The S&P 500 ended slightly down on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery.
The S&P 500 ended slightly lower on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery.
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Wall Street lost ground on Monday as unexpectedly robust retail sales data underscored the strength of the U.S. economic recovery, boosting bond yields and prompting a sell-off in market-leading tech stocks.
Boeing Co named a former senior Ford Motor Co and Softbank executive as its head of government affairs as the company continues to deal with the fallout from two fatal 737 MAX crashes.
What happened
Shares of electric-vehicle start-up Fisker (NYSE: FSR) were trading lower on Thursday after a downgrade from a widely followed Wall Street auto analyst.
Boeing Co will name a former senior Ford Motor Co and Softbank executive as its head of government affairs, sources briefed on the matter told Reuters.
Ford Motor Co said on Thursday it would boost its F-150 Lightning production capacity to 80,000 per year due to strong demand for the electric pickup truck, adding that the vehicle would go on sale next spring.
Ford Motor Co said on Thursday it would boost its F-150 Lightning production capacity to 80,000 per year due to strong demand for the electric pickup truck, adding that the vehicle would go on sale next spring.
Rivian, the Amazon.com Inc-backed electric vehicle maker that registered last month for a stock market debut, is aiming to raise between $5 billion and $8 billion with the listing, making it one largest U.S. initial public offerings of recent years, according to people familiar with the matter.
One of General Motors Co's China joint ventures said on Wednesday it is developing auto chips and aims to increase use of locally sourced chips in the next five years.
China's Geely Holding is in advanced discussions with banks to list its Volvo Cars unit in the coming weeks, three sources told Reuters, in what is expected to be one of Europe's biggest initial public offerings (IPOs) this year.
Whether it's a new company promising the "next big thing" or a more recognizable business announcing some surprising news, it's easy for investors -- especially inexperienced ones -- to be seduced by the allure of popular stocks.
(RTTNews) - Retail giant Walmart is set to provide autonomous vehicle delivery service in three cities in the U.S. in partnership with automaker Ford Motor and autonomous driving technology firm Agro AI. This move will enable Walmart to offer last mile delivery to its customers s
U.S. President Joe Biden was scheduled to meet on Wednesday with business leaders and CEOs, as he pushes companies to require workers to be vaccinated amid a surge in COVID-19 infections among those not yet inoculated.