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Transportation

UAW Leader Upholds Union’s Ambitious Demands, Criticizes Stellantis Proposals

by Adesola Mojo
UAW Leader Upholds Union’s Ambitious Demands, Criticizes Stellantis Proposals

During a Facebook Live on Aug. 8, 2023, UAW President Shawn Fain Screenshot The leader of the United Auto Workers on Tuesday adamantly defended lofty demands for the union’s members …

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Categories Automobile

GM’s Electric Cadillac Escalade: A Test of EV Strategy and Profitability

by Craig Fedirighi
GM’s Electric Cadillac Escalade: A Test of EV Strategy and Profitability

2023 Cadillac Escalade V-Series Cadillac NEW YORK – General Motors on Wednesday will reveal a new all-electric version of the Cadillac Escalade, testing the luxury SUV’s prestige for a new …

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Categories Business

March set as new target for Boeing Starliner’s inaugural crewed spaceflight

by Craig Fedirighi
March set as new target for Boeing Starliner’s inaugural crewed spaceflight

Boeing’s Starliner spacecraft is seen before docking with the International Space Station on May 20, 2022 during the uncrewed OFT-2 mission. Boeing Boeing said Monday it aims to be ready …

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Categories Business

Q2 Earnings Report of Space Company Redwire (RDW)

by Craig Fedirighi
Q2 Earnings Report of Space Company Redwire (RDW)

A Redwire Corporation banner is displayed at the New York Stock Exchange, Sept. 8, 2021. Source: NYSE Space infrastructure company Redwire said Monday that it nearly erased its net losses …

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Categories Business

Danville’s Rare Gem: Only a Fewer than 200 ’61 Lincoln’s Remain on the Road

by Adesola Mojo
Danville’s Rare Gem: Only a Fewer than 200 ’61 Lincoln’s Remain on the Road

Lincoln’s history has been tumultuous, facing almost three near-collapse moments in its journey. The first instance occurred when it was still an independent company. Henry Ford, the founder of Ford …

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Categories Automobile

Workers at Canadian West Coast ports vote in favor of ratifying a tentative agreement, while railroad congestion persists

by Adrian Jhonsan
Workers at Canadian West Coast ports vote in favor of ratifying a tentative agreement, while railroad congestion persists

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 Members …

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Categories World

Companies tighten their policies on customer perks and rewards such as airline miles

by Craig Fedirighi
Companies tighten their policies on customer perks and rewards such as airline miles

Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting stingier with …

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Categories Business

Astra announces workforce reductions, borrows funds to prioritize spacecraft engine development

by Craig Fedirighi
Astra announces workforce reductions, borrows funds to prioritize spacecraft engine development

An Astra Spacecraft Engine during testing. Astra Struggling space company Astra is cutting 25% of its workforce, the company announced on Friday, and restructuring to focus more on its spacecraft …

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Categories Business

The Transformative Impact of Brightline on Passenger Rail in the United States

by Monica Lozano
The Transformative Impact of Brightline on Passenger Rail in the United States

When it comes to passenger rail in the the U.S., Americans have one option — Amtrak, which is often plagued with high ticket prices and delays. But one Florida-based company …

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Categories Travel

Nikola Corporation (NKLA) Announces Q2 2023 Earnings Update

by Craig Fedirighi
Nikola Corporation (NKLA) Announces Q2 2023 Earnings Update

Nikola TRE FCEV2 Courtesy: Nikola Shares of electric truck maker Nikola fell more than 10% Friday after a complicated second-quarter report, news of a CEO departure and shareholder approval to …

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Categories Business
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