US automakers say 70% of EV models would not qualify for tax credit under Senate bill
Most electric-vehicle models would be ineligible for a $7500 tax credit for U.S. buyers under a Democratic proposal in the U.S. Senate, a group of major automakers said.
Read more at Financial Express
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EV maker Rivian says its current models will not qualify for tax breaks Rivian - Earnings - Electric vehicle - Revenue.
Electric-vehicle maker Rivian Automotive Inc on Thursday forecast a wider operating loss for the year and also said many of its current models will not qualify for new federal tax incentives.
Read more at Reuters
News in business Category
China stocks end a tad lower, hit by COVID concerns and dim economic outlook Tencent - China - Alibaba Group - Algorithm.
China blue-chip index edged lower on Tuesday on worries about COVID-19 flare-ups and slowing economic growth although property stocks jumped on news of policy support. Meituan plunged 9% after sources told Reuters that Tencent Holdings Ltd plans to ...
Read more at Devdiscourse
Commonwealth Equity Services LLC Boosts Position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) New York Stock Exchange - Knight Transportation - NYSE:KNX - Commonwealth Financial Network.
Several other hedge funds have also recently bought and sold shares of KNX. Steward Financial Group LLC purchased a new stake in shares of Knight-Swift Transportation during the first quarter valued at approximately $26,000. Parkside Financial ...
Read more at Defenseworld.net
Lam Research (NASDAQ:LRCX) Upgraded to “Buy” by StockNews.com Lam Research - Investor.
Read Lam Research (NASDAQ:LRCX) Upgraded to “Buy” by StockNews.com at Defense World.
Read more at Defenseworld.net
Glacier Bancorp, Inc. (NASDAQ:GBCI) Stake Raised by Victory Capital Management Inc. New York Stock Exchange - Knight Transportation - NYSE:KNX - Commonwealth Financial Network.
State Street Corp now owns 4,461,340 shares of the bank's stock worth $252,958,000 after buying an additional 248,328 shares during the period. Dimensional Fund Advisors LP raised its holdings in Glacier Bancorp by 14.7% during the 4th quarter.
Read more at Defenseworld.net
Infinity Pharmaceuticals Inc. (INFI): Skating on Thin Ice? We Know the Answer Nasdaq - Infinity Pharmaceuticals, Inc. - NASDAQ:INFI.
Infinity Pharmaceuticals Inc. (NASDAQ:INFI) went up by 10.43% from its latest closing price compared to the recent 1-year high of $3.89. The company's stock price has collected 56.93% of gains in the last five trading sessions.
Read more at The News Heater
Starbucks fires employee for being three minutes late. Read here Starbucks - Trade union - National Labor Relations Board.
Starbucks is currently facing a growing union push across its cafes and is appealing to the National Labor Relations Board, claiming that government employees interfered with and influenced election results in certain stores, as per reports.
Read more at Livemint
Southwest Airlines to launch self-service business travel platform from 24-Aug-2022 Southwest Airlines - Business travel - Corporate travel management - Corporation.
Travel funds management;; Enhanced insight into contractual benefits, account performance, and dashboards;; Expanded sustainability reporting;; Increased automation with real-time capabilities and service. The carrier plans to add ...
Read more at CAPA - Centre for Aviation
Home Run Inn Recalls 13000 Pounds Of Frozen Pizza After Metal Complaints Pizza - Home Run Inn - Product recall.
The recall involves Home Run Inn Chicago's Premium Pizzeria Deluxe Sausage Classic Pizza made on June 6, 2022, with a best-by date of December 3, 2022, according to the U.S. Department of Agriculture's Food Safety and Inspection Service.
Read more at News On 6
China stocks end a tad lower, hit by COVID concerns and dim economic outlook Tencent - China - Alibaba Group - Algorithm.
SHANGHAI: China blue-chip index edged lower on Tuesday on worries about COVID-19 flare-ups and slowing economic growth although property stocks jumped on news of policy support. Meituan plunged 9% after sources told Reuters that Tencent Holdings Ltd ...
Read more at Business Recorder
