Polestar’s relatively positive results come after other EV startups like Lucid, Nikola and Rivian reported ongoing problems with supply chains and production.
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Best Buy tops holiday-quarter expectations but warns of further sales declines in the coming year
Best Buy posted earnings and revenue that beat analysts’ estimates for its holiday quarter.
Continue readingSpaceX launches Crew-6 mission for NASA, sending four more astronauts to the space station
SpaceX launched four people from Florida as Elon Musk’s company begins the final of the original six missions awarded by NASA.
Continue readingMacy’s shares jump after holiday-quarter profit tops expectations
Macy’s delivered a bigger profit than expected during the holiday quarter.
Continue readingFord sales jump as supply chain issues improve
Sales of Ford’s F-Series pickups increased 22% last month compared with a year earlier, including a spike in sales of its electric F-150 Lightning.
Continue readingRail unions tell Biden officials that workers have fallen ill at Norfolk Southern derailment site
Leaders from 12 unions met with Transportation Secretary Pete Buttigieg and Amit Bose, administrator of the Federal Railroad Administration, in Washington.
Continue readingMSG Networks to launch streaming service for Knicks, Rangers games
MSG is the latest regional sports network to launch a streaming service
Continue readingNetflix announces a ‘Stranger Things’ stage play is coming to London’s West End
The play joins a growing array of in-person events inspired by Netflix films and shows like “Bridgerton” and “Glass Onion: A Knives Out Mystery.”
Continue readingSen. Bernie Sanders calls vote on possible subpoena for Starbucks CEO Howard Schultz over allegations of union-busting
Starbucks CEO Howard Schultz previously declined to appear at the Senate hearing on allegations of union-busting.
Continue readingPeloton hires former Twitter executive Dalana Brand to be chief people officer
Dalana Brand, the former chief people and diversity officer at Twitter, has been tapped as Peloton’s new chief people officer.
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