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 […]
Continue readingNorfolk 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.
Continue readingVirgin 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.
Continue readingFox, 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 […]
Continue readingStarbucks 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.
Continue readingDirecTV 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.
Continue readingFord 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.
Continue readingPanera 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.
Continue readingVirgin 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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