Text size Courtesy of Nikola. Nikola has begun construction of a manufacturing plant in Arizona, an important step in commissioning as it seeks to disrupt the heavy truck market. Trevor Milton, founder of Nikola, pursues that goal with two main products: battery-powered or hydrogen fuel cell trucks, . Both will …
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Shares of Southwest Airlines Co. LUV, -0.95% It rose 1.5% in premarket operations on Thursday, after the airline suffered a large loss that was narrower than expected, as the drop in passenger demand was not as bad as feared . The company said reserves decreased during July. Net loss was …
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American Airlines Group Inc. AAL, -0.95% recorded a large loss for the second quarter, as the trips were decimated by the coronavirus pandemic. The operator said it had a net loss of $ 2,067 billion, or $ 4.82 per share, in the quarter, after revenue of $ 662 million, or …
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Ascena Retail Group Inc. ASNA, -6.47%, parent of retail chains Ann Taylor and Loft, filed for Chapter 11 bankruptcy Thursday, with a restructuring deal backed by more than 68% of its guaranteed term lenders, crushed by the effects of the coronavirus pandemic on its already troublesome business. The Mahwah, NJ-based …
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Ascena Retail Group Inc. ASNA, -6.47%, parent of retail chains Ann Taylor and Loft, filed for Chapter 11 bankruptcy Thursday, with a restructuring deal backed by more than 68% of its guaranteed term lenders, crushed by the effects of the coronavirus pandemic on its already troublesome business. The Mahwah, NJ-based …
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