Electric bus maker Proterra files for Chapter 11 bankruptcy protection
Electric bus, van and truck maker Proterra says it is seeking Chapter 11 bankruptcy protection from a federal court in Delaware
2023-08-09 06:46
Judge is asked to block Florida law making it a crime to drive people who are in the US illegally
Civil rights groups are asking a federal judge to stop Florida officials from enforcing a section of a new state immigration law that criminalizes transporting someone who has entered the United States unlawfully
2023-08-09 06:25
Casino owner Penn Entertainment is ditching Barstool for a $2 billion deal with ESPN
Casino owner PENN Entertainment has dropped Barstool, the sports website, agreeing to a $2 billion dollar deal with ESPN to create ESPN Bet.
2023-08-09 06:22
Exclusive-Amazon in talks to become anchor investor in Arm ahead of IPO -sources
By Echo Wang and Anirban Sen NEW YORK Amazon.com is in talks about joining other technology companies as
2023-08-09 06:20
Rivian lifts 2023 EV production target, reassures on liquidity
By Abhirup Roy and Akash Sriram Rivian Automotive on Tuesday raised its full-year production forecast and its chief executive said
2023-08-09 06:20
Hedge Fund Shorts Nio and Honda, Favors Hyundai in Asia EV Race
An Asian hedge fund is shorting some Chinese and Japanese automaker stocks on bets they will lose out
2023-08-09 06:20
US congressional panel probes FTC regulation of vision care insurance
By Kanishka Singh WASHINGTON The U.S. House of Representatives Oversight Committee said on Tuesday it has opened a
2023-08-09 06:18
Commonwealth Bank of Australia Cautions on Economy Even as Profit Climbs
Commonwealth Bank of Australia’s profit climbed as higher interest rates and a buoyant housing market supported results at
2023-08-09 05:58
PE firm KKR acquires $373 million portfolio of Synovus Bank's prime auto loans
Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans
2023-08-09 05:57
Teamsters union pushes for US bankruptcy reform after Yellow's collapse
By Dietrich Knauth NEW YORK The International Brotherhood of Teamsters on Tuesday called for changes to U.S. bankruptcy
2023-08-09 05:56
WeWork says it has 'substantial doubt' about its ability to stay in business
"Substantial doubt exists" about WeWork's ability to continue to stay in business, due to the company's losses, projected cash needs, and increased member turnover, according to the company's second quarter earnings release.
2023-08-09 05:55
Commonwealth Bank of Australia's annual profit rises 6%
Commonwealth Bank of Australia reported a near 6% rise in annual cash earnings on Wednesday on the back
2023-08-09 05:52