Category: Business

  • Trevor Bauer was given go away of absence after allegations of sexual assault

    Trevor Bauer was given go away of absence after allegations of sexual assault

    Referees check the hat and glove of Trevor Bauer # 27 of the Los Angeles Dodgers for foreign matter after the first inning against the San Francisco Giants at Dodger Stadium on June 28, 2021 in Los Angeles, California. Meg Oliphant | Getty Images Los Angeles Dodgers’ superstar pitcher Trevor Bauer was put on a…

  • Lordstown Motors inventory plunges on report from the DOJ investigation

    Lordstown Motors inventory plunges on report from the DOJ investigation

    Signage outside the Lordstown Motors Corp. headquarters. in Lordstown, Ohio on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Lordstown Motors stock plunged as much as 17% on Friday after the Wall Street Journal reported that the Department of Justice was investigating the contested start of electric vehicles. The stock was momentarily…

  • Virgin Galactic inventory SPCE surges as Richard Branson goals for July 11

    Virgin Galactic inventory SPCE surges as Richard Branson goals for July 11

    Virgin Galactic shares surged on Friday after the space tourism venture announced its next spaceflight test will carry founder Sir Richard Branson. The mission – with two pilots guiding spacecraft VSS Unity carrying Branson alongside three Virgin Galactic employees – plans to launch on July 11 from the company’s operations hub at Spaceport America in…

  • Israel, UAE, Bahrain vaccination and an infection tendencies

    Israel, UAE, Bahrain vaccination and an infection tendencies

    Two women in face masks walk along a shopping area on April 19, 2021 in Dubai, United Arab Emirates. Francois Nel | Getty Images News | Getty Images Vaccination campaigns in several Middle East nations raced ahead of the rest of the world at the beginning of 2021. Israel, the United Arab Emirates and Bahrain…

  • Sebastian Coes on Japan Video games

    Sebastian Coes on Japan Video games

    Sebastian Coe, Chair of the London Organizing Committee of the Olympic and Paralympic Games, delivers a speech during the opening ceremony of the IOC session at London’s Royal Opera House, Monday 23 July 2012. (AP Photo / Lefteris Pitarakis) Lefteris Pitarakis LONDON – The Tokyo Olympics should be held as there is no major health…

  • Automotive SPACs attempt to show their price to Wall Road amid bubble

    Automotive SPACs attempt to show their price to Wall Road amid bubble

    Nikola Corporation rang the Nasdaq Closing Bell remotely from across the world. Source: The Nasdaq Electric vehicle start-ups that went public through SPAC deals over the past year are trying to prove their worth to Wall Street as investors grow increasingly skeptical of their future and securities regulators scrutinize their books. Canoo and Lordstown Motors…

  • Toyota leads US gross sales for GM, anticipated to turn into America’s top-selling automaker

    Toyota leads US gross sales for GM, anticipated to turn into America’s top-selling automaker

    Toyota Motor outperformed General Motors in the US for the first quarter and is expected to be America’s best-selling automaker. The Japanese automaker reported sales of 688,813 vehicles in the US from April through June on Thursday. That compares to GM at 688,236 vehicles during the second quarter. Toyota exceeded analysts’ expectations, while GM slightly…

  • GM’s income within the second quarter is up 40%, however is barely under analysts’ expectations

    GM’s income within the second quarter is up 40%, however is barely under analysts’ expectations

    DETROIT – General Motors ‘US vehicle sales in the second quarter were slightly below analysts’ expectations as a persistent shortage of semiconductor chips impacted vehicle production and dealer inventories. The Detroit automaker reported second-quarter sales of 688,236 vehicles on Thursday, 39.7% more than a year earlier, as the coronavirus pandemic caused Americans to seek shelter…

  • Trump Group CFO Allen Weisselberg pleads not responsible to tax crimes

    Trump Group CFO Allen Weisselberg pleads not responsible to tax crimes

    The Trump Organization’s long-time chief financial officer Allen Weisselberg pleaded not guilty Thursday to tax-related crimes that include scheme to defraud and grand larceny in a Manhattan court, where the company also was hit with related criminal charges. A 15-count indictment says the Trump Organization and Weisselberg devised a scheme to compensate Weisselberg and other…

  • New Covid wave has arrived in Europe, WHO says

    New Covid wave has arrived in Europe, WHO says

    Scotland fans arrive at King’s Cross Station on June 17, 2021 in London, England. Soccer games, taking place during the Euros, have been blamed for a rise in Covid cases numbers. Rob Pinney | Getty Images Sport | Getty Images A new wave of coronavirus cases could soon arrive in Europe, the World Health Organization…