Business

In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive on Tuesday reported a loss for the second quarter that was narrower than expected and raised its production guidance for the
0 Comments
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Eli Lilly on Tuesday raised its full-year guidance as second-quarter profit jumped 85% from the same period a year ago on strong sales from the pharmaceutical giant’s drug pipeline. The company now expects full-year revenue of between $33.4
0 Comments
Affirmative action supporters and counterprotesters shout at each other outside the U.S. Supreme Court building in Washington, D.C., June 29, 2023. Kent Nishimura | Los Angeles Times | Getty Images Even before the Supreme Court‘s ruling on affirmative action policies in college admissions, the nation’s top business leaders expressed concern over how the decision could
0 Comments
In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT An Astra Spacecraft Engine during testing. Astra Struggling space company Astra is cutting 25% of its workforce, the company announced Friday, and restructuring to focus more on its spacecraft engine business, which will delay progress on the small rocket it has been developing. Astra is
0 Comments
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Barbie The Movie Courtesy: Warner Bros.  “Barbie” is less than $100 million away from topping $1 billion at the global box office. Heading into the weekend, the bubblegum pink flick from Warner Bros. Discovery and Mattel has tallied $916.1 million. It’s expected to hit the
0 Comments
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola TRE FCEV2 Courtesy: Nikola Electric truck maker Nikola said on Friday that its CEO, Michael Lohscheller, will step down effective immediately due to a “family health matter.” Nikola’s current board chair, former General Motors vice chairman Steve Girsky, will take over as CEO. Lohscheller
0 Comments
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola Tre BEV Courtesy: Nikola Electric truck maker Nikola won shareholder approval to issue new stock, the company said late on Thursday. The vote paves the way for Nikola to raise additional funds to support the launch of its fuel-cell-powered electric Tre semitruck and the buildout
0 Comments