Posts with tag: innovation
Electric vehicle startup Nikola files for Chapter 11 bankruptcy amid market and macroeconomic challenges, plans to auction assets.
Published on: February 19, 2025, 06:00 PM UTC
Gasoline prices expected to rise due to refinery issues and seasonal blend switch.
Published on: February 19, 2025, 05:01 PM UTC
Investment firm KKR offers £4 billion for a majority stake in Thames Water, expanding the pool of potential buyers for the beleaguered utility.
Published on: February 19, 2025, 04:04 PM UTC
Nikola, the electric truck company briefly valued as Ford, has filed for Chapter 11 bankruptcy to sell its assets, joining the growing list of bankrupt zero-emissions vehicle developers.
Published on: February 19, 2025, 04:04 PM UTC
Formula One kicks off its 75th season with new cars, more races, and growing popularity, especially in the US, thanks to Netflix's "Drive to Survive."
Published on: February 19, 2025, 04:01 PM UTC
Tapestry sells Stuart Weitzman to Caleres for $105 million in cash to focus on growth of Coach and Kate Spade brands.
Published on: February 19, 2025, 04:00 PM UTC
Chancellor Rachel Reeves faces pressure to cut spending or raise taxes due to over-optimistic growth and productivity forecasts, leaving her finely balanced Budget vulnerable to downgrades.
Published on: February 19, 2025, 03:04 PM UTC
Stocks fell as President Donald Trump’s latest tariff threats stoked concern about a trade war. The S&P 500 slid from a record and homebuilders sank.
Published on: February 19, 2025, 03:04 PM UTC
Warren Buffett's Berkshire Hathaway (BRK-B) holds a 5.6 million share stake in Constellation Brands (STZ), making it the sixth-largest shareholder of the beer and liquor giant. Shares of STZ jumped 5% on the news, which indicates a positive vote of confidence in the company.
Published on: February 19, 2025, 03:03 PM UTC
The Takeaway from today's Morning Brief, which you can sign up for in your inbox every morning along with a chart of the day, what we're watching, what we're reading, and economic data releases and earnings.
Published on: February 19, 2025, 03:03 PM UTC