Walmart Inc. is approaching the crucial holiday season on a high note, posting solid third-quarter sales and raising its full-year outlook again, showcasing its resilience in the face of Amazon.com’s advances. Shares rose.
November 14, 2019Search
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Boeing Scuttles Use of Robots for Fuselage Work on 777, 777X Jetliners
Score one for the humans. After four years of trial and error, Boeing Co. is dumping one of its most ambitious forays into automation: the robots that build two main fuselage sections for its 777 jetliners and an upgraded version known as 777X.
November 14, 2019Hacker Seeks About $5 Million Ransom From Pemex by Nov. 30
The hacker behind a cyberattack that has crippled Petroleos Mexicanos’ computer systems since the weekend is hoping to squeeze about $5 million out of the company and appears to have set a deadline of Nov. 30.
November 13, 2019Rail Advocates Push for Pacific Northwest Bullet Train
Last week’s vote in Washington state to roll back car registration fees has scrambled transportation budgets. But Pacific Northwest rail advocates are undeterred in pursuing their vision of a bullet train connection among Portland, Seattle and Vancouver, Canada.
November 13, 2019Volkswagen Breaks Ground on Chattanooga, Tenn., Electric Vehicle Facility
Marking construction of an electric vehicle facility in Chattanooga, Volkswagen of America today broke ground on an $800 million expansion that will add more than 700,000 square feet of new space to its plant.
November 13, 2019Hyliion Makes Gains With Hybrid Electrification
Hyliion CEO and founder Thomas Healy said the company anticipates receiving more investment funds soon. It built an 80,000-square-foot plant, and trucks with its e-axle have accumulated more than 1 million miles of real-world travel as fleets begin to see hybrid-electric powertrains as a timely choice for improved fuel efficiency. And yet, he sometimes feels as if he is on the industry sidelines.
November 13, 2019Jacobs Prepares for Tougher Emissions Standards
Jacobs Vehicle Systems is taking to the road to demonstrate its latest technologies directly to fleets and others as the company retools how it wants to be viewed — as a provider of emissions technology, not just the place for engine brakes.
November 13, 2019Tesla to Build Factory in Germany After Subsidies Announced
BERLIN — Germany on Nov. 13 hailed Tesla’s decision to build its first European factory in the country, days after the government said it would boost subsidies for buyers of electric cars.
November 13, 2019Al Gore’s Fund Leads $400 Million Deal With Convoy
In the four years since it was founded, Convoy Inc. has assembled a lineup of big-name investors that includes Bill Gates, Jeff Bezos and Marc Benioff. It’s adding one more to the list: Al Gore.
November 13, 2019World Thirst for Oil Keeps Growing, With SUVs a Key Culprit
PARIS — The world’s thirst for oil will continue to grow until the 2030s, with climate-damaging emissions climbing until at least 2040 — and consumers’ insatiable appetite for SUVs is a big reason why.
November 13, 2019