Rivian To Address Layoffs, Restructuring At Friday Meeting
By Paul Lienert (Reuters) – Electric truck maker Rivian Automotive will brief employees on Friday on potential layoffs and plans…
2022
Now there are 8: UK leader field slims as nominations close
LONDON (AP) — Nominations in the race to replace British Prime Minister Boris Johnson closed on Tuesday, with eight Conservative…
Italy’s Draghi warns 5-Stars against political ultimatums
ROME (AP) — Premier Mario Draghi insisted Tuesday his government was able to keep working despite tensions with the 5-Star…
European Shares Rise On Aero, Luxury Stocks Boost
By Susan Mathew and Devik Jain (Reuters) -European shares rose on Tuesday led by beaten-down aerospace, luxury and travel stocks,…
Senate To Take Up Michael Barr Appointment To Head Fed’s Bank Oversight
WASHINGTON (Reuters) – The U.S. Senate on Tuesday will kick off the final stages of confirmation for President Joe Biden’s…
Amazon Issued 13,000 Disciplinary Notices At Single U.S. Warehouse
(Note: This story has strong language in paragraph 28) By Jeffrey Dastin NEW YORK (Reuters) – Amazon worker Gerald Bryson…
European Central Bank head targeted in hacking attempt
BERLIN (AP) — The European Central Bank said Tuesday that its president, Christine Lagarde, was targeted in a hacking attempt…
Peloton to stop making its own bikes, treadmills
Peloton will stop making its own interactive stationary bikes and treadmills, outsourcing those duties to a Taiwanese manufacturer as it…
Big Earnings Reports to Watch
The market prepares for Q2 earnings season. There is plenty of uncertainty facing investors as companies’ hand in report cards….
Lego Closes Russia Business Indefinitely, Lays Off 90 Staff
MOSCOW/LONDON (Reuters) -Lego is closing its business in Russia indefinitely and laying off its 90 Moscow-based employees, owing to “extensive…