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Category Archives: Uncategorized

Carvana shares pop as company offers first-quarter guidance, restructures debt

Carvana expects a first-quarter loss of between $50 million and $100 million, drastic improvement from a loss of $348 million it reported a year earlier.

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The Chevrolet Camaro as you know it will fall out of production next year, GM says

GM did not announce a replacement or next-generation of the car, but it said the current sixth-generation muscle car will not be the “end of […]

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Norfolk Southern CEO says he supports parts of new rail safety bills

Norfolk Southern’s CEO, Alan Shaw, said he supported portions of two bipartisan bills aimed at beefing up rail safety.

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Virgin Orbit raising $200 million from investor Matthew Brown, closing deal as soon as Thursday

Virgin Orbit and Brown began deal talks last week, around the same time the company announced it was pausing operations and furloughing most employees.

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Fox, Dominion urge judge to rule in $1.6 billion defamation suit ahead of April trial

Fox News and Dominion Voting Systems met in court as part of the $1.6 billion defamation lawsuit, weeks ahead of the trial is set to […]

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Starbucks is bringing olive oil-infused coffee to a few locations in the U.S. this week

The Oleato line, which was the brainchild of former CEO Howard Schultz, debuted in roughly two dozen Italian cafes in February.

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DirecTV reaches deal to distribute right wing network Newsmax after long dispute

DirecTV said it reached a deal to once again include right wing network Newsmax in its pay-TV service.

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Ford is about to break out big EV losses for the first time

Ford’s reporting changes amount to the most detailed look yet by any legacy automaker into the finances behind the EV business.

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Panera Bread tests Amazon’s palm-scanning technology in St. Louis

Customers at two Panera Bread locations in St. Louis can use their palms to pay for their orders and connect to their loyalty program accounts.

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Virgin Orbit returning ‘small’ team from unpaid pause on Thursday to prep for next rocket launch

Virgin Orbit is returning a “small team” to work on Thursday, as the company aims to prepare for its next rocket launch even as its […]

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