Yahoo Finance Plus London Heathrow is imposing a two-month cap on daily passenger traffic and asking airlines to stop selling summer tickets. The airport will limit daily passenger traffic to 100,000 departing people through Sept. 11. Bloomberg's Guy Johnson reports on "Bloomberg Surveillance."
While the proposed expansion of EV tax credits sounds like good news for the automakers, several requirements have now been introduced that have the automakers claiming 70% of EVs and PHEVs (plug-in hybrid EV) will not qualify for the credit, and it could get worse from there.
Industry says new manufacturing requirements and income limits could jeopardize $7,500 tax credit for many buyers.
The U.S. government on Monday approved the first Boeing 787 Dreamliner for delivery since 2021, clearing the way for American Airlines to take possession, people briefed on the matter told Reuters. American Airlines said it expects to receive its first Boeing 787 delivery of the year as early as Wednesday and that the plane will enter commercial service in the coming weeks. Earlier on Monday, the Federal Aviation Administration (FAA) said it expected Boeing to resume deliveries of its 787 in coming days after the manufacturer made inspection and retrofit changes needed to meet certification standards.
A handful of commercial electric vehicle (EV) startups are burning through cash fast, racing to bring vans or trucks to market before the funds run out or customers choose to buy from legacy automakers like Ford Motor Co or General Motors Co . Boosted by investor hunger to create the next Tesla Inc, a clutch of commercial EV makers on both sides of the Atlantic have gone public via reverse mergers with special-purpose acquisition companies (SPACs), raising hundreds of millions of dollars as they sought to emulate Elon Musk's success.
Yahoo Finance's Brian Sozzi breaks down Elon Musk's projections for Tesla production over the next 10 years.
Russian airlines, including state-controlled Aeroflot, are stripping jetliners to secure spare parts they can no longer buy abroad because of Western sanctions, four industry sources told Reuters. The steps are in line with advice Russia's government provided in June for airlines to use some aircraft for parts to ensure the remainder of foreign-built planes can continue flying at least through 2025. Sanctions imposed on Russia after it sent its troops into Ukraine in late February have prevented its airlines from obtaining spare parts or undergoing maintenance in the West.
SHANGHAI (Reuters) -Tesla sold 28,217 Chinese-made vehicles in July, nearly two-thirds less than a month earlier as a scheduled upgrade to its factory lines in Shanghai disrupted production. The U.S. carmaker exported 19,756 Model 3s and Model Ys from China last month, the China Passenger Car Association (CPCA)said. In June, it sold 78,906 vehicles and exported 968.
Frederick M. Brown/Daily Mail.com via APA traveling Texas nurse is facing multiple murder charges after running a red light and crashing into traffic while allegedly driving 90 mph in Windsor Hills, California.Los Angeles County District Attorney George Gascón announced on Monday that Nicole Linton has been charged with six counts of murder and five counts of gross vehicular manslaughter for the multi-car crash, which left six people dead. Linton faces a 90-year prison sentence if convicted.Poli
EV startup Rivian is working through growing pains, amid rising raw material costs and chip shortages. Is Rivian stock a buy?
The U.S. government on Monday approved the first Boeing 787 Dreamliner for delivery since 2021, clearing the way for American Airlines to take possession, people briefed on the matter told Reuters. American Airlines said it expects to receive its first Boeing 787 delivery of the year as early as Wednesday and that the plane will enter commercial service in the coming weeks. Earlier on Monday, the Federal Aviation Administration (FAA) said it expected Boeing to resume deliveries of its 787 in coming days after the manufacturer made inspection and retrofit changes needed to meet certification standards.
Tesla stock has rebounded on earnings. China's BYD is expanding overseas as it begins sales of the Seal, a Model 3 rival.
In 2020, two Black Muslim men were removed from an Alaska Airlines flight after a passenger complained about them speaking and texting in Arabic, assuming that they were representing a threat on the flight.
(Bloomberg) -- Baidu Inc. has won approval to deploy the first fully autonomous self-driving taxis on China’s roads, giving it an edge over rivals like Pony.ai Inc. and XPeng Inc.The tech giant has secured permits to operate robotaxis in Wuhan and Chongqing, it said in a statement Monday. The move marks a relaxation of Chinese rules, which previously mandated someone must be in the vehicle to take control in case of an emergency. Baidu will begin to provide fully driverless robotaxi services in
An F/A-18 fighter jet that was blown off the deck of the aircraft carrier USS Harry S. Truman into the Mediterranean Sea during bad weather last month has been recovered, the Navy announced Monday. The more than 32,000-pound F/A-18E Super Hornet, which costs roughly $50 million, was recovered from a depth of 9,500 feet, according to a…
Their boat did not have its lights on when it crashed with another boat, officials said.
Yes, AI/ML systems are better at certain tasks than humans -- but, technically, so are horses. That's no reason to fear robots, argues Gerd Gigerenzer in his new book, How to Stay Smart in a Smart World.
A Southwest Airlines flight attendant suffered a compression fracture to a vertebra in her upper back during a hard landing last month in California, according to federal safety investigators. The National Transportation Safety Board said the impact of landing was so hard that the flight attendant thought the plane had crashed. The safety board completed its investigation without saying what caused the hard landing.
The UK's biggest container port faces an eight-day walkout after staff rejected a pay offer.
The MG4 will be one of the least expensive EVs available in the UK with a starting price oft £25,995 ($31,400).
Yahoo Finance