Business Transportation

More

  • Travis Kalanick, chief executive officer of Uber Technologies, speaks during the DreamForce Conference in San Francisco, on Wednesday, Sept. 16, 2015.

    Uber CEO Travis Kalanick says Arianna Huffington of The Huffington Post is joining the ride-hailing service's board.

  • Uber CEO welcomes Huffington to board, comments on IPO

    Travis Kalanick announces Arianna Huffington is joining the board of the ride-hailing service.

  • *Luxury EVs priced above 60,000 euros won't benefit. BERLIN, April 27- Germany is set to launch a new incentive scheme worth about 1 billion euros to get more consumers buying electric cars as it struggles to meet a target of bringing 1 million of them onto its roads by the end of the decade. Currently Germany, the biggest car market in Europe, has only about 50,000...

  • Uber CEO:Investing in China

    We are going to be there for the long run, says Travis Kalanick, Uber co-founder and CEO, talking about competition in China and undertaking legal challenges.

  • Uber's there to make ends meet: CEO

    Travis Kalanick, Uber co-founder and CEO, discusses the benefits of working part-time, and former Gov. Rick Perry, (R-Texas), weighs in on the political fight to stop Uber. Also Arianna Huffington, Huffington Post co-founder, provides insight.

  • Fred Wilson doesn't have money in Uber: CEO

    Travis Kalanick, Uber co-founder and CEO, defends his decision not to take the company public at this time. It's a "little early" in our life cycle to go there, says Kalanick. Also Kalanick weighs in on the "on demand" economy. For the first time in history, work is flexible to life. Also Arianna Huffington provides insight.

  • Arianna and I had a 'connection' from the beginning: Uber CEO

    We have a "simpatico" thing on building companies, says Travis Kalanick, Uber co-founder and CEO, talking about Arianna Huffington joining Uber's board. And Huffington talks about the process. This is about building the company, says Kalanick.

  • DUBAI, April 27- Gulf carrier Qatar Airways said on Wednesday it had some "issues" with the A350 passenger jet and it was putting pressure on planemaker Airbus to resolve the problems. When asked what issues Qatar Airways had with the A350, Al Baker declined to comment, other than to say they related to the supply chain. Qatar Airways is the largest customer of the A350,...

  • *Luxury EVs priced above 60,000 euros won't benefit. BERLIN, April 27- Germany will offer incentives for buyers of electric cars worth about 1 billion euros to stoke consumer interest in battery cars as it struggles to meet a target of bringing 1 million of them on to its roads by the end of the decade. "With this, I believe we will be able to give a boost to quickly move...

  • BEIJING, April 27- China's rail freight volume fell 9.0 percent in the first quarter of 2016 from a year earlier to 791 million tonnes, the country's top economic planner said on Wednesday. The tepid reading comes after China posted its weakest economic growth in 25 years in 2015.. Many China watchers look to rail volumes along with other activity gauges such as...

  • BERLIN, April 27- Germany announced plans on Wednesday to invest a total of around 1 billion euros to promote electric cars, whose number on the roads it wants to bring to 1 million by 2020 from only 50,000 now. "Of this, 300 million euros will be used on the charging infrastructure between 2017 and 2020," Finance Minister Wolfgang Schaeuble said, unveiling the plans...

  • BERLIN/ FRANKFURT, April 27- Airline passengers travelling through Germany are set for a day of disruption after public sector workers at airports started strikes in a bid to push for higher wages. Lufthansa, Germany's largest carrier, said it was cancelling almost 900 flights at airports including Frankfurt and Munich, equivalent to around 60 percent of its...

  • WASHINGTON, April 26- Alphabet Inc's Google unit, Ford Motor Co, the ride-sharing service Uber and two other companies said on Tuesday they are forming a coalition to push for federal action to help speed self-driving cars to market. Sweden- based Volvo Cars, which is owned by China's Zhejiang Geely Holding Group Co, and Uber rival Lyft also are part of the...

  • The U.S. budget carrier earned $61.9 million in the first quarter. Excluding special items such as lease termination costs, profit rose by 2 percent to $72.3 million, or $1.01 per share, compared with the average analyst estimate of 96 cents, according to Thomson Reuters I/B/E/S. "The pricing environment remains very competitive, but we aren't just sitting...

  • The U.S. budget airline said net income grew 45.6 percent from a year ago to $199 million, or 59 cents per share. Analysts on average were expecting 53 cents per share, according to Thomson Reuters I/B/E/S. Sterne Agee CRT analyst Adam Hackel said the cost performance exceeded expectations.

  • GOVERNMENT TO REMOVE CAP ON TAKE-OFFS AND LANDINGS AT NEWARK LIBERTY AIRPORT IS GREAT NEWS.

  • Emirates has ordered 142 of the A380s, of which 75 are in operation, and has used the aircraft to ease runway constraints at its Dubai hub. I think they will continue producing this aircraft, "Sheikh Ahmed told reporters at a travel conference in Dubai. Abu Dhabi- owned rival Etihad has bought stakes in several other airlines including India's Jet Airways, Air Berlin...

  • TORONTO, April 26- Canada's main stock index rose on Tuesday as higher oil prices supported energy stocks, while financial sector and materials stocks also advanced, offsetting losses for railway stocks. The Toronto Stock Exchange's S&P/TSX composite index was up 28.00 points, or 0.20 percent, at 13,823.99, shortly after the open. Seven of the index's 10 main...

  • NAIROBI, April 26- The Kenya Airline Pilots Association issued a two day strike notice to Kenya Airways on Tuesday, demanding the immediate resignation of Chief Executive Mbuvi Ngunze and criticising his turnaround strategy. "This will be the first step towards recovery of Kenya Airways," the association said in a statement. Kenya Airways is one of the largest...

  • DETROIT- April 26- The automotive and tech companies pursuing the driverless car share a utopian belief: Autonomous vehicles will benefit society, eventually saving most of the nearly 33,000 people each year killed in road accidents in America alone. "If the situation was reversed, and we had automated vehicles today and someone proposed to let people drive...

Contact Transportation

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.