Transportation
GM unveils new ‘groundbreaking’ EV battery tech, aims to be first to market
General Motors battery technician Steven Petty Jr. focuses on aligning electrodes on an anode sample for a prototype LMR battery cell in the making. Photo by Steve Fecht for General Motors WARREN, Mich. — General Motors expects to pioneer a new “groundbreaking” EV battery technology that the automaker says will reduce costs and boost profitability […]
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Toyota reveals new name, upgraded tech for its sole U.S. EV
Toyota Motor on Tuesday revealed a redesigned version of its sole all-electric vehicle in the U.S., with a simplified name and notable increases in EV technologies and capabilities. The new name for the EV for the 2026 model-year is the “bZ,” cut down from the “bZ4X.” Toyota says the name change is to simplify it […]
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FAA launches Newark airport task force with Verizon, L3Harris executives
U.S. Transportation Secretary Sean Duffy speaks to reporters during a news conference on Newark Liberty International Airport at the Department of Transportation Headquarters on May 12, 2025 in Washington, DC. Anna Moneymaker | Getty Images The Trump administration on Monday announced the creation of an emergency task force comprised of executive experts from Verizon, L3Harris […]
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GM hires ex-Tesla, Aurora exec as chief product officer
The 2026 Cadillac Vistiq EV. Cadillac DETROIT – General Motors has hired Sterling Anderson, a former Tesla executive and cofounder of autonomous vehicle company Aurora Innovation, as its chief product officer. In the newly created position, Anderson will oversee the “end-to-end product lifecycle for both gas- and electric-powered vehicles, including hardware, software, services, and user […]
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FAA weighs reducing Newark flights after hundreds of disruptions
The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena Betancur | AFP | Getty Images U.S. airlines will meet with the Federal Aviation Administration this week to discuss cutting flights at Newark Liberty International Airport after a series of equipment failures and air traffic […]
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Newark air traffic controllers lost contact with planes again in overnight outage
A man stands outside Terminal C with the airport control tower in the background at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers who guide planes in and out of Newark Liberty International Airport lost radar and communication with aircraft before dawn on […]
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Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer
Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025. Kylie Cooper | Reuters Lyft shares climbed 20% Friday after the ride-sharing company upped its share buyback plan and posted better-than-expected gross bookings. During an interview with CNBC’s “Squawk Box,” CEO David Risher said that Lyft isn’t seeing “anything […]
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IAG orders 71 long-haul jets split between Airbus and Boeing
Passenger aircraft, operated by British Airways Plc, at Heathrow Airport Terminal 5. Bloomberg | Bloomberg | Getty Images British Airways owner IAG on Friday unveiled plans to buy 71 long-haul aircraft from Airbus and Boeing, sharing a major fleet expansion across the Atlantic a day after Britain and the U.S. announced a trade deal. The […]
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DOT to address Newark airport issues: Here’s what to know
CNBC’s Phil LeBeau joins ‘Squawk Box’ to report on the latest news. Source
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Carvana’s record quarterly results top Wall Street expectations
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty Images DETROIT — Carvana’s first-quarter results easily topped Wall Street’s expectations as the company reported record sales driven by higher-than-expected industry demand amid fears of price increases due to automotive tariffs. Carvana CEO and co-founder Ernie […]
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