Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla
George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a
2023-05-13 06:53
US Urges Recall of 67 Million Air Bag Parts in Safety Mess
US regulators are urging a recall of 67 million air bag inflators they say could explode in a
2023-05-13 06:27
Germany Backs Northvolt Plant in Boost for Europe’s EV Aims
Germany has pledged roughly €1 billion ($1.1 billion) in state support to Europe’s main battery maker Northvolt AB
2023-05-12 21:25
Why Mother's Day is the most hated day in the restaurant industry
From big groups that show up in waves ("most of us are here!"), to food-fussy kids and grandmas to splitting the check dramas, restaurants hate this holiday. This year is expected to be particularly challenging as high inflation and rising menu prices give some restaurant-goers an extra sense of entitlement.
2023-05-12 20:49
Vietnam Tycoon’s EV Arm VinFast Inks $23 Billion SPAC Deal
VinFast, an electric vehicle maker founded by Vietnam’s richest person, is going public through a merger with blank-check
2023-05-12 19:57
UBS CEO: Credit Suisse no longer seeing outflows
LUCERNE, Switzerland (Reuters) -UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and
2023-05-12 16:56
Tesla Recalls 1.1 Million Cars in China Over Braking Defect
Tesla Inc. will need to fix almost every car it’s ever sold in China due to an issue
2023-05-12 16:00
JP Morgan now expects S.Africa 2023 GDP decline on deeper power cuts
JPMorgan in a research note on Friday said it now forecast a 0.2% decline in South Africa's 2023
2023-05-12 15:23
Nissan Shares Rise After Profit Outlook Tops Estimates
Nissan Motor Co. shares rose the most in almost a year after the carmaker raised its operating profit
2023-05-12 13:55
Tesla Tweaks Prices in US Again, Increasing as Much as $1,000
Tesla Inc. raised the prices of its vehicles in the US, adding $1,000 to Model X and S
2023-05-12 11:28
Newcrest extends exclusivity period for Newmont's $20 billion buyout offer
(Reuters) -Newcrest Mining Ltd said on Friday it has extended the exclusivity period by a week for Newmont Corp to
2023-05-12 06:57
JPMorgan Chase CEO Jamie Dimon says Trump doesn't understand the debt ceiling
JPMorgan Chase CEO Jamie Dimon sharply criticized former President Donald Trump on Thursday, saying the 2024 presidential candidate doesn't understand the debt ceiling and what is at stake. It is just "one more thing he doesn't know very much about," Dimon told Bloomberg Television.
2023-05-12 02:54