EV truck maker Nikola is looking to raise more cash through by selling additional stock.
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You don’t need to tip when you buy coffee, Shake Shack founder Danny Meyer says
Shake Shack, the chain that Danny Meyer founded, added tipping at its restaurants last year.
Continue readingVolkswagen will start testing self-driving cars in Austin as it moves on from Argo AI
Volkswagen will deploy about 10 of its ID Buzz electric vans equipped with autonomous-driving systems developed with Mobileye by the end of 2023.
Continue readingFord’s U.S. sales jump 9.9% on big gains for its F-Series trucks
Ford’s overall truck sales, a key driver of the company’s profits, were up 23% in the first half of the year from the same period […]
Continue readingMortgage demand drops to lowest level in a month, as interest rates rise
Rising interest rates had a direct impact on mortgage demand, which had been rising for weeks.
Continue readingJetBlue says it will end American Airlines partnership after losing DOJ antitrust case, will focus on Spirit
A federal judge ordered JetBlue and American to undo their partnership in the Northeast, ruling it violated antitrust law.
Continue readingGM second-quarter sales increase 18.8% as supply chain stabilizes
Auto industry forecasters project industry sales to have increased 16% to 18% during the second quarter compared with a year earlier.
Continue readingModerna strikes deal to develop mRNA drugs in China
The deal is the biotech company’s first agreement with China after the Asian nation repeatedly refused to accept mRNA vaccines from U.S.-based manufacturers.
Continue readingMajor League Pickleball names new CEO and COO to capitalize on surging popularity
Julio DePietro and Bruce Popko will focus on growing MLP sponsorships, building the media rights business, and licensing and merchandising strategy.
Continue readingThe 2023 movie box office will need a strong second half after an inconsistent first six months
While the domestic box office has tallied $4.46 billion in sales through June 30, a nearly 20% increase over the same period in 2022, it […]
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