Tag Archives: transportation

Elon Musk Invests $100 Million in Tesla Capital Raise

NEW YORK (TheStreet) — Tesla Motors cofounder Elon Musk is investing $100 million in the company’s stock as the electric car maker uses a sharp rise in its shares to issue stock and repay government loans. Continue reading

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Opt out or left out? The economics of stay-at-home moms 

Conventional wisdom holds that stay-at-home moms do so because they can afford not to work. Instead, experts say, many moms appear to be staying home with their kids because they can’t afford to work.“They just think they don’t have enough education and skill … where their pay would cover their child care, transportation and clothes,” said Stephanie Coontz, a professor of history and family st… Continue reading

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Driving with pets increases crash rates, study says

As the head of the U.S. Department of Transportation, Ray LaHood repeatedly stated his goal to reduce distracted driving, such as talking while driving Continue reading

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Obama to Nominate Foxx as Transportation Secretary: Source

by Julie Pace, AP White House Correspondent WASHINGTON — President Barack Obama on Monday will nominate Charlotte, N.C., Mayor Anthony Foxx as his new transportation secretary. That’s according to a White House official. .. Continue reading

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Official: Anthony Foxx tapped to head Transportation

President Obama to nominate Anthony Foxx to replace Ray LaHood as Transportation secretary. Continue reading

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Part Found Near WTC From Type of Jet Hijacked 9/11

By Verena Dobnik NEW YORK — A rusted piece of airplane landing gear discovered wedged between a mosque and an apartment building and believed to be from one of the hijacked planes that destroyed the nearby World Trade Center on Sept. Continue reading

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GE earnings rise in 1Q on NBC sale

GE says net income rose 16 percent in the first quarter, helped by improved profit from selling aircraft engines and transportation equipment and a gain from its sale of NBC Universal. Continue reading

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Southwest Planes Brush Wings in Detroit

ROMULUS, Mich. — Two Southwest Airlines planes struck each other while leaving adjacent gates at Detroit Metropolitan Airport. Southwest spokesman Chris Mainz says no one was hurt when the planes’ winglets collided Saturday morning Continue reading

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Boeing 787 battery fire was difficult to control

An investigation of a battery fire aboard a Boeing 787 shows mechanics and firefighters made repeated, unsuccessful attempts to put out the blaze through smoke so thick they couldn’t see the battery. The documents released Thursday by the National Transportation Safety Board paint a more dangerous picture of the Jan Continue reading

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Pickup Truck Sales Boost Ford, GM in February

DETROIT (TheStreet) — The U.S. auto industry continued its gains in February, as Ford’s sales rose 9% while GM reported a 7% increase and Chrysler reported a 4% jump Continue reading

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