A progressive group pushing Congress to raise the corporate tax rate is launching an ad campaign targeting FedEx and Nike, two large American companies with light federal tax bills. Tax
Continue reading »Home »
United Airlines tells staff it's hiring hundreds of pilots next month as carrier plans for a travel recovery
United plans to resume hiring of hundreds of pilots as travel demand recovers. The carrier is the first large U.S. airline to restart hiring of pilots, a turning point in
Continue reading »United Airlines flies to JFK for the first time since 2015, taking advantage of pandemic lull
United last flew to JFK in 2015 and the current CEO called that departure a mistake. The Chicago-based airline is starting out with two round trips from Los Angeles and
Continue reading »On an island north of Scotland, tidal power is providing juice for electric vehicles
The waters around Scotland are home to a number of interesting projects focused on tidal power. While there is excitement surrounding the potential of marine energy, its current footprint remains
Continue reading »Lamborghini reports record profits in 2020, CEO teases electric future
Despite a mandatory factory shutdown of over two months during the Covid-19 pandemic, the "raging bull" of the auto world delivered 7,430 cars in 2020, down only 9% from the
Continue reading »Tesla won't be 'king of the hill' in electric vehicles forever, says ex-board member Steve Westly
Former Tesla board member Steve Westly told CNBC on Tuesday that the company is facing serious competition in electric vehicles. "Tesla is not going to be king of the hill
Continue reading »Electric bikes could get much cheaper under a new proposal from two House Democrats
A new proposal from two House Democrats could dramatically cut the cost of buying a new e-bike. The E-BIKE Act aims to make e-bikes more accessible and to cut the
Continue reading »Elon Musk, now the world's richest person, is selling all his possessions so people know he's serious about colonizing Mars
Elon Musk, who on Thursday surpassed Jeff Bezos to become the world's richest person, says he is selling all his possessions. The billionaire wants to have as much capital as
Continue reading »Transit Systems Dodge Worst Cuts for Now With $27 Billion U.S. Aid
The $27 billion cash infusion for U.S. transit agencies that Congress included in year-end legislation will help avoid draconian service cuts but still leaves them facing sharp declines in ridership
Continue reading »For Public Transit, the Stimulus Is a Lifeline — But a Short One
The $900 billion pandemic stimulus package that the U.S. Congress passed on Monday night includes $14 billion of aid for public transit — enough to halt the sweeping service and staffing cuts that several of the nation’s largest
Continue reading »