DETROIT – A federal judge took a notable step Tuesday by ordering CEOs of General Motors and Fiat Chrysler to meet and settle a lawsuit over whether one company had a competitive advantage over the other when union leaders bathed in cash and others. advantage. G’M G’M, -3.69% has charged …
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Text size Private company Lordstown Motors has entered the fray, unveiling its all-electric pickup, Endurance. Servpro, a fire and water damage restoration company, has promised to order 1,200 trucks. Courtesy photography The fully electric truck space is getting crowded. More market participants compete for a share of this lucrative segment …
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Text size Justin Sullivan / Getty Images Shares of Dell Technologies soared in recent operations after The Wall Street Journal reported that the company hired advisers to consider options for the company’s 81% stake in business software company VMware.. A transaction would be intended to address the valuation disparity between …
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Proposals by Climate Action 100+ investor signatories calling on major oil and power companies to disclose lobbying and improve governance on climate change garnered record support during the last season of shareholder representation. In particular, a majority of 53% of the shareholders of Chevron Corp. CVX, -0.16% voted in favor …
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The numbers: Sales of newly built single-family homes occurred at a seasonally adjusted annual rate of 676,000 in May, the government reported Tuesday. That represented a 16.6% increase from the revised downward pace of 580,000 in April. Compared to the previous year, new home sales increased 12.7% in May. Analysts …
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