Transportation
U.S. transport chief seeks to boost air traffic control hiring
The air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia. Saul Loeb | AFP | Getty Images U.S. Transportation Secretary Sean Duffy said on Thursday the Trump administration will take steps to boost air traffic controller hiring after a series of recent safety incidents again raised questions about a persistent staffing shortage. The Federal Aviation Administration will open its hiring window to […]
Read More
A third of trucks leaving Singapore’s ports were empty — AI helped cut that number in half
Singapore’s trucking industry has long been weighed down by manpower shortages, high operational costs and wasted trips. Here’s how artificial intelligence helped change that. Efficiency should be everything at one of the world’s busiest shipping hubs. And yet, for years, Singapore’s haulier industry has been weighed down by manpower shortages, high operational costs and wasted […]
Read More
Elon Musk says he’s sending Starlink tech to FAA while saying, without evidence, that air safety is ‘at risk’
Elon Musk said Thursday that he’s sending his Starlink satellite internet terminals to the Federal Aviation Administration while saying, without providing evidence, that current technology poses a risk to air travel safety. The billionaire and top advisor to President Donald Trump, who has been tasked with cutting costs throughout the federal government, posted the claims […]
Read More
After abrupt departure of Lucid CEO, here are the EV maker’s top priorities
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly | Reuters Shares of electric vehicle maker Lucid Group were down more […]
Read More
After abrupt departure of Lucid CEO, here are the EV maker’s top priorities
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly | Reuters Shares of electric vehicle maker Lucid Group were down more […]
Read More
GM raises quarterly dividend, initiates $6 billion stock buyback
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown rival Ford Motor. […]
Read More
Lucid CEO steps down; EV maker plans to more than double production in 2025
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units. […]
Read More
American Airlines flight from New York to Delhi lands safely in Rome after security concern
Brent Lewin | Bloomberg | Getty Images An American Airlines flight from New York to New Delhi, India, landed safely in Rome on Sunday afternoon after it was diverted due to a security concern, which later proved to be “non-credible,” the airline said. American Airlines said Flight 292 “was inspected by law enforcement” after landing […]
Read More
Astronauts vs. Musk: Public spat ensues over claims that politics delayed a flight to Earth
Elon Musk looks on, during the visit of Indian Prime Minister Narendra Modi (not pictured) at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters Elon Musk and European astronaut Andreas Mogensen exchanged barbs online after Musk suggested in a recent interview that two NASA astronauts were left on the […]
Read More
Rivian beats Wall Street’s fourth-quarter expectations, but expects lower deliveries in 2025
Rivian Automotive beat Wall Street’s fourth-quarter earnings expectations and achieved its first gross quarterly profit – a target closely watched by investors – but is forecasting lower sales in 2025. The electric vehicle maker reported a gross profit, which includes production and sales but does not factor in other expenses, of $170 million during the […]
Read More