Business, Safety, Logistics

Tornadoes Destroy Michigan FedEx Facility but Workers Safe

PAVILION TOWNSHIP, Mich. — Two reported tornadoes struck a Michigan city and the surrounding area May 7, destroying homes and commercial buildings, including a FedEx facility.

May 8, 2024
Government, Business, Safety, Logistics

I-95 in Connecticut Closed for Days as Crash Damages Bridge

NORWALK, Conn. — Workers on May 3 began removing a bridge over a Connecticut highway that was damaged in a fiery crash  — a project expected to keep both sides of I-95 closed through the weekend.

May 3, 2024
Government, Business, Safety, Logistics

Body of Fifth Worker Found After Baltimore Bridge Collapse

BALTIMORE — Authorities said they have recovered the body of a fifth person who was missing after the collapse of the Francis Scott Key Bridge more than a month ago.

May 2, 2024
Business, Technology, Safety, Autonomous

Tesla Stock Leaps on Reports of Chinese Approval of FSD

NEW YORK — Shares of Tesla stock rallied April 29 after CEO Elon Musk paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving software.

April 29, 2024
Government, Business, Technology

Supreme Court Rejects Musk Appeal Over Tesla Tweets

WASHINGTON — The Supreme Court rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some tweets that relate to Tesla.

April 29, 2024
Government, Business, Technology, Safety

NHTSA Investigates Ford Crashes Involving Blue Cruise

DETROIT — Two fatal crashes involving Ford’s Blue Cruise partially automated driving system have drawn the attention of U.S. auto safety regulators.

April 29, 2024
Government, Business, Technology, Logistics, Global Freight

Amazon Web Services to Build Data Center in Northern Indiana

NEW CARLISLE, Ind. — Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced.

April 25, 2024
Business, Technology, Autonomous

Tesla Cuts the Price of Its ‘Full Self Driving’ System

NEW YORK — Tesla knocked roughly a third off the price of its “Full Self Driving” system — which can’t drive itself  — to $8,000 from $12,000, according to the company website.

April 22, 2024
Business, Safety, Logistics

Dali Owner Asks Cargo Owners to Help Cover Salvage Expenses

BALTIMORE — The owner of the massive containership that caused the deadly collapse of a bridge in March wants owners of the cargo on board to cover some of the salvage costs.

April 17, 2024
Business

Tesla Wants Shareholders to Reinstate $55B Package for Musk

AUSTIN, Texas — Tesla will ask shareholders to reinstate a $55 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year.

April 17, 2024