Ford’s Kentucky Truck Plant road-tests a new quality strategy
(Reuters) – Shutting down the assembly lines that build Super Duty pickup trucks at Ford Motor (NYSE:F) Co’s Kentucky Truck…
1211: China’s EV Giant BYD Charges Ahead with 400% Profit Increase
The world’s top selling EV maker is speeding through price wars, leaving Tesla in the dust. Elon who? Tesla rival…
Morgan Stanley upgrades General Motors, sees attractive risk reward
Morgan Stanley analysts upgraded General Motors (NYSE:GM) shares to Overweight from Equal Weight with the price target also raised ($38…
Japan’s Astellas Pharma to buy Iveric Bio for $5.9 billion
Astellas Pharma (OTC:ALPMY) announced today a deal to merge its Berry Merger unit with Iveric Bio (NASDAQ:ISEE) in a deal…
Israel stocks higher at close of trade; TA 35 up 0.90%
Israel stocks were higher after the close on Sunday, as gains in the Communication, Real Estate and Oil & Gas sectors led shares higher. At…
Sony shares tumble on weaker-than-expected annual outlook
(Reuters) – Sony (NYSE:SONY) Group Corp’s shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment conglomerate’s annual…
JP Morgan to buy First Republic’s assets and assume deposits
(Reuters) -United States regulators said on Monday First Republic Bank (NYSE:FRC) has been seized and a deal agreed to sell the bank…
Toyota-affiliate Daihatsu rigged safety test for 88,000 cars
(Reuters) – Toyota Motor (NYSE:TM) Corp affiliate Daihatsu rigged part of the door in side-collision safety tests carried out for some 88,000…
Chevron first quarter profit beats estimates amid strong refining performance
Chevron (NYSE:CVX) has reported higher-than-expected earnings in the first quarter, as stronger performance in the U.S. oil major’s refining operations helped it overcome a…
STMicroelectronics, GlobalFoundries win EU approval for French chip factory
(Reuters) – Chipmakers STMicroelectronics and GlobalFoundries secured EU approval on Friday to build a chip factory with French state aid…