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The future of aviation may be this Jetsons-like air taxi. I saw it fly over NYC for the first time.

Electric air taxis buzzing over Manhattan are moving from sci-fi fantasy to something much closer to reality. Loading audio narration… Along the Manhattan waterfront on Friday, a small crowd gathered to watch what would have seemed implausible just a few years ago: a piloted electric flying car lifting off and cruising down the Hudson.The new flying contraptions by US-based Joby Aviation — which has a market value of about $9 billion — have six propellers…

Finance news

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Sam Altman says AI has led to the ‘revenge of the idea guys’

The idea guy’s time has finally come. Loading audio narration… OpenAI CEO Sam Altman, who previously led the famed startup incubator Y Combinator, said that before AI, people used to joke about those who had the next great idea for an amazing startup but lacked the technical expertise to translate…

Business

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Trump announces new tariffs on European cars imported to United States

President Donald Trump announced Friday he was raising tariffs on European cars to 25%, citing the European Union’s noncompliance with the U.S.-EU trade deal.  “I am pleased to announce that, based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I…

Markets

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The EV graveyard: All the electric cars axed by automakers this year

Hyundai confirmed to Business Insider that it will stop selling the Korean-built, standard Ioniq 6 in the US.The retro-styled sedan never matched the success of its crossover sibling, the Ioniq 5 (which the company said saw a surprising 33% sales year-over-year increase in February and another 14% increase in March).Hyundai…

Investing

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