New York City taxis fight for survival against Uber and Lyft
New York City’s yellow taxis have been a symbol of the metropolis for decades. But taxi drivers only make up about 10% of the total driver landscape in the city …
Transportation
American, JetBlue to end sales of each others’ tickets
A JetBlue Airways plane passes behind an American Airlines jet waiting to taxi at Ronald Reagan National Airport in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images American and …
Elon Musk’s SpaceX near $150 billion valuation after stock sale
The valuation of Elon Musk’s SpaceX hit near $150 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an agreement with new and …
Airfare is cooling as carriers add service for summer
Passengers at Reagan National Airport in Arlington, Virginia on May 26, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Flights are getting cheaper as airlines boost service during what’s shaping …
Delta Air Lines (DAL) 2Q23 earnings
Nurphoto | Nurphoto | Getty Images Delta Air Lines posted its highest quarterly revenue and earnings ever thanks to searing travel demand that has defied fears of an economic slowdown …
Viasat stock drops after satellite malfunction
A long-exposure photo shows a trail left by SpaceX’s Falcon Heavy rocket while launching the ViaSat-3 Americas satellite from Florida on April 30, 2023. Viasat Viasat‘s stock dropped in after-hours …
United unveils new first-class seats in nearly once-in-a-decade refresh
United Airlines’ new first-class seat. Courtesy: United Airlines United Airlines on Wednesday unveiled its first new seat in nearly a decade for passengers at the front of the plane, becoming …
Rail trade from Canada plummets due to West Coast ports strike
Shipping containers are loaded onto rail cars at the Global Container Terminals Vanterm container terminal on Vancouver Harbour in Vancouver, British Columbia, Canada. Bloomberg | Bloomberg | Getty Images Weekly …
Hazardous chemical polluted air weeks after Norfolk Southern Ohio train derailment, analysis shows
General view of the site of the derailment of a train carrying hazardous waste, in East Palestine, Ohio, March 2, 2023. Alan Freed | Reuters Soon after the derailment of a …
Lucid (LCID) Q2 2023 production and deliveries
Visitors walk at the Lucid Air during the Mobile World Congress 2023 (MWC), the telecom industry’s biggest annual gathering on February 28, 2023 in Barcelona, Spain. Chris Jung | Nurphoto …