Sanctions Strand Thousands of Russia-Bound Luxury Cars
Some 8,000 luxury cars destined for Russia are parked at the Port of Zeebrugge in Belgium as authorities there try...
Transportation
American, United Project Packed Planes This Summer
Airlines said they have reached a new juncture in their recovery from the Covid-19 pandemic, anticipating record revenue in the...
Tesla Posts Record $3.3 Billion Quarterly Profit
Tesla Inc. TSLA -4.96% reported a sevenfold jump in first-quarter profit as consumers snapped up the company’s electric vehicles, though...
China’s Latest Covid-19 Lockdowns Begin to Drag on the Economy
China’s strict Covid-19 lockdowns in Shanghai and other industrial hubs are beginning to weigh on its economy, with auto sales...
Airlines Have Been Staffing Up, Hoping for a Smoother Summer
Facing a summer of packed flights, airlines are striving to avoid the blunders of a year earlier. Carriers say they...
Spirit to Start Talks With JetBlue Over $3.6 Billion Deal
Spirit Airlines Inc. said it would entertain JetBlue Airways Corp.’s unsolicited $3.6 billion bid to buy the airline and start...
U.S. Takes First Enforcement Actions Against Alleged Violators of Russia Export Controls
WASHINGTON—The U.S. took its first actions Thursday to enforce sweeping restrictions on the export of technology and industrial goods to...
Frontline and Euronav Merge to Create Tanker Giant in $4.2 Billion Stock Deal
Two of shipping’s biggest names, Norway-based Frontline Ltd. and Belgium’s Euronav NV, have agreed to merge in a move that...
Tesla Deliveries Rose in Quarter Elon Musk Calls Exceptionally Difficult
Tesla Inc. vehicle deliveries rose in the first quarter, but missed Wall Street expectations as the company struggled with global...
FedEx Says Fred Smith to Step Aside as CEO, Remain Executive Chairman
FedEx Corp. founder Fred Smith is stepping down as chief executive of the company he started more than 50 years...
WSJ News Exclusive | FAA Safety Chief to Be Named Acting Leader
The Federal Aviation Administration’s safety chief is expected to lead the agency on an acting basis after the current administrator,...
A Black Box From China Eastern Airlines Plane Crash Is Found
HONG KONG—Rescuers have recovered one of the black boxes from the Boeing 737 that crashed into a mountainous rural area...
Canadian Pacific Railway Work Stoppage Threatens New Supply-Chain Snarl
Canadian Pacific Railway Ltd. trains were halted Sunday morning following an impasse in contract negotiations between the company and its...
Canadian Pacific Railway Threatens Lockout in Labor Dispute
A lockout or possible strike action at Canadian Pacific would strand large volumes of shipments of commodities and manufacturing and consumer...
Uber Imposes New Customer Fees to Offset Gas Prices
Uber Technologies Inc. is imposing a temporary surcharge on U.S. customers to soften the blow to drivers from mounting gas...
Biden Bans Imports of Russian Oil, Natural Gas
The U.S. is banning imports of Russian oil, President Biden said, targeting the lifeblood of Moscow’s economy as the West...
Ukraine War Plunges Auto Makers Into New Supply-Chain Crisis
BERLIN—After a pandemic and a global chip crunch, Russia’s war in Ukraine has unleashed auto makers’ third supply-chain crisis in...
Western Companies Pull Back From Russia in Response to Ukraine Invasion, Sanctions
BP PLC said Sunday it would exit its nearly 20% stake in Russian oil producer Rosneft, after pressure from the...
Global Air Travel Is Disrupted by Russian Invasion of Ukraine
Competing aviation sanctions and the narrowing of airspace available for commercial travel over Russia and Eastern Europe are adding strain...
Inside Subway’s Turnaround Plan
Subway, which has the most locations of any restaurant chain in the U.S., is pursuing a new way to try...
