April 19, 2024
“A Boeing engineer-turned-whistleblower who contends that the aerospace giant’s 787 Dreamliner is unsafe to fly due to assembly flaws doubled down on his claims Tuesday, saying that the plane could fall apart and “drop to the ground” midflight unless the… Continue Reading…
March 28, 2024
“Boeing’s BA -0.05%decrease; red down pointing triangle biggest U.S. customers are taking their frustrations directly to its board of directors. A group of airline chiefs recently requested a meeting with Boeing’s board to express concern over the Alaska Airlines accident and production problems… Continue Reading…
February 6, 2024
“U.S. oil and gas drilling has slowed in response to the fall in prices over the last 18 months, but that has not yet translated into slower production, keeping prices under pressure. Exploration and production firms have continued to increase… Continue Reading…
December 20, 2023
“Gas prices look poised to fall below $3 per gallon for the first time since May 2021. Why it matters: Prices at the pump can dictate drivers’ budgets, and have been shown to impact consumer sentiment. Zoom in: The national average price of gas… Continue Reading…
October 4, 2022
“Electric vehicle maker Rivian Automotive said Monday that it produced over 7,000 vehicles in the third quarter, its highest quarterly total to date. The company also confirmed that it remains on track to produce 25,000 vehicles in 2022. Shares of Rivian were… Continue Reading…
October 3, 2022
“Shares of Tesla slid about 7% early Monday after the electric vehicle maker released third-quarter production and delivery numbers on Sunday that fell short of analysts’ estimates. Tesla reported 343,000 total deliveries and 365,000 vehicles produced during the quarter, which missed analysts’ expectations of… Continue Reading…
December 28, 2021
“As great as Iran’s oil reserves are, its gas reserves are even greater, with official estimated proven natural gas reserves of 33.78 trillion cubic metres (Tcm), second only to Russia, 17 percent of the world’s total and more than one-third… Continue Reading…
August 26, 2021
“U.K. car production plummeted to a new low last month, marking the worst July performance for the industry since 1956, according to a trade group. The Society of Motor Manufacturers and Traders said Thursday that U.K. manufacturers built just 53,438 vehicles in… Continue Reading…
August 4, 2020
“BP is planning to slash oil and gas production and pour billions of dollars into clean energy as part of a major strategic overhaul unveiled on Tuesday, alongside a huge second quarter loss and dividend cut. The London-based company said that it plans a… Continue Reading…
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