Ford Motor Co expects to have its U.S. vehicle assembly plants return by early July to building at the rates they did before the coronavirus pandemic shut down the U.S. auto industry for two months, a top executive said on Wednesday.
Wall Street’s main indexes were set to open slightly higher on Wednesday as focus shifted to a Federal Reserve meeting that will deliver the central bank’s first projections on the economy post-coronavirus outbreak.
CAMPBELL, Jun 10, 2020 — CAMPBELL, Calif., June 10, 2020 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (OTCQB: KULR) (the “Company” or “KULR”), a leading developer of thermal management technologies, announced today a passive propagation resistant […]
Starbucks Corp said on Wednesday it expected current-quarter operating income to plunge by up to $2.2 billion, with sales declines for the rest of the year even as stores reopen following easing of coronavirus lockdowns.
Company is Expanding its Global Footprint as Strong Demand for Virtual Meetings and Remote Work Solutions Continue NEW YORK and TORONTO, June 10, Jun 10, 2020 — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) […]
VANCOUVER, Washington, Jun 09, 2020 — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today Nader […]
U.S. consumer prices fell for a third straight month in May and underlying inflation was weak as demand remained subdued amid a recession caused by the COVID-19 pandemic.
VANCOUVER, Washington, Jun 08, 2020 (GLOBE NEWSWIRE via COMTEX) — PDUFA date could be set by the FDA on July 10 CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab […]
U.S. carrier Delta Air Lines said on Wednesday it expects to have $10 billion in cash, cash equivalents, short-term investments and borrowing capacity by year-end.
Fiat Chrysler (FCA) plans to resume production of its Panda small car at its plant in Pomigliano, near Naples in southern Italy, on June 16, a union representative said on Wednesday.
The dollar dropped to a three-month low amid speculation the U.S. Federal Reserve will announce later on Wednesday it intends to keep a recent rise in bond yields in check.
Tesla Inc’s chief executive Elon Musk said that it is time to bring its Semi commercial truck to “volume production”, as the U.S. electric vehicle maker ramps up vehicle production after a brief virus-related shutdown. “Production of the battery and powertrain will take place at Giga Nevada,” Musk said in an email seen by Reuters. …read more […]
Ford Motor Co said on Wednesday it would expand its alliance with Volkswagen AG to produce up to 8 million commercial vehicles.
Social network company Reddit on Wednesday named venture capital investor Michael Seibel to its board, days after co-founder and former director Alexis Ohanian resigned and called for the company to replace him with a black candidate.
In the past, U.S. corporations have largely remained silent as protests erupted over killings of African-Americans by police officers. That changed with the May 25 death of George Floyd in Minneapolis, which has set off a flurry of corporate statements of solidarity with the black community – along with pledges of more than $1.7 billion to advance racial justice and equity.
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