By Hyunjoo Jin and Joshua Franklin SAN FRANCISCO (Reuters) – Lucid Motors Chief Executive Officer Peter Rawlinson told Reuters on […]
GameStop CFO to step down after Reddit driven stock rally
By Jessica DiNapoli and Subrat Patnaik NEW YORK (Reuters) – GameStop Chief Financial Officer Jim Bell will step down next […]
Oshkosh Defense to build next-generation U.S. Postal delivery vehicles
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service (USPS) said on Tuesday it will award a multibillion-dollar, 10-year […]
Macy’s forecasts upbeat 2021 sales on stimulus checks, online shoppers
By Aishwarya Venugopal and Melissa Fares (Reuters) – Macy’s Inc forecast 2021 sales largely above Wall Street estimates on Tuesday […]
L Brands to test private equity firms’ appetite for Victoria’s Secret again: NYT
(Reuters) – L Brands’ bankers at Goldman Sachs would begin pitching buyout firms about a potential sale of its Victoria’s […]
Spirit posts quarterly loss on pandemic, 737 MAX pain
(Reuters) – Spirit AeroSystems Holdings Inc reported a bigger-than-expected quarterly loss, hurt by fewer aircraft part shipments to top customers […]
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Facebook ‘refriends’ Australia after changes to media laws
By Byron Kaye and Colin Packham CANBERRA (Reuters) – Facebook will restore Australian news pages, ending an unprecedented week-long blackout […]
Nasdaq futures deepen slide ahead of Powell speech
By Devik Jain (Reuters) – Futures tracking the Nasdaq index pointed to a more than 1% drop at the open […]