Embraer’s Eve rolls out flying taxi prototype, cash needs covered until 2027

By Gabriel Araujo GAVIAO PEIXOTO, Brazil (Reuters) – Electric aircraft maker Eve has showcased for the first time the full-scale prototype of its “flying taxi,” achieving a milestone as the company aims to obtain certification and enter service in 2026. Eve, controlled by Embraer, rolled out its electric vertical take-off and landing (eVTOL) aircraft prototype…

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Factbox-Thirty Democrats in US Congress have called on Biden to drop out

By Moira Warburton WASHINGTON (Reuters) -Thirty congressional Democrats have publicly called on Democratic President Joe Biden to end his re-election bid after the 81-year-old incumbent’s halting debate performance against Republican rival Donald Trump. They represent more than one in ten Democrats in Congress, where Biden’s party controls 213 seats in the House of Representatives and…

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What caused the global cyber outage?

By Martin Coulter, James Pearson LONDON (Reuters) -A global tech failure disrupted operations across multiple industries on Friday, halting flights and upending everything from banking to healthcare systems.  WHAT HAPPENED? CrowdStrike, a U.S. cybersecurity company with a market value of about $83 billion, is among the most popular in the world, counting more than 20,000…

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Spirit Airlines lowers second-quarter outlook on weak non-ticket revenue

(Reuters) -Spirit Airlines on Tuesday cut its revenue outlook for the second quarter, citing lower-than-expected non-ticket revenue, sending its shares down more than 6% in extended trading. The company now projects quarterly revenue to be $1.28 billion, compared with its earlier estimate of between $1.32 billion and $1.34 billion, the ultra-low-cost carrier said in a…

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