 | | | | Volkswagen AG's (VOWG_p.DE) top U.S. executive met with the head of the Environmental Protection Agency on Thursday to talk about electric vehicles and the push toward cleaner cars as the Biden administration works to revise vehicle emissions rules. | | | | | | Wall Street stocks ended higher on Thursday, with the S&P 500 (.SPX) closing above its prior record high set on May 7, as economic data appeared to support the Federal Reserve's assertion that the current wave of heightened inflation will be temporary. | | | | | | Vertical Aerospace, an electric vertical takeoff and landing aircraft (eVTOL) maker backed by investors such as American Airlines (AAL.O), will go public through a merger with a blank-check firm in a deal valued at $2.2 billion, the company said on Thursday. | | | | | | Apple Inc(AAPL.O) has hired Ulrich Kranz, a former senior executive at BMW AG's electric car division, to help its vehicle initiatives, Bloomberg News reported on Thursday, citing people familiar with the matter. | | | | | | Chinese ride-hailing firm Didi Chuxing on Thursday made public its filing for a U.S. stock market listing, setting the stage for what is expected to be one of the world's biggest initial public offerings this year. | | | | | | A U.S. senator on Thursday slammed American companies, including Amazon.com Inc (AMZN.O), Apple Inc (AAPL.O) and Nike Inc (NKE.N), for turning a blind eye to allegations of forced labor in China, arguing they were making American consumers complicit in Beijing's repressive policies. | | | | | | Wall Street stocks ended firmer on Thursday, with the S&P 500 (.SPX) hitting a record closing high, as economic data appeared to support the Federal Reserve's assertion that the current wave of heightened inflation will be temporary. | | | | | | U.S. prosecutors on Thursday unveiled criminal charges in Manhattan accusing two Israeli traders of illegal trading in several biotechnology and healthcare companies in connection with a sprawling international insider trading scheme. | | | | | | The dollar index was down slightly on Thursday after alternating between losses and gains earlier in the session as investors digested elevated U.S. inflation and European Central Bank commentary while eyeing the U.S. Federal Reserve's next meeting. | | | | | | ViacomCBS Inc (VIAC.O) and Comcast Corp (CMCSA.O) can succeed without acquiring other businesses, IAC (IAC.O) Chairman Barry Diller said during a Reuters Newsmaker event Thursday. | | | | | |
