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…
Norway paint maker Jotun exits Russia
OSLO – Norwegian paint maker Jotun said on Tuesday it will exit Russia with immediate effect after selling its local assets in the country to industrial group Atomstroykomplex for an undisclosed amount.…
Former Shill For Opioid Maker Is Now Promoting Sex Changes For Children
Former Shill For Opioid Maker Is Now Promoting Sex Changes For Children Laurel Duggan on July 28, 2022 As CEO of the Trevor Project, Amit Paley has promoted biomedical interventions for transgender…
Explosives maker Incitec Pivot’s CEO says no signs of U.S. recession
MELBOURNE – There are no signs of a recession in the United States right now, the head of major explosives producer Incitec Pivot said at an event in Melbourne on Wednesday. Incitec…
Exclusive-India’s top cement maker paying for Russian coal in Chinese yuan
By Sudarshan Varadhan, Aftab Ahmed and Nupur Anand NEW DELHI – India’s biggest cement producer, UltraTech Cement, is importing a cargo of Russian coal and paying using Chinese yuan, according to an…
Elevator maker Kone divests Russia business
COPENHAGEN – Finnish elevator maker Kone said on Tuesday it will sell its business in Russia to local management for an undisclosed amount. The firm had already reduced its activities after Russia’s…
German sugar maker Suedzucker to raise prices, shift to coal power -report
BERLIN – German sugar producer Suedzucker plans “significant” price hikes to offset rising costs and prepares to shift to coal as Russian gas supplies to Western Europe slow in the wake of…
Merck considering purchase of cancer drug maker Seagen – WSJ
(Reuters) – Drugmaker Merck & Co is considering buying cancer-focused biotech company Seagen Inc, the Wall Street Journal reported on Friday, citing people familiar with the matter. Talks have been underway for…
EV maker Nikola ‘evaluating’ making its own battery cells, says CFO
(Reuters) – Electric-truck maker Nikola Corp is “evaluating options” to make its own battery cells in 2024, Chief Financial Officer Kim Brady said on Thursday. “If in-sourcing opportunity is available to us,…
Audi files lawsuit against Chinese EV maker Nio over trademark rights – Handelsblatt
BERLIN – Volkswagen’s Audi has filed a lawsuit in a Munich court against Chinese electric vehicle maker Nio over an alleged infringement of Audi’s trademark rights, German newspaper Handelsblatt reported on Thursday.…
Natura’s CEO steps down in shakeup at Brazil cosmetic maker
By Gabriel Araujo SAO PAULO – Brazil’s Natura & Co Holding SA said on Wednesday that Chief Executive and Executive Chairman Roberto Marques was stepping down in an organizational shakeup, handing over…
EV maker Electric Last Mile Solutions files for bankruptcy
(Reuters) – U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) said on Sunday it is planning to file for Chapter 7 bankruptcy, after a review of its products and…
Cosmetics maker Revlon nears bankruptcy filing – WSJ
(Reuters) – Cosmetics maker Revlon Inc is preparing to file for chapter 11 protection as soon as next week, the Wall Street Journal reported on Friday, citing people familiar with the matter.…
Chinese EV maker Nio to make self-developed battery packs from 2024
SHANGHAI – Chinese electric-car maker Nio said that in 2024 it will start making high-voltage battery packs that it has developed itself, as part of a drive to improve profitability and competitiveness…
Exclusive-Germany’s Rheinmetall bids for Leonardo’s OTO Melara cannon maker
By Angelo Amante, Giuseppe Fonte and Giulia Segreti ROME -Germany’s Rheinmetall has sent Italy’s Leonardo an offer for a minority stake in its OTO Melara cannon maker unit valuing the whole business…
Exclusive: After Ukraine, ‘whole world’ is a customer for Turkish drone, maker says
By Nailia Bagirova BAKU – Ukraine’s destruction of Russian artillery systems and armoured vehicles with Turkish Bayraktar TB2 aerial drones has made “the whole world” a customer, according to its designer. Selcuk…
Fertiliser maker Yara says world faces extreme food supply shock
By Dmitry Zhdannikov DAVOS, Switzerland – Norwegian fertiliser giant Yara says donors urgently need to close the U.N.’s $10 billion food programme funding gap to avoid a catastrophe as sanctions on Russian…
At-Home Bomb Maker Charged After Maryland Bomb Squad Diffuses Numerous Devices
SOMERSET COUNTY, MD – Maryland State Police called in the Maryland bomb squad after finding explosive devices in the home of a subject they were visiting for an unrelated matter. According to…
Enfamil maker Reckitt cranks up operations to put baby formula on U.S shelves
By Richa Naidu LONDON – Reckitt Benckiser is boosting baby formula production by about 30% and making more frequent deliveries to stores as it looks to counter a nationwide shortage in U.S.…
Ford sells shares in EV maker Rivian for $188.2 million
(Reuters) – Ford Motor Co sold 7 million shares of electric carmaker Rivian Automotive Inc for about $188.2 million, or $26.88 apiece, the U.S. automaker said in a filing on Friday. Ford…
Porsche SE says feasibility of sportscar maker IPO depends on market conditions
BERLIN – Porsche Automobil Holding SE cautioned on Friday that the feasibility of a listing of luxury sportscar maker Porsche AG, planned for the fourth quarter of this year, depended on numerous…
Memory chip maker Micron launches new pricing experiment for stability
By Jane Lanhee Lee and Chavi Mehta SAN FRANCISCO – Chipmaker Micron Technology Inc on Thursday announced it was experimenting with a new pricing model for its chips called forward pricing agreements…
Brake maker Brembo says order book full as core earnings climb
(Reuters) – Brake maker Brembo has a full order book and all of its plants are running at full capacity, apart from those in China due to a COVID-19 lockdown, its executive…
Train maker Alstom’s shares slide as cash flow divides
By Juliette Portala (Reuters) – Alstom’s shares slipped sharply on Wednesday, erasing earlier strong gains as the French train maker’s comments on cash flow generation and guidance divided the market. The stock…
Exclusive-Ukraine war spurs U.S. to ramp up security probe of software maker Kaspersky
By Alexandra Alper WASHINGTON – The Biden administration ramped up a national security probe into Russia’s AO Kaspersky Lab antivirus software earlier this year amid heightened fears of Russian cyberattacks after Moscow…
Stainless steel maker Outokumpu shares up more than 6% on strong Q1
HELSINKI -Finnish stainless steel maker Outokumpu saw its shares soar more than 6% on Thursday after reporting stronger-than-expected quarterly profits, boosted by higher prices for stainless steel and ferrochrome. The company said…
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