Virgin Hyperloop One, one of the bold plans for the new form of high-speed transportation, took a big step this week in the search for a real-world test case — in Missouri, smack dab in the middle of America's heartland. » Read More
By: David Reid
Campaigners claim the expansion is a "shameful" ploy by the airport's New York-based owners. » Read More |
By: Elizabeth Gurdus
Jim Cramer ranks the most investable stocks in the industrial space, which includes railroad operators, manufacturers and aerospace plays. » Read More |
By: Carmin Chappell
Saudi Arabia has terminated a planned deal with Virgin Hyperloop One following founder Richard Branson's decision to halt investment talks with the country over missing journalist Jamal Khashoggi's whereabouts. » Read More |
Virgin Hyperloop One is "very close" to deploying the technology in India, Richard Branson told CNBC.
The tech giant declined to disclose how much it will invest in Grab, but the start-up said it is on track to raise about $3 billion in funds this year and has already secured $2 billion from Toyota and institutional investors.
General Electric is in dire need of a turnaround and will pay its new CEO handsomely if he can pull one off.
The Amazon chief explained that while the solar system has plenty of resources that can be used by future generations, the current cost of space travel is far too expensive.
Tesla says China has put an import tariff of 40 percent on its vehicles, compared with 15 percent for other vehicles imported to China.
General Electric's board of directors removed John Flannery as CEO due to frustration with the pace of his turnaround plan for the embattled industrial conglomerate, sources familiar with the situation told CNBC.
The Transbay Transit Center in San Francisco was envisioned as a "Grand Central Station of the West,'' but has been beset by complications that included an $800 million cost overrun and extensive construction delays, USA Today reports.
General Electric's painful year has been a boon for those who are betting against the legacy industrial conglomerate.
Tesla CEO Elon Musk faces a range of penalties from the civil charges the SEC revealed Thursday, according to a former chair of the Securities and Exchange Commission.
General Electric shares fell to a new 9-year low on Monday, dropping to levels not seen since July 13, 2009.
A 45-year-ban on flights over U.S. soil is to be removed as aerospace firms attempt to address noise concerns.
Younger buyers are investing in homes in such states as Ohio, Michigan and Wisconsin in search of affordable living and new places to plant down roots.
With Hurricane Florence set to deliver a devastating blow to the Carolinas beginning late Thursday morning, residents there are bracing for the worst. Here are 11 jobs that go into overdrive when a natural disaster strikes.
In an email to BuzzFeed News, Musk accuses the cave diver of being a "child rapist," in the strongest words the billionaire has had for him since calling him a "pedo" in July.
New York City's expensive real estate market gets a consistent boost from wealthy foreigners snapping up pricey apartments.
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