UAW president slams Stellantis CEO over job cuts, alleged price gouging

UAW president slams Stellantis CEO over job cuts, alleged price gouging

UAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, U.S., March 27, 2023.  Rebecca Cook | Reuters DETROIT – United Auto Workers President Shawn Fain ratcheted up criticism of Stellantis CEO Carlos Tavares in a video Friday afternoon, accusing the chief executive of price gouging consumers and failing to … Read more

Cadillac reveals new ‘Opulent Velocity’ performance EV concept

Cadillac reveals new ‘Opulent Velocity’ performance EV concept

Cadillac Opulent Velocity concept EV Cadillac DETROIT — General Motors on Friday revealed a new all-electric Cadillac concept car designed to preview how the automaker plans to keep its high-performance V-Series vehicles relevant for EVs. The vehicle is called “Opulent Velocity.” True to the name, Cadillac says it’s a balance of ultra-luxury and performance for … Read more

Private jet flights: Covid-era demand wanes

Private jet flights: Covid-era demand wanes

A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington’s Reagan National Airport on June 12, 2024, in Arlington, Virginia. J. David Ake | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to … Read more

New Lincoln Navigator includes spa mode, 48-inch display for gaming

New Lincoln Navigator includes spa mode, 48-inch display for gaming

2025 Lincoln Navigator Lincoln  Ford Motor is updating its Lincoln Navigator to include a 48-inch front display that can be used as a “sanctuary” for spa lovers and gamers alike. The new feature comes as the automaker has redesigned the exterior and interior of the vehicle for the 2025 model year — and as the … Read more

United CEO expresses ‘renewed confidence’ in Boeing after meeting CEO

United CEO expresses ‘renewed confidence’ in Boeing after meeting CEO

United Airlines CEO Scott Kirby celebrates the opening of a new addition to its Flight Training Center in Denver, Colorado, on Feb. 22, 2024. Hyoung Chang | Denver Post | Getty Images United Airlines CEO Scott Kirby says he is optimistic about Boeing‘s recovery after meeting with the manufacturer’s new chief executive. It’s an upbeat … Read more

Lockheed Martin to take Terran Orbital private in $450 million deal

Lockheed Martin to take Terran Orbital private in 0 million deal

Terran Orbital’s banner above the New York Stock Exchange on March 28, 2022. Terran Orbital Lockheed Martin is buying Terran Orbital, the company announced Thursday, with the defense giant reaching a deal to take the struggling spacecraft manufacturer private. The agreement will see Lockheed acquire Terran at an enterprise valuation of nearly $450 million, below … Read more

Alaska Airlines flight attendants reject new contract

Alaska Airlines flight attendants reject new contract

An Alaska Airlines Boeing 737-900ER aircraft on the tarmac at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Monday, Jan. 22, 2024.  David Ryder | Bloomberg | Getty Images Alaska Airlines flight attendants rejected a new labor deal that would have come with immediate raises averaging more than 24%, their union said Wednesday, setting … Read more

NASA astronauts waiting for return decision

NASA astronauts waiting for return decision

NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing’s Starliner to the International Space Station on NASA Log entry: Day 71. Butch Wilmore and Suni Williams are waiting. Boeing is waiting. And throughout the halls of NASA, leaders and engineers are gathering, analyzing and deliberating. Boeing’s Starliner capsule “Calypso” has … Read more

Wizz Air launches $550 ‘all you can fly’ annual subscription pass

Wizz Air launches 0 ‘all you can fly’ annual subscription pass

Wizz Air Malta Airbus A321 neo aircraft spotted at Eindhoven Airport during taxiing, taking off and flying phase in the blue sky.  Nurphoto | Nurphoto | Getty Images LONDON — Travelers in Europe can now take unlimited flights for 499 euros ($550) a year under a new travel subscription service from budget carrier Wizz Air. … Read more

Crypto magnate Chun Wang buys SpaceX polar spaceflight Fram2

Crypto magnate Chun Wang buys SpaceX polar spaceflight Fram2

SpaceX’s Crew Dragon capsule “Endurance” is seen during the Crew-3 mission for NASA on May 5, 2022. NASA Private polar expeditions are reaching a new level: Space. Cryptocurrency speculator Chun Wang bought a SpaceX multi-day flight for an undisclosed amount, the company announced on Monday, with plans to lead the first crewed space mission in … Read more