The EV maker signed a $2.9 billion deal with a Korean company for battery cathode materials, but insurance registrations for its cars in China were weak
4 minThe EV maker signed a $2.9 billion deal with a Korean company for battery cathode materials, but insurance registrations for its cars in China were weak
4 minCompensation packages for oil executives today pay them more to increase their company’s cash flow rather than its production, a shift from historical patterns.
3 minThe Federal Reserve is widely expected to raise interest rates by another quarter of a percentage point in mid-March.
2 minElectric-truck maker Rivian expects to make 50,000 vehicles in 2023. Wall Street was hoping for between 60,000 and 65,000 units.
3 minThe company is still feeling the aftershocks of the explosion of demand during the Covid-19 outbreak—a boom which has now reversed course.
3 minArconic stock surged on report of a potential acquisition. Shares of Norwegian fell after the cruise operator provided earnings guidance for the first quarter and full year below estimates.
2 min“We could have done a better job,” CEO David Solomon said regarding the consumer business, a key element of an effort to make earnings more consistent.
4 minThe Wall Street Journal reported Tuesday afternoon that Arconic is in talks to be acquired by private-equity firm Apollo Global Management.
2 minRegulators have been focusing on crypto companies since FTX’s collapse last November.
2 minThe U.S. is looking at legislation to mitigate risk on multiple fronts, including social media ownership and military spending related to China.
4 minTarget's forecast for fiscal first-quarter profit misses analysts' estimates.
3 min“The specter of a recession in the U.S., as well as in Europe, is receding,” Maersk CEO Vincent Clerc told Barron's.
3 minSolid quarterly earnings have spurred optimism over Alibaba among analysts. But an unnerving development involving a tech financier may warrant caution.
3 minDentsply Sirona posted fourth-quarter adjusted earnings of 46 cents a share, while analysts had penciled in 32 cents a share.
1 minBofA Securities analyst David Barden downgrades shares of Dish to Underperform from Buy.
2 min