Uber Ridership Rebounds From Pandemic Lows
Uber Technologies Inc.’s ridership rebounded strongly in the most recent quarter from last year’s pandemic lows, but a continuing driver shortage and uncertainty about how the…
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rail transport
Intel Sets Plan to Again Become World’s Premier Chip Company
The race is on at Intel Corp. as the semiconductor giant pledges to return to the top of its game, committing to produce the world’s best chips within four years.
To get…
WSJ News Exclusive | Self-Driving Truck Startup Embark to Go Public in $5.2 Billion SPAC Deal
Embark Trucks Inc. is merging with a special-purpose acquisition company to go public in a deal that values the self-driving truck startup at about $5.2 billion, the companies said.Founded…
Waymo Raises $2.5 Billion in Funding Round
Waymo LLC said it raised $2.5 billion in its latest investment round as it seeks to continue developing its autonomous-driving technology for passenger cars and in freight hauling.…
Chinese Trucking Startup Seeks to Raise Up to $1.6 Billion in U.S. IPO
Full Truck Alliance Co., a Chinese startup that provides an Uber-like service for the road-haulage industry, aims to raise as much as $1.57 billion from its U.S.…
American Airlines Invests in Electric Flying Taxis
The airline plans to invest $25 million in Vertical Aerospace Group Ltd., a U.K.-based electric aircraft startup. The world’s largest carrier by traffic said it would buy as many as 250 of…