Transportation
A look back at U.S. airlines’ wild 2024: From door plugs to bankruptcy, an IT meltdown and a merger
People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024. Megan Varner | Reuters It’s been another eventful year for U.S. air travel. Just five days into the year, a door panel blew off of a nearly new Boeing 737 […]
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American Airlines temporarily grounded U.S. flights because of technical issue
American Airlines planes sit by their gates at the Miami International Airport on October 25, 2024 in Miami, Florida. Joe Raedle | Getty Images American Airlines grounded flights nationwide Wednesday morning due to a technical issue, snarling travel during what carriers expect to be a period of record demand for the holidays. By 7:55 a.m. […]
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Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says
Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years [and] brought Nissan […]
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Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry
Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26, 2021. Cole Burston | Bloomberg | Getty Images DETROIT — There’s growing concern that President-elect Donald Trump’s plan to impose 25% tariffs on Canadian imports would be an existential threat […]
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Honda and Nissan consider mutual production of vehicles, Kyodo reports
Dilara Irem Sancar | Anadolu | Getty Images Honda and Nissan are considering producing vehicles in one another’s factories as part of their plan to deepen ties and potentially merge, Japan’s Kyodo news agency said on Saturday. Honda will consider supplying hybrid vehicles to Nissan as part of the plan, the report said, without citing […]
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VW reaches deal with union after grueling talks
View of the Volkswagen Osnabrück GmbH plant. Friso Gentsch | Picture Alliance | Getty Images Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last gasp deal between Europe’s top carmaker and unions on Friday to avert mass strikes. The agreement was nevertheless hailed […]
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What a government shutdown could mean for air travel
A lone traveler makes his way past a nearly deserted TSA security screening area at Orlando International Airport ahead of the arrival of Hurricane Milton, on October 9, 2024 in Orlando, Florida. Paul Hennessy | Anadolu | Getty Images A government shutdown is looming just as the peak holiday travel season gets underway. Lawmakers have […]
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How a government shutdown would (and wouldn’t) affect consumers days before Christmas
The US Capitol Christmas Tree is lit up ahead of the Christmas season on the West Lawn of the US Capitol Building in Washington DC., United States on December 3, 2024. Celal Gunes | Anadolu | Getty Images If the government shuts down days before Christmas, holiday travel could be hit but holiday shipping spared. […]
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From Nike to Intel, CEO departures at U.S. companies hit a record this year
Clockwise from top: Former Boeing CEO Dave Calhoun (CNBC), Starbucks former CEO Laxman Narasimhan (Getty Images), former Nike CEO John Donahoe (Reuters), former Intel CEO Pat Gelsinger (Getty Images) TL: CNBC | TR: Getty Images | BL: Reuters | BR: Getty Images Retired, ousted or poached, CEOs headed for the exits this year. U.S. public […]
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Stellantis further delays electric Ram pickup to prioritize plug-in ‘EREV’ model
2025 Ram 1500 Ramcharger Tungsten Ram DETROIT — Stellantis said Wednesday it will further delay an all-electric Ram pickup from 2025 until 2026, as the automaker confronts slower-than-expected adoption of EVs and competitors struggle to make profits on electric trucks. The decision to delay the full battery-electric model, which had already been postponed from this […]
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