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Transportation

Hertz shares plummet after weak Q1, $250 million stock offering

by Adam Aitken

DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering. Hertz shares were off more …

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San Jose mayor Mahan, local congressman Liccardo lend support as Waymo applies to bring robotaxis to the city

by Francesco Algarotti

Robotaxi company Waymo is seeking to continue expanding in the Bay Area, and has applied for final approval to offer its driverless services in San Jose, where Mayor Matt Mahan …

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United Airlines (UAL) Q1 2025 earnings

by Leila Aboulela

A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container Terminal in Jersey City, New Jersey, on April 8, 2025. …

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Britain’s Jaguar Land Rover suspends U.S. shipments

by Francesco Algarotti

Vehicles outside a Land Rover dealership in Tucson, Arizona, US, on Tuesday, April 1, 2025. Bloomberg | Bloomberg | Getty Images British carmaker Jaguar Land Rover said it will pause …

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American Airlines, Spirit cut summer profit forecast on costs

by Leila Aboulela

An American Airlines plane sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on february 23, 2023 Daniel Slim | Afp | Getty Images American …

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UAW may implement targeted strikes if no deals reached with automakers

by Francesco Algarotti

Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT — The United …

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Ford to double F-150 hybrid pickup production as EV sales growth slows

by Betti Alver

2024 Ford F-150 PowerBoost Platinum hybrid Ford DETROIT — Ford Motor plans to double production of a hybrid version of its F-150 pickup truck as the company grapples with slower-than-expected …

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UPS CEO Carol Tome sells investors on new Teamsters labor contract

by Adam Aitken

UPS CEO Carol Tome introduces U.S. President Donald Trump for an event at a UPS facility at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S., July 15, 2020.  Jonathan Ernst …

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Wall Street sees potential upsides of UAW auto strikes

by Adam Aitken

United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – Many on Wall Street view potential …

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SpaceX near rocket market monopoly is ‘huge concern:’ Lazard banker

by Adam Aitken

Vikram Nidamaluri, Managing Director of Telecom, Media, and Entertainment at Lazard, speaks during a panel at the World Satellite Business Week conference on Sept. 11, 2023. Michael Sheetz | CNBC …

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