Talks Resume in Detroit Amid Threat of Expanding Strike
Wages remain focal point, and investors already are sizing up the potential hits to the automakers’ bottom lines.
Instacart Prices IPO at $30 a Share, at Top End of Expectations
The grocery-delivery company is valued at nearly $10 billion ahead of its long-anticipated public-trading debut Tuesday.
Bankrupt Drugmaker Mallinckrodt Considers Sale of Opioid Business
Some investors, poised to take control through chapter 11, are suggesting the company break up its business units.
Block’s stock has been a laggard lately. Will management shakeup provide a needed jolt?
The head of Block Inc.’s merchant business is stepping down after a long tenure with the company, and Jack Dorsey will assume her role.
EV Maker NIO Plans to Issue $1.0 Billion in Convertible Senior Notes
Electric vehicle maker NIO plans to raise $1.0 billion by issuing convertible senior notes to pare debt and boost its balance sheet.
Nikola Stock Soared 34% After Announcing New COO
The electric truck start-up appointed Mary Chan to the position. She previously held roles at GM and Dell.
Apple’s stock flirts with best day in four months as analyst explains why bears should show caution
“Sentiment and positioning are both so one-sidedly negative” that positive iPhone demand signals could lift stock “quickly higher,” says Mizuho.
Tesla, Saudi Arabia in Early Talks for EV Factory
The kingdom is trying to boost foreign investment but has a contentious history with Elon Musk.
Martin Sorrell’s S4 Capital Lowers Expectations, Citing ‘Challenging’ Macro Backdrop
Advertising group has cut about 500 jobs over the past year, with plans for more cost control “given the current market conditions,” it says.
Prison Health Contractor Expands Texas Two-Step Bankruptcy Tactic
YesCare, among the nation’s largest providers of healthcare in prisons and jails, is nearing a bankruptcy restructuring without filing for chapter 11.
Source: Dow Jones Newswires