France’s Renault plans no big price cuts despite Tesla challenge
(Reuters) -Renault does not plan to drastically cut prices on its electric vehicles, including the recently launched Megane E-Tech, and…
Deutsche Bank plans to cut jobs, shrink board – source
(Reuters) – Deutsche Bank (ETR:DBKGn) plans to reduce its executive board to nine members from 10 and to cut some jobs in…
Volkswagen: US-made ID.4 models eligible for full tax credit
(Reuters) – Volkswagen (ETR:VOWG_p)’s U.S.-assembled ID.4 models will be eligible for a $7,500 tax credit this year, according to the…
South Korea announces $15 billion investment in advanced battery technologies
(Reuters) – The South Korean government and its top battery companies plan to jointly invest 20 trillion won ($15.1 billion)…
Insurer Travelers profit falls on U.S. storm costs
(Reuters) – Property and casualty insurer Travelers Companies (NYSE:TRV) Inc on Wednesday reported a 6% fall in quarterly profit, hurt…
CDW slides on weak preliminary sales; analysts see a buying opportunity
Shares of CDW Corp. (NASDAQ:CDW) are down about 5.5% in pre-market Wednesday after the company announced preliminary Q1 results. The IT…
Biden’s push for electric vehicles hits deep in the heart of Texas
(Reuters) – At Toyota Motor (NYSE:TM) Corp’s sprawling factory here, just 16 miles (26 km) from the Alamo, a new gasoline-fueled Tundra…
Futures retreat as Treasury yields rise, Tesla slides
U.S. stock index futures fell on Wednesday as Treasury yields rose on expectations the Federal Reserve could keep interest rates…
Glencore raises pressure on Teck Resources with promise of sweeter bid
(Reuters) – Glencore (OTC:GLNCY) has told Teck Resources (NYSE:TECK) shareholders it is willing to improve its $22.5 billion takeover offer,…
Dow futures slide lower as investors digest earnings
U.S. stock futures pointed to a lower open on Wall Street on Wednesday as investors weighed mixed earnings reports from…