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- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
Stellantis (STLA) launches new EV charging service, aims to relieve 'charging anxiety'
June 27, 2023 10:30 AM EDTFranco-American automaker and Jeep parent company, Stellantis (NYSE: STLA) launched 'Charging & Energy' business unit Free2move Charge on Tuesday, with the aim to make it easier to keep electric vehicles on the road and cash in on an expanding range of services around greener... More
Ford (F) to cut at least 1,000 salaried and contract workers
June 27, 2023 10:17 AM EDTThe Wall Street Journal reports Tuesday, citing unnamed sources, that Ford (NYSE: F) plans to lay off at least 1,000 salaried and employees and contract workers in North America in an effort to offset the heavy cost of investing in electric cars.
According to sources,... More
Ford (F) cuts contract workers ahead of planned layoffs
June 26, 2023 8:43 AM EDTFord (NYSE: F) notified contract workers employed by outside companies late Friday that their services would no longer be needed, the Michigan automaker confirmed Saturday.
The company alerted some workers who are employed by outside agencies that their contracts were not being renewed. When asked how many people would not be reporting to work Monday, Ford spokesman T.R. Reid said, "Were not providing numbers."
"People in certain agency positions across a few skill teams were notified by their employers that their assignments at Ford have ended," Reid told reporters. "The... More
