Congestion Pricing Toll Readers are seen here installed on Third Ave. looking North at E. 60th St. Wednesday, Oct. 4, 2023 in Manhattan. (Photo by Barry Williams for NY Daily News via Getty Images) Barry Williams | New York Daily News | Getty Images The MTA is pushing “pause” indefinitely on New York City’s first-in-the-nation congestion … Read more
[The live stream above is scheduled to start at 9:45 a.m. ET. If you don’t see a video player at that time, please refresh the page. Boeing aims to launch its first Starliner flight with astronauts on Wednesday, in the latest attempt to fly the long-delayed spacecraft. The launch is scheduled for 10:52 a.m. ET … Read more
Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, on Aug. 2, 2023. Carlos Barria | Reuters The Federal Aviation Administration has granted Archer Aviation a key certification that gets the electric air taxi maker closer to eventually flying travelers, the company said Wednesday. Archer is … Read more
The Mustang Mach-E on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Ford Motor’s U.S. new vehicle sales rose 11.2% last month compared to May of last year, boosted by strong sales growth for all-electric and hybrid models. The Detroit automaker on Tuesday reported roughly … Read more
A Jeep Wrangler plug-in hybrid electric vehicle (PHEV) during the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 5, 2023. Stephanie Keith | Bloomberg | Getty Images NEW YORK – Jeep plans to grow U.S. sales of its plug-in hybrid electric vehicles by as much as 50% this year as … Read more
Ford Motor is turning an abandoned train station used for decades as an infamous symbol of Detroit’s downfall and blight into a new technology campus for the automaker and mixed-use property for the city. Michael Wayland / CNBC DETROIT – Ford’s latest project out of the Motor City is the restoration and reopening of an abandoned … Read more
The International Air Transport Association (IATA) raised its profit forecast for the airline industry in 2024 and predicts a record revenue of $996 billion. Nurphoto | Getty Images DUBAI, United Arab Emirates — The International Air Transport Association raised its profit forecast for the airline industry in 2024 and predicts revenue of $996 billion — … Read more
[The livestream started at 8:15 a.m. ET. Please refresh the page if you do not see the video player above.] Boeing aims to launch its first Starliner flight with astronauts on board on Saturday, in a long-delayed final test of the spacecraft. The launch is scheduled for 12:25 p.m. EDT from Cape Canaveral, Florida. Two … Read more
Demand for copper is surging. The red metal, considered a barometer for economic health, is a vital component for the construction and defense industries as well as a key component in electric cars, wind turbines and the power grid. But mining companies are having a hard time keeping up. Existing mines and projects under construction … Read more
With a parade of new models and a marketing tailwind from Formula 1, sports car maker Aston Martin expects to become cash-flow positive this year, according to executive chairman Lawrence Stroll. “We’re now at a really transitional moment, with an inflection point for this company,” Stroll told CNBC. “We’re introducing all our products, finally, after … Read more
