Transportation
Uber misses revenue expectations with trips up 18% over last year
Dara Khosrowshahi, CEO of Uber attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 23, 2025. Yves Herman | Reuters Uber reported first-quarter results Wednesday that beat analysts’ expectations for earnings, but fell shy of anticipated revenue growth for the quarter. Shares fell about 5% following the report. Here’s how Uber did versus […]
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Rivian cuts 2025 delivery target, ups expected spending amid tariff pressures
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters Rivian Automotive is negatively adjusting its 2025 targets for vehicle deliveries and capital spending amid President Donald Trump’s tariffs, but the company is also reconfirming its earnings expectations for the year. […]
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Air traffic controllers couldn’t see or talk to planes in equipment failure that led to Newark meltdown
People wait in line for a delayed flight at Newark International Airport on May 5, 2025 in Newark, New Jersey. Spencer Platt | Getty Images Air traffic controllers lost contact with aircraft heading to and from Newark Liberty International Airport last week, their union said, detailing an equipment failure that led to massive flight delays […]
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT – Ford Motor is set to report its first-quarter earnings after the markets close Monday, but investor focus is expected to be more on the automaker’s 2025 guidance and impact of President Donald Trump’s […]
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Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand
The “Saarinen Lobby” inside General Motors’ global design headquarters on the campus of its Warren Technology Center outside of Detroit, Michigan. GM WARREN, Mich. — Walking into General Motors’ global design headquarters is like taking a step back in time. Much of the midcentury-modern architecture and designs have remained untouched since the space opened in […]
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Why the Panama Canal is a big, long-term prize in Trump’s global trade war
The Panama Canal has spent the past few years battling extreme weather, with the El Niño phenomenon and severe drought leading to a water-level crisis. Now, it’s President Trump’s trade war that is threatening the global trade gateway. A critical passage for U.S. East Coast bound ocean freight container traffic, the Panama Canal is facing […]
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Jaguar Land Rover restarts car exports to the U.S., London’s Times reports
A used Range Rover Evoque vehicle for sale at a Land Rover dealership in Tucson, Arizona, US, on Tuesday, April 1, 2025. Bloomberg | Bloomberg | Getty Images Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of U.S. President Donald Trump’s tariffs, London’s Times newspaper […]
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Newark flight disruptions pile up as United Airlines blames FAA staffing, technology
United Airlines airplanes proceed to a runway at Newark Liberty International Airport on Feb. 20, 2025, in Newark, New Jersey. Gary Hershorn | Corbis News | Getty Images United Airlines passengers faced hourslong delays again Friday as air traffic controller staffing issues disrupted more flights at the carrier’s hub at Newark Liberty International Airport in […]
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American Airlines to debut new suites with sliding doors after delays
American Airlines seat for its new Flagship Suite seats TKTK American Airlines‘ new suites with sliding doors are set to start flying on some of its planes in June, a key part of its strategy to compete against more profitable rivals for high-spending customers. American first unveiled the new design in September 2022 and expected […]
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Mercedes-Benz to add new vehicle to Alabama plant amid Trump tariffs
An employee installs parts on the undercarriage of a Mercedes-Benz GLS-Class SUV at the Mercedes-Benz U.S. International factory in Vance, Alabama, on June 8, 2017. Andrew Caballero-Reynolds | AFP | Getty Images Mercedes-Benz on Thursday said it will add a new vehicle to its plant in Alabama amid President Donald Trump’s auto tariffs. The German […]
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