Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services
Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services, the companies disclosed ...
Tag: Transportation
Boeing union backs sweetened contract offer that could end strike, sets vote for Monday
Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the ...
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street’s third-quarter expectations
Ford and Lincoln vehicles are displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama ...
Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs
Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in ...
Volkswagen’s Scout Motors reveals first EVs as it shifts to include plug-in hybrids
Scout Terra pickup truck and Scout Traveler SUV conceptsScoutNASHVILLE, Tenn. — Volkswagen-backed Scout Motors revealed its first electric vehicles Thursday ...
Air taxi firm Lilium plunges 62% after saying main subsidiaries will file for insolvency
German company Lilium produces flying electric passenger drones.LiliumShares of Lilium tanked Thursday after the air taxi firm said in a filing that ...
Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq ...
Embraer CEO says jet maker studying possibilities for a new aircraft
Embraer CEO Francisco Gomes Neto speaks during the Embraer Media Day 2022 at the aircraft factory in Sao Jose dos ...
Stellantis to shutter and sell large testing facility amid cost-cutting efforts
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, ...
Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a ...
