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July 4, 2022

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U.S. flight disruptions finally ease as the holiday weekend winds down

CNBC
CNBC – For more and to sign up click here Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois. Andrew Woodley | Universal Images Group via Getty Images U.S. airline delays eased on Monday as weather improved, bringing welcome news for travelers and airlines as the July......

American Airlines scheduling glitch allows pilots to drop thousands of July trips

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CNBC – For more and to sign up click here An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images A glitch in a scheduling program allowed American Airlines pilots to drop thousands......

Tesla delivered 254,695 electric vehicles in the second quarter of 2022

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CNBC – For more and to sign up click here A giant cowboy boot is on display outside the Tesla Giga Texas manufacturing facility during the “Cyber Rodeo” grand opening party on April 7, 2022 in Austin, Texas. Suzanne Cordeiro | AFP | Getty Images Tesla just posted its second-quarter......

UK-based startup Tevva launches hydrogen-electric truck with 310-mile range

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CNBC – For more and to sign up click here U.K.-based startup Tevva on Thursday launched a hydrogen-electric heavy goods vehicle, becoming the latest company to make a play in a sector attracting interest from multinationals like Daimler Truck and Volvo. According to Tevva, which says it has raised $140......

Fourth of July travel surge puts airlines — and passengers — to the test

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CNBC – For more and to sign up click here Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Fourth of July holiday weekend will put airlines to the test after a messy spring angered travelers and drew sharp criticism from Washington. Already......

Self-driving cars from GM’s Cruise block San Francisco intersection in latest problem for autonomous vehicles

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CNBC – For more and to sign up click here A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images Automotive and tech executives have long promised that autonomous vehicles would drive better than humans, but that wasn’t......

Activist investor group asks SEC to investigate Tesla over plan to shrink board

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CNBC – For more and to sign up click here Elon Musk, here seen at an event in New York in early-May, is being aggressively wooed to set up facilities to produce his electric vehicles “end-to end” in resource-rich Indonesia. Taylor Hill | Getty Images Entertainment | Getty Images Activist......

There’s a massive pile-up of car, furniture exports bound for U.S. and it’s spreading across European ports

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CNBC – For more and to sign up click here Labor slowdowns and strikes at the German and Netherland ports are creating a massive pile-up of export containers bound for the U.S. that will take months to clear out. According to the bills of lading found through ImportGenius, some of......

GM’s quarterly sales fall but show improvement from beginning of year

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CNBC – For more and to sign up click here The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors’ U.S. vehicle sales were down about 15% in the second quarter from a......

GM warns of manufacturing issues in second quarter but stands by forecast for the year

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CNBC – For more and to sign up click here Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images DETROIT – General Motors on Friday......

American Airlines offers pilots nearly 17% raises in new contract proposal

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CNBC – For more and to sign up click here Pilots talk as they look at the tail of an American Airlines aircraft. Mike Stone | Reuters American Airlines CEO Robert Isom on Thursday said the carrier has offered its pilots pay raises totaling nearly 17% under a new contract,......

FCC authorizes SpaceX to provide mobile Starlink internet service to boats, planes and trucks

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CNBC – For more and to sign up click here The Starlink logo is seen in the background of a silhouetted woman holding a mobile phone. Sopa Images | Lightrocket | Getty Images The Federal Communications Commission authorized SpaceX to provide Starlink satellite internet to vehicles in motion, a key......

Captain Minnie Mouse, ‘Frozen’ and a $5,000 Star Wars cocktail: Disney pins big hopes on new Wish cruise ship

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CNBC – For more and to sign up click here Captain Minnie poses on board Disney’s newest cruise ship The Wish. Disney It’s been a decade since Disney has expanded its cruise fleet. Its newest addition, set to launch in a couple weeks, is a 1,119-foot floating theme park. The......

Spirit delays shareholder vote on merger hours before meeting to continue deal talks with Frontier, JetBlue

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CNBC – For more and to sign up click here A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines on Wednesday delayed shareholder vote on its proposed merger with Frontier Airlines......

Fight for Spirit Airlines goes down to the wire with competing bids from Frontier and JetBlue

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CNBC – For more and to sign up click here A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The most heated airline battle in recent years comes to a head......

New car quality declined sharply this year with supply chain problems, says J.D. Power

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CNBC – For more and to sign up click here Billboards at the Ziegler Cadillac, Buick and GMC Dealership in Lincolnwood, Illinois, the United States. U.S. General Motors Co. Joel Lerner | Xinhua News Agency | Getty Images New vehicle quality declined by 11% this year amid parts shortages, shipping......

The housing market slowdown is showing up in shipping data from China

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CNBC – For more and to sign up click here Spending cutbacks by the consumer already led to a decrease in Chinese manufacturing orders by U.S. importers of 20-30%, as recently reported by CNBC, and more recent data from U.S. shippers shows the housing market slowdown is now showing up......

American Airlines’ regional carrier offers pilots triple pay to pick up trips in July

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CNBC – For more and to sign up click here American Airlines Embraer ERJ-145 regional jet aircraft as seen on final approach landing at New York JFK international airport in NY, on February 13, 2020. Nicolas Economou | Nurphoto | Getty Images American Airlines‘ regional carrier Envoy Air is offering......

JetBlue ups offer for Spirit Airlines as shareholder vote on Frontier bid approaches

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CNBC – For more and to sign up click here LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC JetBlue Airways again increased its offer for Spirit Airlines as a shareholder vote for the discounter’s deal to merge with Frontier is just......

Frontier Airlines sweetens offer for Spirit merger as shareholder vote looms

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CNBC – For more and to sign up click here A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines has sweetened its offer to combine with fellow budget carrier......

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