpaceX’s Starlink internet service daily in Ukraine, government official says
Business

About 150,000 people are using SpaceX’s Starlink internet service daily in Ukraine, government official says

A shipment of SpaceX’s Starlink satellite antennas, also known as terminals, arriving in Ukraine. Fedorov Mykhailo on Twitter Elon Musk’s SpaceX continues to expand its Starlink satellite internet network in besieged Ukraine, with a government official saying that about 150,000 people use the service in the country each day. Ukraine digital minister Mykhailo Fedorov wrote […]

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