Millionaire Maker and Shaq Scratch-Off lead big wins for New Jersey players
TRENTON, NJ — A $2 million win on the Millionaire Maker Scratch-Off game topped an exciting week of big lottery wins across New Jersey, with players claiming significant prizes on several Scratch-Off…
Baby formula maker Perrigo buying Nestle’s Good Start brand, Wisconsin plant
By Jessica DiNapoli NEW YORK (Reuters) – Infant formula manufacturer Perrigo Company Plc said on Tuesday it is buying the Good Start brand and a Wisconsin plant that makes the product from…
Rocket maker Firefly Aerospace looks to raise up to $300 million -sources
By David Carnevali and Joey Roulette (Reuters) – FireFly Aerospace, the U.S. rocket builder that reached orbit in space this month, joining the likes of SpaceX and Rocket Lab, is seeking up…
Mexican tequila maker Cuervo sees improved sales growth
MEXICO CITY (Reuters) – Mexican distiller Becle , better known as the parent company of tequila brand Jose Cuervo, updated its 2022 full-year guidance on Friday, improving net sales estimates after posting…
Chemical maker TPC Group reaches $30 million bankruptcy settlement
By Dietrich Knauth (Reuters) – Bankrupt Texas petrochemical producer TPC Group on Thursday announced a $30 million settlement with junior creditors, including people with injury and property damage claims related to a…
Tequila maker Cuervo Q3 earnings beat forecasts amid price hikes
MEXICO CITY (Reuters) – Mexican distiller Becle, better known as the parent company of tequila brand Jose Cuervo, posted a 29.6% jump in third-quarter net profit Thursday, as it hiked prices and…
Car parts maker Valeo posts slight Q3 sales beat, confirms guidance
(Reuters) – French car parts maker Valeo on Thursday posted third-quarter sales slightly above expectations and confirmed its full-year guidance. Valeo, which specialises in the design, production and sale of components and…
Exclusive-Rocket maker Aerojet solicits acquisition offers -sources
By David Carnevali NEW YORK (Reuters) -Aerojet Rocketdyne Holdings Inc, the U.S. rocket maker whose $4.4 billion sale to Lockheed Martin Corp was blocked by antitrust regulators in February, is soliciting offers…
Domino’s Awards ‘World’s Fastest Pizza Maker’
Zagros Jaff, Domino’s 2022 World’s Fastest Pizza Maker Pizza makers from around the world competed for coveted title Las Vegas, NV (-) Domino’s Pizza Inc. (NYSE: DPZ), the largest pizza company in…
Russian soft drinks maker to cut back investments, hiring over new sugar tax
MOSCOW (Reuters) – Chernogolovka, a Russian soft drinks producer hoping to seize market share as Western competitors leave, said a proposed new sugary drinks tax had forced it to scale back investments…
Special Report: How a US firm supplied networking technology to maker of feared Russian missiles
(publishes to additional subscribers) By Aram Roston and David Gauthier-Villars WASHINGTON (Reuters) – Since Russia annexed Crimea in 2014, American companies have been prohibited from dealing with MMZ Avangard, a state-owned firm…
Chemical maker Sika sets higher sales goal for 2023, hikes 2022 outlook
By John Revill ZURICH (Reuters) -Sika expects to increase its sales between 15% and 18% next year, the Swiss company said on Tuesday, after raising its 2022 outlook and putting a chunk…
Electric van maker Arrival misses quarterly production goal
By Nick Carey LONDON (Reuters) – British electric van and bus maker Arrival said on Friday it had missed its third-quarter target to start van production because of supply chain problems, but…
Apple senior exec leaves iPhone maker after remark in viral video
(Reuters) – Apple Inc’s Tony Blevins, a key player in the company’s supply chain operations, is leaving the iPhone maker, the company confirmed on Thursday, without providing a reason. The move comes…
Irn-bru maker warns of margin pressure as inflation soars
By Sinchita Mitra (Reuters) -The British maker of the orange fizzy drink Irn Bru on Tuesday flagged a hit to its second-half margins as it grapples with rising costs and consumers curbing…
China EV maker Leapmotor set to raise $800 million in Hong Kong IPO
By Scott Murdoch HONG KONG (Reuters) – Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48 ($6.12) each in its Hong…
Sports car maker Lotus’s tech arm valued at $4.5 billion in fundraising
SHANGHAI (Reuters) – Lotus Technology, the technology arm of sports car brand Lotus, said on Wednesday it had completed a fundraising that valued the business at nearly $4.5 billion. The unit, part…
FTC seeks more data on Amazon’s $1.7-billion deal for vacuum maker iRobot
(Reuters) – The U.S. Federal Trade Commission (FTC) has asked Amazon.com Inc and iRobot Corp for more information on the e-commerce giant’s $1.7-billion buyout of the Roomba vacuum maker. In a filing…
Chip maker Wolfspeed to build new U.S. factory to meet surging EV demand
By Jane Lanhee Lee (Reuters) – U.S. power chip maker Wolfspeed Inc on Friday said it will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw…
Exclusive-China EV maker Leapmotor puts off $1.5 billion Hong Kong IPO -sources
By Scott Murdoch and Julie Zhu HONG KONG (Reuters) -Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong…
U.S. begins antitrust review of Amazon’s takeover of vacuum maker iRobot – Politico
(Reuters) – The U.S. Federal Trade Commission has begun a review of Amazon.com’s $1.7 billion takeover of robot vacuum maker iRobot Corp to decide if the deal violates antitrust law, Politico reported…
Attorney For Uvalde Shooting Victims Will Name Gun Maker, Border Patrol In $27 Billion Lawsuit
Attorney For Uvalde Shooting Victims Will Name Gun Maker, Border Patrol In $27 Billion Lawsuit Trevor Schakohl on August 22, 2022 A lawyer revealed plans Sunday for a $27 billion lawsuit against…
Jewellery maker Pandora goes big on lab-made diamonds with North American launch
COPENHAGEN – Pandora, the world’s largest jewellery maker, said on Tuesday it would move ahead with its bet on lab-made diamonds, following its announcement last year to stop selling mined diamonds. Copenhagen-based…
EV maker Faraday Future to raise up to $600 million in funding
(Reuters) -Faraday Future Intelligent Electric Inc said on Monday that the electric-vehicle startup will raise up to $600 million in funding as it looks to deliver its FF 91 luxury car later…
EV maker Lucid halves 2022 production forecast as supply chain snarls hit
(Reuters) – Lucid Group on Wednesday halved its production forecast for electric vehicles, blaming extraordinary supply chain and logistics challenges, sending its shares down 10% after the bell. The company now expects…
Truck maker Volvo Group plans to build battery plant
OSLO – Swedish truck maker Volvo Group plans to establish a large-scale production plant for battery cells, gradually building it up towards 2030 to meet a growing demand for zero-emission transportation, the…
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