Transportation
Ford beats earnings expectations but forecasts tougher year ahead
DETROIT — Ford Motor beat Wall Street’s top- and bottom-line expectations for the fourth quarter but forecast a tougher year ahead for the company, as CEO Jim Farley promises improvements in vehicle quality and costs. Shares of Ford fell 5% in after-hours trading. Ford’s forecast this year calls for adjusted earnings before interest and taxes […]
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DOT secretary says he spoke with Elon Musk on U.S. airspace reforms
An American Airlines plane takes off as a salvage barge with a crane is positioned near the crash site along the Potomac River after a passenger jet collided with a helicopter while landing at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Sunday, Feb. 2, 2025. Al Drago | Bloomberg | Getty […]
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Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
2024 Lincoln Nautilus Ford DETROIT — President Donald Trump’s move to impose 10% additional tariffs on imports from China this week affects a small number of U.S. vehicles. But those tariffs are also hitting auto parts, which could increase already heightened vehicle prices for consumers. The U.S. in recent years has imported roughly $15.4 billion […]
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Uber beats fourth-quarter revenue expectations but offers soft guidance
Uber shares fell around 7% in premarket trading Wednesday after the ride-sharing company reported fourth-quarter results that beat analysts’ expectations for revenue but offered soft guidance. Here’s how the company did: Earnings per share: $3.21. That does not compare with the 50 cents expected by LSEG. Revenue: $11.96 billion vs. $11.77 billion expected by LSEG. Uber’s revenue […]
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All 67 victims in D.C. plane collision recovered, officials say
Family members visit the crash site on the banks of the Potomac River, where American Airlines flight 5342 collided with a US Army military helicopter, at Ronald Reagan Washington National Airport in Arlington, Virginia, on February 2, 2025. Tasos Katopodis | Getty Images News | Getty Images All 67 victims in last week’s deadly collision […]
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Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet
Boeing spacecraft Starliner is seen from the window of SpaceX’s Dragon capsule “Endeavour” on July 3, 2024, while docked with the International Space Station during the crew flight test. NASA Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut flight turned […]
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Honda’s new EV production revolution begins with $1 billion investment in Ohio
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC MARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio. Honda is in the midst of completing […]
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FAA to restrict helicopter traffic around D.C. airport after fatal airplane collision
The air traffic control at Ronald Reagan Washington National Airport is pictured, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol dome in the background, as seen from Virginia, U.S., January 30, 2025. Evelyn Hockstein | Reuters The Federal […]
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Altitude, communication and congestion: Investigators look for clues in fatal jetliner collision with Army helicopter
The air traffic control at Ronald Reagan Washington National Airport is pictured, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol dome in the background, as seen from Virginia, U.S., January 30, 2025. Evelyn Hockstein | Reuters How an […]
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Implemented or not, Trump’s 25% tariff threat is challenging the auto industry
A car carrier trailer waits in line next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images DETROIT — As President Donald Trump’s threat to impose 25% tariffs on imports from Canada and […]
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