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LEE News7 articles
KC-135 Tanker Emergency Over Qatar Renews Scrutiny of Aging Fleet
A US KC-135 Stratotanker declared an emergency over Qatar, highlighting the strain on the aging tanker fleet amid heightened tensions with Iran.
Hertz Launches Oro Mobility for Uber Robotaxi Fleet; Shares Jump 20%
Hertz shares surged 20% after launching Oro Mobility to manage Uber's robotaxi and human-driven fleets, starting with Lucid vehicles using Nuro self-driving tech in San Francisco.
Sleep Number Stock Jumps on $55M Credit Deal, Easing Liquidity Concerns
Sleep Number shares rose sharply after the mattress maker secured a $55 million lender deal, including a $25M term loan, easing liquidity and credit covenant tests.
Blackstone Enlists Top Golfer Fleetwood in Wealth Management Expansion
Blackstone has appointed professional golfer Tommy Fleetwood as its inaugural global brand ambassador, a strategic move to attract high-net-worth individual investors. The firm's private wealth unit now oversees $302 billion in assets as competition for affluent capital intensifies.
Transocean Gains on Valaris Merger Plan and Strong Fleet Outlook
Transocean shares advanced Monday, buoyed by its proposed merger with Valaris and a report showing over 90% of its fleet is committed through 2026. The deal would create an industry giant with significant pricing power.
Tesla Activates First Semi Megacharger, 2026 Fleet Launch Looms
Tesla has launched its first high-power Megacharger for Semi trucks in Ontario, California, though the station's current 750 kW output falls short of the vehicle's 1.2 MW capability. The company has not revealed how many customer Semis are operational, with a wider delivery push now scheduled for 2026.
Air Canada Commits to Airbus A350-1000 Fleet Renewal in Multi-Billion Dollar Deal
Air Canada has placed a firm order for eight Airbus A350-1000 widebody jets, with purchase rights for eight more, as part of its long-haul fleet modernization. First deliveries are scheduled for the second half of 2030.