Lordstown Motors Corp on Monday posted a bigger loss for the fourth quarter, as the electric-vehicle (EV) maker struggled with production costs and missed its delivery target for the Endurance pickup truck in the period.
Futures for Canada's main stock index edged lower on Monday, setting the TSX up to snap a three-session winning streak, as commodity prices weakened after top-consumer China set a modest growth target for the year.
Ripple Labs Inc said in court papers Friday that a recent U.S. Supreme Court decision supports one of its key defenses in the U.S. Securities and Exchange Commission's case over the cryptocurrency XRP.
At the worst of the pandemic labor crunch, convenience store chain Sprint Mart struggled to staff its shops across the southern U.S. as available workers drifted to the higher wages Amazon.com Inc offered at its fulfillment centers or opted for flexible gig economy jobs.
Sam Bankman-Fried should be allowed while on bail to have a flip phone with no internet capability and a basic laptop with limited functions, but be forbidden from using other electronic communication devices, the U.S. Department of Justice said.
Altria Group Inc said on Monday it would buy e-cigarette startup NJOY Holdings Inc for about $2.75 billion in cash, in fresh bets by the Marlboro maker on the fast-growing market after losing billions through its investment in Juul.
Shares of cryptocurrency-related companies fell in premarket trading on Monday after Silvergate Capital Corp pulled the plug on its crypto payments network, following its doubts about keeping its business viable.
Activist investor Legion Partners Asset Management is pushing for four new directors to join Primo Water Corp's board, arguing they could help the water company's share price triple over five years.
Meta Platforms' WhatsApp has agreed to be more transparent about changes to its privacy policy introduced in 2021, the European Commission said on Monday, following complaints from consumer bodies across Europe.
Border to Coast Pensions Partnership, one of the UK's largest pension pools, has appointed two specialist China equity managers to run a third of the capital in its new emerging markets fund.
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