Transportation

737 MAX safety tests covering increasingly remote failure risks

The broader risk analyses and simulator scenarios, some details of which haven’t been reported before, show the lengths to which leaders of the Federal Aviation Administration, in coordination with their foreign counterparts, are going to verify the safety of the MAX fleet before allowing the planes to fly again.

Ferrari to unveil 3 models by end of 2019

Ferrari earlier announced that second-quarter profits rose 14%, driven by its Portofino and 812 Superfast models and despite a relatively unfavorable model mix that saw North American sales slip.

Tesla sees profit in 4Q, despite big 2Q losses

Though the trailblazing electric-car company produced a record number of cars, it lost $408 million in the second quarter. However, a company spokesman said that largely reflects one-time events and that on an adjusted basis the second-quarter earnings loss is closer to $120 million.