FedEx pilot leaders passed a resolution approving a strike authorization vote on Friday.
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Lucid’s revenue falls short of estimates as it guides to higher EV production in 2023
Lucid built just 7,000 of its Air luxury sedans last year amid manufacturing challenges but expects to make between 10,000 and 14,000 vehicles in 2023.
Continue reading‘Rust’ prosecutor said gun enhancement for charge was wrong, Alec Baldwin’s lawyers say
Alec Baldwin’s lawyers had called the gun enhancement for one of the “Rust” manslaughter charges unconstitutional.
Continue readingStarbucks CEO Howard Schultz calls new olive oil coffee drinks ‘transformational’
Starbucks CEO Howard Schultz said the new olive-oil coffee could disrupt the market.
Continue readingTerran Orbital stock surges after winning $2.4 billion contract to build satellites for Rivada
Terran Orbital shares surged after the company announced a $2.4 billion contract to build communications satellites for Rivada.
Continue readingNikola will offer a hands-free highway driving system for its trucks starting next year
Nikola said several of its fleet customers, including PGT Trucking and Christenson Transportation, have agreed to test prototype PlusDrive-enabled semitrucks.
Continue readingWalmart CEO Doug McMillon vows to keep private labels priced low to fight inflation
Walmart CEO Doug McMillon intends to keep the company’s private brands priced low in order to help bring down high prices across the industry.
Continue readingSpaceX adjusts Starlink monthly pricing for residential customers based on service capacity
Starlink prices will rise for residential users in “limited capacity” areas but will fall for users in “excess capacity” areas, effective April 24.
Continue readingTarget bets on e-commerce by investing $100 million in hubs to speed up delivery
Target plans to have at least 15 delivery hubs across the country by January 2026.
Continue readingJeep, Dodge maker Stellantis posts record annual profit, announces $4.47 billion shareholder payout
Carmaker Stellantis on Wednesday announced record full-year results, reporting a 26% rise in net profit to 16.8 billion euros ($17.9 billion) and a 41% annual […]
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