Coverage: Tesla shares rise as orders are up

Shares of Tesla Inc., suffering one of the worst stretches in company history, rebounded Thursday after CEO Elon Musk told employees that orders are up. Tom Krisher of the Associated Press had the news: The company’s stock closed up 1.4% to $195.49 on a volatile day that started out with a loss. Tesla stock has shed […]

Jacksonville Biz Journal seeks a transportation reporter

Transportation is one of the biggest industries on Florida First Coast — and we’re looking for a reporter who can build upon our award-winning coverage of the sector. The job entails digging into the news at a seaport that is fighting to grow, an airport about to begin massive construction and a Class 1 railroad that […]

WSJ seeks aviation/aerospace reporter in London

The Wall Street Journal seeks an experienced, news-breaking reporter to cover global aerospace and aviation from London. The beat encompasses one of the world’s biggest and most important industries – the business of building anything that flies, including commercial and military planes, rockets, missiles and drones. On this side of the Atlantic, the anchor of […]

Dallas Morning News hires Arnold to cover aviation

The Dallas Morning News business editor Paul O’Donnell sent out the following announcement to the staff: All, As Mike Wilson so aptly said recently, welcome pastries are far more tasty than going away cakes. So mark your calendars for June 24, when we’ll welcome the arrival of Kyle Arnold to our newsroom as our new […]

Coverage: Uber falls 8% in first day of trading

Uber hit a few potholes on its first day of trading, closing down 8 percent on Friday and reflecting lingering doubts about its future prospects for profitability. Cathy Bussewitz, Michael Liedtke and Tom Krisher of the Associated Press had the news: The ride-hailing company injected investors with a dose of reality right out of the gate, trading at $42 […]

WSJ hires Foldy for auto team in Detroit

The Wall Street Journal has hired Ben Foldy to join its auto team in Detroit as a reporter. He starts next month. Foldy has most recently been at Bloomberg News, where he covered finance and oil markets.  He wrote an analysis of the one-year impact of 2017’s corporate tax reform on the biggest U.S. banks that was shared […]

Coverage: Tesla is cutting the size of its board

Tesla Inc. said it’s shaking up its board with four directors, including three long-time insiders, to leave when their current terms expire, according to a surprise announcement in an SEC filing that posted late Friday. Alan Ohnsman of Forbes had the news: The move is part of a “phased streamlining of the size of the Board to […]

CNBC.com seeks an auto reporter

CNBC Digital is looking for an auto reporter to cover the industry’s biggest and hottest carmakers, focusing on Ford, General Motors, Fiat Chrysler and Tesla in the U.S. The ideal candidate will be able to juggle both breaking real-time news as well as long-form features and executive profiles. It’s a demanding and expansive beat with […]

Coverage: Boeing is cutting 737 Max production

Boeing Co. is cutting production of 737 Max jets as the company moves quickly to finalize a fix that will get the grounded aircraft flying again. Phil LeBeau of CNBC had the news: Boeing’s monthly production of the aircraft, involved in two crashes since October, is dropping by 20 percent from the current level of 52 […]

Coverage: Auto sales post first quarter decline

Major auto makers on Tuesday posted declines in U.S. sales for the first quarter, adding pressure on car companies already grappling with weaker conditions in important markets globally. Adrienne Roberts of The Wall Street Journal had the news: The first-quarter decline makes it likely that full-year U.S. sales will fall below 17 million vehicles for the […]