Stellantis revives small EV for US, starting at $34,095
2024 fiat 500e. Stellantis Detroit – Stellantis is reviving the all-electric Fiat 500e for the US market, as the automaker begins releasing electric vehicles domestically to meet stricter fuel economy regulations. Stellantis said Tuesday it expects the small city car to go on sale early next year as a special edition “(500e)RED” model, with prices […]
SpaceX plans to demonstrate NASA refueling for next Starship launch
SpaceX’s next-generation Starship spacecraft is set to launch with its powerful Super Heavy rocket on November 15, 2023, from the company’s Boca Chica launchpad on an unmanned test flight near Brownsville, Texas, US. Joe Skipper reuters SpaceX may attempt a significant demonstration for NASA during the third test flight of its giant Starship rocket, according […]
Activist investor urges Disney to add Nelson Peltz to board
Disney World’s Magic Kingdom in Orlando, Florida. Joe Raddle | Getty Images News | getty images Activist investor Ancora on Tuesday urged Disney to add Nelson Peltz to its board, days after Peltz and his firm, Trian, Started a proxy fight with the entertainment giant, “In an effort to avoid an election contest after a […]
Shein IPO: Lawmakers investigate forced labor
After this, lawmakers are increasing the investigation of Sheen Filed confidentially to go public Last week. One congressman who sits on a key committee is even threatening to legislate to prevent the retailer from doing business if the U.S. Securities and Exchange Commission does not reject its application. Rep. Blaine Luetkemeyer, R-Mo. released a video […]
McDonald’s Investor Day: What to Expect
French fries served at a McDonald’s Corp fast food restaurant in Louisville, Kentucky, US, on Friday, October 22, 2021. Luke Sharrett | Bloomberg | getty images McDonald’s It is expected to share new details about its accelerated expansion plans, a new spinoff brand called Cosmac and digital strategy at its investor day on Wednesday. In […]
Alaska-Hawaii airline merger faces Justice Department investigation
An Alaska Airlines plane takes off from the US Capitol before landing at Reagan National Airport in Arlington, Virginia, US, on January 24, 2022. Joshua Roberts | reuters Alaska Air GroupExecutives worked for months on a plan to buy a rival Hawaiian Airlines, Airlines leaders will now make further efforts to convince regulators that the […]
Alaska Airlines to acquire Hawaiian Airlines in $1.9 billion deal
Alaska Air Group has agreed to buy a competitor Hawaiian Airlines The $1.9 billion deal marks the second proposed airline merger in less than two years, setting up another potential regulatory battle. Alaska will pay $18 a share for Hawaiian and take over the companies’ $900 million loan Said sunday. Hawaiian Airlines shares closed at […]
What strong Black Friday retail sales mean for holiday spending
Shoppers walk around Twelve Oaks Mall in Novi, Michigan on November 24, 2023. Emily Elkonin | getty images Retailers are happy to see shoppers spend big on gifts and decorations after purchasing the turkey and stuffing. But strong performance doesn’t mean those companies will have huge success in their most important holiday quarter. Online spending […]
Amazon buys SpaceX rocket launch for Kuiper satellite internet project
A Falcon 9 rocket launches a Starlink mission on January 31, 2023, from Vandenberg Space Force Base in California. spacex Amazon The tech giant announced on Friday that it has purchased three rocket launches from SpaceX for its Project Kuiper internet satellites. Amazon’s move comes as a surprise, as the company aims to compete with […]
Media stocks get boost from Apple, Paramount streaming bundle report
Jakub Porzycki | Nurfoto | getty images Media stocks surged on Friday wall street journal report that Apple And Paramount Global The two are in early-stage talks to offer a bundle of the company’s streaming platforms. According to a Wall Street Journal report on Friday, the companies have talked about bundling Apple TV+ and Paramount+ […]