The trade union Verdi has called for workers at six Amazon sites in Germany to go on strike from Sunday evening for four days in the latest attempt to try to force the U.S. e-commerce group to recognise collective bargaining agreements.
Someone just paid $2.5 million for the very first new GMC Hummer EV electric pickup truck to be produced later this year.
It was for a good cause.
In October of last year, GM officially launched...
Japan’s Nomura Holdings Inc on Monday flagged a potential $2 billion loss at a U.S. subsidiary arising from transactions with a U.S. client, and separately said it would cancel a planned bond issuance due to a significant “event”.
The...
Semiconductor shortage affects the company.
NIO has announced that the semiconductor shortage forced the company to temporarily suspend the vehicle production activity in the JAC-NIO manufacturing plant in Hefei, China.
According to the press release, the...
The Federal Reserve has come a long way from the days of warning about “irrational exuberance.”
Former Fed Chairman Alan Greenspan famously sent up a flare in December 1996 about stretched asset valuations triggered by wild dot-com speculation that...
The Volkswagen Group has wrapped a multiyear internal investigation into Dieselgate, and it says it will try to pry compensation from former CEO Martin Winterkorn and former Audi CEO Rupert Stadler to make up for some of the massive financial damages that...
As Wall Street speculated on the identity of the mysterious seller behind the massive $10.5 billion in block trades executed on Friday by Goldman Sachs Group Inc., investors also pondered just how unprecedented the selloff was -- and whether there’s more to...
WeWork has agreed to go public through a merger with blank-check firm BowX Acquisition Corp, in a deal that values it at $9 billion, the office-sharing startup said on Friday.
The deal marks a steep drop from the $47...
GameStop Corp. is ending the week lower than where it started, even after retail investors refused to let go of their commitment to the stock following an earnings-related selloff.
Investors were quick to get over GameStop’s 12th consecutive quarter...
A global shortage of semiconductor chips is forcing Stellantis to temporally close five North American plants starting next week, the company confirmed Friday afternoon.
The impacted plants are in Illinois, Michigan, Mexico and two in Ontario, Canada. They build...
