(Reuters) -Shares of Vietnamese electric-vehicle maker Vinfast surged 21% on Monday, extending a rally from last week that more than quadrupled its market value to $160 billion. The company made a blo[...]
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Disney closes at lowest in nearly nine years as investors turn bearish
(Reuters) -Shares of Walt Disney fell 3.9% on Thursday, closing at their lowest level in nearly nine years, with some investors betting that a further price drop is on the cards in the next few months[...]
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Kohl’s beats profit estimates on cost cuts, leaner inventory
By Savyata Mishra (Reuters) -Kohl’s Corp beat estimates for quarterly profit on Wednesday, as leaner inventories, lower costs and fewer discounts helped the department store chain counter a broa[...]
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US airline pilots fight their unions to increase retirement age
By Rajesh Kumar Singh and Allison Lampert (Reuters) – Bo Ellis has been a devoted member of the Air Line Pilots Association (ALPA) for nearly four decades, but the 64-year-old is waging a campai[...]
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How airlines cope with price surge during disasters
By Allison Lampert and Doyinsola Oladipo (Reuters) -Canadians vented their frustration against airlines on social media last week after prices of commercial flights out of Yellowknife soared up to 10-[...]
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WeWork seeks to regain listing compliance with 1-for-40 reverse stock split
By Shivansh Tiwary and Kannaki Deka (Reuters) -WeWork said on Friday it would proceed with a one-for-forty reverse stock split to regain compliance with listing requirements, days after the flexible w[...]
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New York City bans TikTok on government-owned devices over security concerns
By Kanishka Singh WASHINGTON (Reuters) – New York City on Wednesday banned TikTok on government-owned devices, citing security concerns, joining a number of U.S. cities and states that have put[...]
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VinFast’s shares surge in Nasdaq debut for Vietnam EV maker
By Phuong Nguyen, Francesco Guarascio and Anshuman Daga HANOI/SINGAPORE (Reuters) -VinFast’s shares soared in thin trading in their Nasdaq debut on Tuesday following the Vietnamese electric vehi[...]
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Tesla cuts prices in China for select Model Y versions
BEIJING (Reuters) -Tesla on Monday said it has cut prices in China for its Model Y long-range and performance versions starting on Aug. 14, sending its shares lower on concern of further pressure on i[...]
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