Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday. Source link
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers. CEO David Calhoun said the company is in “a […]
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers. Boeing’s CEO said the company is in “a tough […]
Boeing CEO David Calhoun will step down from the embattled plane maker at the end of the year as part of a broad management shakeup after a series of mishaps at one of America’s iconic manufacturers. Stan Deal, president and CEO of Boeing‘s commercial airplanes unit, will retire immediately. Stephanie Pope, the company’s chief operating […]
When government leaders and virtue-signaling billionaires make poor decisions, they never seem to suffer consequences. Only the victims of their arrogance and greed have to pay the price. In a news release Wednesday, the Amazon-backed electric-vehicle manufacturer Rivian announced poor fourth-quarter 2023 financial results and dismal 2024 expectations, which led to a 17 percent decline […]
Politicians are often takers. They take our money (and freedom) in the name of achieving goals they rarely achieve. Elon Musk and Sen. Elizabeth Warren may be the best examples of maker and taker. They’re the stars of my video this week. Warren shouts, “Tax the rich!” She especially […]
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