Kirsten Korosec

Senior reporter and editor at TechCrunch.

The Latest from Kirsten Korosec

Boeing suspends 787 airplane production

Boeing said Monday it will suspend all 787 operations at its South Carolina factory following a stay-at-home order issued by the governor, effectively putting the company’s entire commercial air

Airbnb turns to private equity to raise $1 billion

Airbnb said Monday that it has raised $1 billion in debt and equity from private equity firms Silver Lake and Sixth Street Partners, even as the online rental marketplace has seen its business plummet

American stocks rally sharply on COVID-19 optimism as earnings loom

Stocks rallied Monday, with all major indices snapping back into positive territories as investors seized on any positive developments in the fight to mitigate the spread of COVID-19, the disease caus

The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

Hi, and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages travel from Point A to Point B. I’m your host Kirsten Korosec, senior transportation report

Stocks drop as unemployment spikes

Stocks fell in regular trading Friday, as all major American indices fell in the wake of a broadly negative jobs report. With more than 700,000 jobs lost in the March data, unemployment in the United

GM and Honda are co-developing two new electric vehicles due to arrive in 2024

GM and Honda will jointly develop two new electric vehicles slated for 2024, the latest move by the two automakers to deepen their existing partnership. Under the plan, the automakers will focus on th

Tesla delivers 88,400 electric vehicles, beating expectations

Tesla delivered 88,400 vehicles in the first quarter, beating most analysts expectations despite a 21% decrease from the previous quarter as the COVID-19 pandemic put downward pressure on demand and

Stocks fall sharply as US government warns of hard weeks ahead

A recent rebound in domestic equity prices faded further into the distance today, as American stocks fell for a second consecutive day following modest Tuesday declines. After rising from new 52-week

Self-driving car engineer Anthony Levandowski files motion to force Uber into arbitration

Anthony Levandowski, the star self-driving car engineer who was at the center of a trade secrets lawsuit, has filed a motion to compel Uber into arbitration in the hopes that his former employee will

Stocks post worst quarter since 2008 financial crisis

The first quarter of 2020 ended with a whimper — with the Dow Jones Industrial Average, S&P 500 and Nasdaq posting their worst quarter in decades — as the COVID-19 pandemic continues to cause

On-demand shuttle startup Via hits $2.25 billion valuation on latest funding round led by Exor

On-demand shuttle startup Via has hit a $2.25 billion valuation following a Series E funding round led by Exor, the Agnelli family holding company that owns stakes in PartnerRe, Ferrari and Fiat Chry

Ford, GE Healthcare to produce 50,000 ventilators by July using this tiny company’s design

Ford and GE Healthcare have licensed a ventilator design from Airon Corp and plan to produce as many as 50,000 of them at a Michigan factory by July as part of a broader effort to provide a critical

The Station: Bird and Lime layoffs, pivots in a COVID-19 era and a $2.2 trillion deal

Hello folks, welcome back (or hi for the first time) to The Station, a weekly newsletter dedicated to the all the ways people and packages move around this world. I’m your host, Kirsten Korosec,

Detroit Auto Show canceled in preparation for FEMA to turn venue into field hospital

The North American International Auto Show, which was scheduled for June in Detroit, has been canceled as the COVID-19 pandemic continues to spread and the city prepares to repurpose the TCF Center in

Trump orders GM to start ventilator production for COVID-19 amid contract dispute

President Donald Trump signed Friday a presidential directive ordering GM to produce ventilators and to prioritize federal contracts, just hours after the automaker announced plans to manufacture the

Tesla to reduce on-site staff at Nevada gigafactory by 75%

Tesla is reducing the number of on-site workers at its Nevada gigafactory by 75% in response to the growing spread of COVID-19, according to an update from Storey County, where the massive plant is lo

TuSimple partners with supplier ZF to mass produce self-driving truck tech

Self-driving truck startup TuSimple is partnering with automotive supplier ZF to develop and produce autonomous vehicle technology, such as sensors, on a commercial scale. The partnership, slated to b

Major automakers Toyota, Honda, FCA extend factory closures

Toyota, Honda and Fiat Chrysler Automobiles will not reopen North American factories at the end of the month as planned, as the COVID-19 disease spreads and dampens demand for new cars, trucks and SUV

Tesla email reveals two employees have tested positive for COVID-19

Two Tesla employees, who had been working at home for nearly two weeks, have tested positive for COVID-19, according to an internal email sent Thursday morning by the company’s head of environme

Tesla CEO Elon Musk: New York gigafactory will reopen for ventilator production

Tesla CEO Elon Musk said Wednesday that the company’s factory in Buffalo, New York will open “as soon as humanly possible” to produce ventilators that are in short supply due to the
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