A 2025 Ford Lightning electric vehicle (EV) at a Ford dealership in Antioch, California, US, on Thursday, Dec. 18, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT — Ford Motor said it will report pretax charges of $600 million in its fourth-quarter results due to adjustments in its employee pension plans and other…
The Portuguese cargo ship MSC Maxine is pictured at the Port of Balboa at the entrance to the Panama Canal in Panama City on April 23, 2025. The Port of Balboa is managed by CK Hutchison Holdings, based in Hong Kong. Martin Bernetti | Afp | Getty Images Panama’s top court has ruled against Hong…
A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet-owned Waymo has informed the National Highway Traffic Safety Administration that one of its driverless vehicles “struck a child near an elementary school” in Santa Monica, California The Jan. 23 incident is now being investigated by…
A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Shares of Carvana plummeted 14.2% Wednesday following short-seller accusations that the online used retailer overstated earnings with the help of businesses controlled by CEO Ernie Garcia III’s family. Gotham City Research alleged Wednesday that the online used car…
Elon Musk is eyeing a blockbuster SpaceX IPO sometime in June, according to financial Times. The billionaire reportedly wants the offer to coincide with both his birthday (June 28) and rare alignment of Mercury, Venus and Jupiter (occurring in early June). However, whenever it does happen, SpaceX’s IPO will likely be one of the largest…
OVER THE PACIFIC OCEAN — The 112 passengers on this Southwest Airlines red-eye flight from Honolulu to Los Angeles were the last in the airline’s more than 54-year history to scramble for a seat on board. Before dawn on Tuesday, Southwest ended its quirky (or anxiety-inducing, depending on the traveler) open-seating policy in favor of…
A view of the snow covered streets as heavy snowfall blanketed Washington, D.C. on Jan. 26, 2026. Celal Gunes | Anadolu | Getty Images The U.S. government is on the brink of a partial shutdown beginning at 12:01 a.m. ET Saturday in large part because of a second recent killing of a U.S. citizen by…
General Motors Chevrolet Traverse sport utility vehicles sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, Feb. 21, 2020. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in…
A worker drives a United Parcel Service (UPS) truck on Oct. 28, 2025 in Los Angeles, California. Mario Tama | Getty Images United Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding down its partnership with Amazon and a multi-year turnaround plan. CFO…
A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing reported revenue ahead of Wall Street expectations for the fourth quarter as the company’s turnaround picked up steam following years of crises. The company’s airplane deliveries last…
