 | | | | Lordstown Motors Corp on Thursday delayed next year's launch of its Endurance electric pickup truck by a quarter, citing parts and materials shortages and other supply-chain issues. | | | | | | Kellogg Co said on Thursday the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union did not allow a vote on a new contract, following a long strike of about 1,400 workers across its four cereal plants. | | | | | | Morgan Stanley has appointed Amy Oldenburg as head of emerging markets equity at its investment management business, replacing Ruchir Sharma who is leaving after a 25-year stint at the bank, according to an internal memo seen by Reuters. | | | | | | The S&P 500 ended essentially flat on Thursday, with chipmakers helping push the Nasdaq into positive territory in a subdued Veterans Day session, the day after hotter-than-expected inflation reports dampened investor sentiment and halted a streak of record closing highs. | | | | | | Spotify on Thursday made a major push to have more audiobooks on its platform by buying U.S.-based audio tech company Findaway as it tries to recreate its success with podcasts. | | | | | | The dollar rose to almost 16-month highs against the euro and other currencies on Thursday, after the hottest U.S. inflation reading in 30 years encouraged bets that the Federal Reserve would tighten monetary policy faster than expected. | | | | | | Governments around the world need to look at unified approaches to managing COVID-19, the Group Chief Executive of Malaysian budget airline AirAsia Group Bhd Tony Fernandes said at the APEC CEO Summit. | | | | | | U.S. President Joe Biden will visit a Michigan General Motors electric vehicle plant next week as the White House pushes Congress to approve big tax incentives for zero-emission vehicles. | | | | | | It's been another wild ride for Tesla investors after billionaire chief executive Elon Musk pledged via Twitter to sell 10% of his shares in the company. While the unorthodox way he went about it has raised eyebrows, it's unclear if he or Tesla have broken any rules. | | | | | | A surge in international visitors to the United States may not benefit Disney and Universal theme parks in the country until next year, since early arrivals will focus on family reunions and holiday trips will need planning. | | | | | |
