Text size Workhorse, NIO, Tesla, Nikola, and Tortoise have gained nearly 180% in the past month. Now its shares are trading, on average, 146% above Wall Street’s price targets. When stocks go up like this, they become difficult to value. STR / AFP via Getty Images Shares of an electric …
Read More »Air travel jumps over the weekend of July 4, but continues to drop sharply since 2019 amid pandemic
Airline passengers wearing face masks arrive and depart from D Concousre at Las Vegas McCarran International Airport on Tuesday, June 30, 2020. Bill Clark | CQ-Roll Call | fake pictures More travelers traveled to heaven over the July 4 weekend, but airlines still face insignificant demand compared to last summer …
Read More »Boeing killed its 747 Jumbo Jet. This is why.
Text size Photograph by KAMIL KRZACZYNSKI / AFP via Getty Images Bloomberg reported Thursday that defense and aerospace business giant Boeing is unplugging its iconic double-decker 747 jumbo jet. It is a decision that has taken a long time to arrive. But it is not a surprise. The move was …
Read More »European stocks up on data, but US holidays keep stocks closed
European stocks were to snap a four-session winning streak on Friday, with bullish economic data overshadowed by lingering concerns about rising virus cases in the US. The Stoxx Europe 600 SXXP Index, -0.96% It fell 0.6% to 365.91, just after a gain of close to 2% on Thursday. For the …
Read More »JetBlue and the pilots union reach an agreement to avoid permits until May 2021
The JetBlue aircraft flies over New York City as a tribute to health workers and first responders, as seen from Weehawken in New Jersey on May 7, 2020. Kena Betancur | AFP | fake pictures JetBlue Airways and the union representing the airline’s pilots reached an agreement that avoids involuntary …
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