American Airlines (AAL) Q4 2022 results

American Airlines (AAL) Q4 2022 results

American Airlines employees help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Alex Wang | Getty Images American airlinesFourth-quarter earnings beat analysts’ expectations as strong travel demand and high fares supported results during a turbulent holiday season. Shares of American rose about 2% in premarket trading on … Read more

Southwest Airlines (LUV) Q4 2022 Results

Southwest Airlines (LUV) Q4 2022 Results

Travelers check in at a Southwest Airlines ticket counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessey | Anadolu Agency | Getty Images South West Airlines said Thursday it expects its holiday slump to continue to weigh on its bottom line, but said it … Read more

Tesla’s price cuts could spark an EV price war

Tesla’s price cuts could spark an EV price war

A Tesla showroom is seen in the City Center mall on January 17, 2023 in Washington, DC. Anna Moneymaker | Getty Images DETROIT — You’re here vehicles in the United States are seeing major price cuts, and that’s proving to be a double-edged sword for the electric car maker and the auto industry as a … Read more

Airport worker sucked into jet engine warned to step back

Airport worker sucked into jet engine warned to step back

An American Eagle Embraer 170, similar to the aircraft involved in the incident.Photo: AaronP/Bauer-Griffin/GC Images (Getty Images) Last month, the National Transportation Safety Board published its preliminary report on a shocking incident that took place at Montgomery Regional Airport in Alabama. On New Year’s Eve 2022, an Envoy Air employee was killed after get sucked … Read more

Tesla plans to spend $3.6 billion more on manufacturing in Nevada

Tesla plans to spend .6 billion more on manufacturing in Nevada

An aerial view of the Tesla Gigafactory near Sparks, Nevada Bob Strong | Reuters Tesla plans to spend an additional $3.6 billion manufacturing batteries and heavy-duty trucks in Nevada, the the company said on Tuesday on social networks. According to his public statements, You’re here intends to hire an additional 3,000 people in two new … Read more

Nigeria Opens Game-Changing Billion-Dollar Deepwater Port in Lagos | Business and Economics News

Nigeria Opens Game-Changing Billion-Dollar Deepwater Port in Lagos |  Business and Economics News

Many existing Nigerian seaports, inherited from the colonial administration, no longer function properly. Nigeria has opened a billion-dollar Chinese-built deep-water port in Lagos that is expected to ease congestion at the country’s ports and help it become an African transshipment hub, processing cargoes in transit to other destinations. President Muhammadu Buhari, who inaugurated the port … Read more

Elon Musk says he would have sold SpaceX shares to take Tesla private

Elon Musk says he would have sold SpaceX shares to take Tesla private

Elon Musk speaks near a Falcon 9 rocket during his announcement that Japanese billionaire Yusaku Maezawa will be the first private passenger to fly around the Moon aboard the SpaceX BFR launch vehicle. DAVID MCNEW | AFP | Getty Images Elon Musk told federal court in San Francisco on Monday that he could have sold … Read more