Taxpayers Shelled Out Millions To Boost Electric Vehicle Maker That Just Went Belly Up Will Kessler on June 27, 2023 Electric Vehicle maker Lordstown Motors Corp. (LMC) announced it was…
EL PASO, Texas – U.S. Customs and Border Protection officers working at the Bridge of the Americas cargo facility intercepted 146 pounds of cocaine. The drugs were concealed in a…
ROME (Reuters) – Italy’s Chinese-owned luxury yacht maker Ferretti said on Tuesday its shares have been admitted to Borsa Italiana’s Euronext Milan exchange. Share trading, due to start on June…
By Allison Lampert, Joanna Plucinska and Maiya Keidan PARIS/TORONTO (Reuters) -A year ahead of the Paris Olympics, flying taxi maker Volocopter wants to prove to executives at the Paris Airshow…
(Reuters) -Electric vehicle maker Rivian Automotive expects demand for its pickups and sport-utility vehicles to remain stable through the year, it’s finance chief said, even as higher borrowing costs and…
LONDON (Reuters) – Goldman Sachs said on Friday the appointments of Mehmet Simsek as Turkish finance minister and Hafize Gaye Erkan as central bank governor suggested a widespread understanding in…
(Reuters) – Electric vehicle (EV) startup Faraday Future Intelligent Electric launched its limited edition FF 91 2.0 Futurist Alliance vehicle on Tuesday, priced at $309,000. The company said the model…
(Reuters) – U.S. chemical maker Dow Inc said on Thursday it had signed a long-term supply agreement with bio-conversion company New Energy Blue for plastic materials made from corn residue,…
Biden Admin Pulls The Plug On $200 Million Grant To China-Backed EV Battery Maker John Hugh DeMastri on May 23, 2023 The Biden administration has decided against offering a $200…
By Victoria Waldersee and Joseph White MUNICH (Reuters) – Electric car maker Fisker Inc is exploring collaboration with other companies to scale up market share faster, Chief Executive Henrik Fisker…
PARIS (Reuters) – The head of planemaker Airbus said on Wednesday U.S. engine maker Pratt & Whitney has been struggling to support its fleet of passenger jets with enough spare…
By Granth Vanaik and Jessica DiNapoli (Reuters) – Clorox Co raised its annual sales and profit forecasts on Tuesday, banking on higher product prices that helped the household staples maker…
By Richa Naidu LONDON (Reuters) – Unilever’s store ice cream brands, which include Ben & Jerry’s and Magnum, are losing market share to supermarket own-brands as consumers seek cheaper alternatives…
(Reuters) – Whirlpool Corp on Monday reported better-than-expected results for the first quarter, mainly on the back of strong demand for its refrigerators and washing machines in North America –…
HONG KONG (Reuters) – China’s BYD Co Ltd, the world’s largest electric vehicle (EV) maker, plans to build a $290 million lithium cathode factory in Chile’s northern Antofagasta region, said…
(Reuters) – Workers from Tesla’s Shanghai factory have taken the unusual step of posting on social media to appeal to Elon Musk and the Chinese public after being told over…
(Reuters) – Rovio Entertainment, the company behind the mobile game Angry Birds, confirmed on Saturday that it is in talks with Japan’s Sega Sammy Holdings Inc over a possible tender…
By Clotaire Achi LIMOGES, France (Reuters) – French armoured truck maker Arquus, specialised in manufacturing high-tech off-road military vehicles, has gone back to producing more low-tech undercarriages for howitzers as…
(Reuters) – Constellation Brands Inc forecast full-year profit above Wall Street estimates on Thursday, benefiting from price increases aimed at combating elevated costs and strong demand for its high-end beer…
Ammo Maker Says It Can’t Expand Because TikTok Videos Are Hogging All The Power Micaela Burrow on March 27, 2023 A leading ammunition manufacturer said TikTok data centers in the…
HYATTSVILLE, MD – A pizza maker from Hyattsville played the $50,000 Cash scratch off game from Maryland Lottery and hit the jackpot. According to the Maryland Lottery, the pizza guy…
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) – Southeast Asia’s biggest urea fertiliser maker PT Pupuk Kalimantan Timur (Pupuk Kaltim) plans to invest at least $1 billion to increase…
By Daphne Psaledakis and Michelle Nichols WASHINGTON (Reuters) -The United States on Thursday imposed sanctions on a China-based network over accusations it has shipped aerospace parts to an Iranian company…
By Marie Mannes (Reuters) – Electric vehicle (EV) maker Polestar on Thursday posted a smaller quarterly loss, maintained its 2023 production outlook and said it would not engage in price…
(Reuters) – Italian motorbike and scooter maker Piaggio said on Thursday it was confident about its 2023 targets despite a challenging macroeconomic and geopolitical backdrop, after posting record results last…