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Why 2022 is the year to buy your first luxury electric car

Automakers have spent the past year announcing plans for electric vehicle models and production facilities. That makes 2022 a year when growing numbers of consumers will be weighing whether it’s time to buy their first EV. Is it worth taking the plunge? That probably depends on the price point and market segment you’re considering. My view is that the higher ...

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Gas will stay high even after spat with Russia

  When the European energy crisis started in mid-2021, Brussels bet the upheaval would be largely gone by spring. As it became obvious that wasn’t going to happen, it speculated the problems wouldn’t last beyond 2022. That wager looks to be off, too. Away from the daily gyrations of European spot natural gas prices — swinging between worries about a ...

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Boeing $5.5 billion tab for 787 eclipses rare cash flow gain

Bloomberg Boeing Co dropped as the planemaker recorded $5.5 billion in total costs for the 787 Dreamliner, wiping away any near-term profit for the marquee wide-body jet. The charges also overshadowed some rare good news. The aviation titan surprised Wall Street by generating cash for the first time since early 2019: $494 million in free cash flow in the fourth ...

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