EV startup Fisker raises going concern doubts, shares plunge
By Zaheer Kachwala and Abhirup Roy (Reuters) -EV startup Fisker warned on Thursday it might not be able to continue…
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Exclusive-GM’s Cruise valuation slashed by more than half, adding to woes
By Greg Bensinger (Reuters) -General Motors’ Cruise saw its internal share price cut by more than half from a quarter…
Automakers question feasibility of California 2035 EV sales mandate plan
By David Shepardson WASHINGTON (Reuters) -Major automakers said on Wednesday that a California plan to end the sale of gasoline-only…
Snowflake forecasts weak first-quarter product revenue, shares slump
(Reuters) -Snowflake forecast first-quarter product revenue below Wall Street estimates on Wednesday on expectations that customers would cut back on…
Trump loses bid to pause $454.2 million judgment in NY civil fraud case
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -Donald Trump on Wednesday lost a bid to pause a $454.2…
Google hit with $2.3 billion lawsuit by Axel Springer, other media groups
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups…
Stocks pause as key inflation data eyed
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed near flat on Tuesday ahead of inflation and other economic data…
US launches antitrust investigation into UnitedHealth, WSJ reports
(Reuters) -The U.S. Department of Justice has launched an antitrust investigation into UnitedHealth Group, the Wall Street Journal reported on…
Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar
By Juveria Tabassum (Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduce” costs this year after…
EBay beats earnings estimates on strong U.S. holiday spending
(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy consumer spending during…