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Category Archives: Uncategorized

Nikola will soon find out whether its shareholders have approved its plan to sell more stock

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.

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Volkswagen 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.

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Ford’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 […]

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Mortgage 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.

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JetBlue 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.

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GM 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.

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Moderna 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.

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Major 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.

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The 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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