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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The coronavirus pandemic has led to a dramatic decline in mortgage rates. But that doesn’t mean that now is a good time to refinance for everyone. Last week, Freddie Mac FMCC, -0.94% It reported that mortgage rates hit a new record low for the fourth time this year, with the …
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Text size Bristol-Myers Squibb is telling analysts this week that its portfolio of developing drugs could generate more sales than anyone expected. In a series of online meetings that started Monday, the drug maker raised its forecast for annual sales it could get from advanced-stage candidates from $ 15 billion …
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GNC Holdings Inc. filed for Chapter 11 bankruptcy protection Tuesday with plans to sell and close up to one-sixth of its 7,300 stores worldwide. The GNC vitamin and supplement vendor, -24.69% He blamed the presentation of the slump in sales due to the coronavirus pandemic, demands from faster payment providers, …
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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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