Ferrari CEO Benedetto Vigna says a third of new buyers are under 40
Despite a waiting list of three years for some of its cars, Ferrari’s CEO said the company has no plans to supercharge production to meet demand. “We are a brand …
Transportation
Major shipping routes are struggling with water shortages
A ship navigates the Panama Canal in the area of the Americas’ Bridge in Panama City on June 12, 2023. Luis Acosta | Afp | Getty Images An increasing number …
Redwire, Sierra partner to make drugs on inflatable space habitat
An ADSEP with blue PIL-BOXs, hardware which will be delivered to Sierra Space for the LIFE habitat pathfinder mission. Redwire Space infrastructure company Redwire is putting a biotech technology test …
Pentagon awards $1.5 billion to Lockheed Martin, Northrop Grumman
An artist illustration shows the functions of the Space Development Agency’s satellite constellation. Space Development Agency The Pentagon’s Space Development Agency on Monday awarded $1.5 billion in contracts to Lockheed …
Pebble Beach Monterey Car Week: Most expensive cars sold
A 1962 Ferrari 250 GT SWB Coupe sold at auction at the 2023 Monterey Car Week. Credit: Gooding & Company A $30 million Ferrari led the parade of trophy cars …
American Airlines pilots approve labor deal with big raises
An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida. Joe Raedle | Getty Images American Airlines pilots approved a sweetened labor …
Axiom Space raises $350 million from Saudi and Korean investors
Chief Engineer Jim Stein wears the new spacesuit during the Axiom Space Artemis III Lunar Spacesuit event at Space Center Houston in Houston, Texas, on March 15, 2023. – “Since …
Stellantis has discussed moving some truck assembly to Mexico, UAW says
UAW Vice President Rich Boyer addresses union members during a “Solidarity Sunday” rally on Aug. 20, 2023 in Warren, Mich. Michael Wayland / CNBC WARREN, Mich. – Automaker Stellantis has …
’56 Studebaker in Pleasanton a ‘face-lift’ of an earlier model
It will be 60 years on Dec. 31 since the once-great Studebaker Corp. closed down its plant in South Bend, Indiana and laid off thousands, including a young man who …
Nikola (NKLA) Q2 2023 earnings
Nikola TRE FCEV 2. Courtesy: Nikola Shares of electric truck maker Nikola fell more than 26% Friday after a complicated second-quarter report, news of a CEO departure and shareholder approval …