Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing.
June 27, 2023Latest News Updates From Michelle Chapman
Lordstown Motors Files for Bankruptcy Protection
New York Tesla Workers Launch Campaign to Organize Union
NEW YORK — Tesla workers at a factory in New York are launching a campaign to organize a union.
February 14, 2023New GM Division to Make EV Chargers
General Motors, which plans to go almost entirely electric by 2035, is creating a new energy division that will produce chargers for electric vehicles, as well as solar panels and other energy-related technology for homes and businesses.
October 11, 2022ºÚÁϳԹÏÍø Depot Posts Record Profit, Revenue
ºÚÁϳԹÏÍø Depot is seeing sustained demand for goods related to home improvement projects despite soaring prices and mortgage rates for homes.
August 16, 2022Broadcom to Buy VMware for $61 Billion
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite rising inflation and economic uncertainty.
May 26, 2022ºÚÁϳԹÏÍø Depot Overcomes Slow Start to Year, Rising ºÚÁϳԹÏÍø Prices
ºÚÁϳԹÏÍø Depot’s first-quarter sales improved despite a slow spring start, and the home improvement chain raised its full-year guidance.
May 17, 2022Elon Musk to Join Twitter’s Board
Elon Musk is joining Twitter’s board of directors a day after disclosing that the Tesla CEO took a 9% stake in the social media platform.
April 5, 2022Caterpillar Pushes Through Supply Constraints in Strong Q4
Caterpillar’s sales surged in the final quarter of the year despite ongoing disruptions in the global supply chain that have hit almost every sector of the economy.
January 28, 2022Profitable Exxon, Chevron Emerge as Global Economy Rebounds
ExxonMobil reversed the losses it suffered last year during the pandemic with a $6.75 billion third-quarter profit as demand pushes the price for a barrel of crude past $80 for the first time in years.
October 29, 2021ºÚÁϳԹÏÍø Depot Sales Climb, but Remodeling Frenzy May Be Cooling
ºÚÁϳԹÏÍø Depot’s sales continue to surge, though same-store sales appeared to come back to earth after a year in which the home improvement chain outperformed expectations repeatedly.
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