Walt Disney and Salvador Dalí were friends and collaborators. The two men were dedicated to stretching art's boundaries.» Read More
South Carolina is generating some big business in the car and plane industry as a new manufacturing hub takes shape. CNBC's Phil LeBeau reports the details.
Transportation was stalled on the New Jersey Turnpike Tuesday due to a crash. Deborah Hersman, National Safety Council, discusses an increase in car crashes.
CNBC's Phil LeBeau reports on the increase in manufacturing and supplier plants in North Charleston, South Carolina.
WASHINGTON, Aug 4- New orders for U.S. factory goods rebounded strongly in June on strong demand for transportation equipment and other goods, a hopeful sign for the struggling manufacturing sector. The Commerce Department said on Tuesday new orders for manufactured goods increased 1.8 percent after a revised 1.1 percent decline in May.
'SAFE' Energy Security Prize winner is Momentum Dynamics, which offers a high-power wireless charging system for electric vehicles.
'SAFE' Energy Security Prize finalist Steve Boyd | Peloton Technology, describes his cloud based trucking technology.
WASHINGTON, July 31- The cybersecurity issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said on Friday. Mark Rosekind, who heads the National Transportation Safety Administration, said his watchdog agency is trying to...
July 30- Canadian plane and train maker Bombardier Inc posted a 19.4 percent drop in quarterly profit, hurt by weaker sales at its transportation and commercial aircraft unit. The company's net income fell to $125 million, or 6 cents per share, in the quarter ended June 30, from $155 million, or 8 cents per share, a year earlier. Bombardier's shares closed at C $1.95 on...
Robert Wolf, 32 Advisors CEO, discusses the soaring use of commercial drones.
DUBAI, July 29- Dubai International Airport recorded a 16.7 percent year-on-year jump in passenger traffic in June, reflecting runway maintenance during the summer of 2014, the operator of the world's busiest airport by international traffic said on Wednesday. Growth was powered by traditional markets in the Indian subcontinent and Gulf countries, as well...
July 27- Wabtec Corp said it plans to buy France- based Faiveley Transport S.A. for a deal valued at $1.8 billion, including debt. Wabtec, which makes components for the transportation industry, said it has made an offer to the owners of about 51 percent of Faiveley's shares for a purchase price of 100 euros per share. The company said on Monday it expects the deal to add...
While institutional investors may still be keen on large initial public offerings, retail investors in China prefer unique and smaller listings, says Jackson Wong, associate director at United Simsen Securities.
WASHINGTON, July 24- U.S. authorities are investigating possible price gouging by four U.S. airlines while train service was disabled between New York and Washington after a deadly Amtrak crash in Philadelphia in May, the Transportation Department said on Friday. Transportation Secretary Anthony Foxx said the investigation involved Delta Air Lines Inc,...
WASHINGTON, July 24- U.S. authorities are investigating possible price gouging by four American airlines while train service was disabled between New York and Washington after a deadly Amtrak crash in Philadelphia in May, the Transportation Department said on Friday. Amtrak traffic between Washington and New York City was shut down for six days as a result.
WASHINGTON, July 24- The U.S. Transportation Department on Friday began an investigation of possible price gouging by four American airlines in the aftermath of a deadly Amtrak crash in Philadelphia in May. Transportation Secretary Anthony Foxx said the investigation would focus on the practices of Delta, American, Southwest and Jet Blue in the Northeast...
PROBE FOCUSES ON DELTA, AMERICAN, SOUTHWEST, JET BLUE PRACTICES IN NORTHEAST CORRIDOR- TRANSPORTATION SECRETARY FOXX.
LAUNCHES PRICE- GOUGING INVESTIGATION OF FOUR U.S.
Yaniv Goder, GM, Singapore at Uber, explains why the on-demand private car app is delivering ice cream via Uber drivers, electric vehicles and even drones on Friday.
PARIS, July 23- The French government unveiled proposals on Thursday to save local ferry jobs and end a stand-off in the port of Calais in northern France that has repeatedly disrupted traffic in the Channel Tunnel. The Transport Ministry proposals include a commitment by Eurotunnel to establish a ferry charter contract that will save 150 jobs.
Uber fights back against a cap on new drivers in New York City -- and wins.