Category Archives:
Porsche to incorporate Mobileye automated driving and navigation software
BERLIN (Reuters) - Porsche will incorporate automated assistance and navigation functions from Mobileye's so-called "SuperVision" technology platform in future models, Mobileye said on Tuesday. The ag...
May 09, 2023
Duke Energy misses profit estimates as warm weather weighs on power usage
(Reuters) - Duke Energy Corp on Tuesday missed Wall Street estimates for first-quarter profit, as the gas and electric utilities firm was hit by unfavorable weather, higher interest expenses, and lowe...
May 09, 2023
Valero Energy CEO Joseph Gorder to step down, insider Riggs to succeed
(Reuters) - U.S. refiner Valero Energy Corp said on Tuesday CEO Joseph Gorder would step down from the role on June 30 and named Chief Operating Officer Lane Riggs as his successor. Gorder has led Val...
May 09, 2023
EV startup Fisker cuts annual production forecast
(Reuters) - Fisker Inc on Tuesday cut its full-year production target as the electric-vehicle startup seeks to keep a leash on expenses and posted a smaller first-quarter loss. The company's shares fe...
May 09, 2023
PacWest, Western Alliance lead slide in regional bank stocks
(Reuters) - Shares of regional lenders PacWest Bancorp and Western Alliance resumed their slide in premarket trading on Tuesday as investors feared the ongoing banking crisis could deepen. PacWest dro...
May 09, 2023
Novavax lays off 25% of workforce, releases 2023 outlook
(Reuters) -Novavax said on Tuesday it will reduce its global workforce by 25% as the cash-strapped biotech pushes forward with its plans to slash expenses and navigate tepid demand for its COVID-19 va...
May 09, 2023
Coty lifts profit forecast as luxury shoppers seek cosmetics, fragrances
By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) - Coty Inc on Tuesday raised its annual profit forecast for the second time and beat third-quarter revenue estimates, buoyed by the CoverGirl ...
May 09, 2023
Apollo Global Q1 earnings fall 8%, missing estimates
By Chibuike Oguh NEW YORK (Reuters) - Apollo Global Management Inc said on Tuesday its first-quarter adjusted net income fell 8% year-on-year, missing estimates, as a jump in management fees and inves...
May 09, 2023
Ford to test small UK fleet of hydrogen fuel cell E-Transit vans
By Nick Carey LONDON (Reuters) - Ford Motor Co said on Tuesday it will test a small fleet of prototype hydrogen fuel-cell versions of its electric E-Transit model to see if they are a workable zero-em...
May 09, 2023
PPS board, parents discuss “inappropriate object” at Monday’s meeting
PEORIA, Ill. — Communication was the main issue among the group of Kellar Primary School parents expressing their frustration with the school board following an incident in late April on a Peori...
May 09, 2023
Peoria, IL, USA
41 °F Clear
