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Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

US IRS chief says budget cuts would reduce ability to pursue tax cheats By Reuters

© Reuters. FILE PHOTO: IRS Commissioner Danny Werfel testifies before the U.S. House of Representatives Committee on Ways and Means on Capitol Hill in Washington,

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

Sensodyne toothpaste-maker Haleon planning job cuts

© Reuters. FILE PHOTO-The company logo for Haleon and the trading info is displayed on a screen on the floor of the New York Stock

Carvana
Stock Market

Carvana drops as JPMorgan cuts, says stock disconnected from fundamentals after 720% YTD rally By Investing.com

© Reuters Carvana drops as JPMorgan cuts, says stock disconnected from fundamentals after 720% YTD rally JPMorgan analysts downgraded Carvana (NYSE:) to Underweight from Neutral

Cryoport cuts FY guidance as Q2 revenue hurt by weaker demand; Shares sink
Stock Market

Cryoport cuts FY guidance as Q2 revenue hurt by weaker demand; Shares sink By Investing.com

© Reuters Investing.com – Cryoport plunged in after-hours Wednesday after the logistics solutions provider cut its annual guidance as weaker demand and clinical trial delays

JPMorgan premium valuation has now returned, Citi cuts to neutral
Stock Market

JPMorgan premium valuation has now returned, Citi cuts to neutral By Investing.com

© Reuters. JPMorgan (JPM) premium valuation has now returned, Citi cuts to neutral On Wednesday, Citi analysts downgraded JPMorgan (NYSE:) to Neutral with a $160

HSBC cuts European and U.S. EV penetration, raises China estimates
Stock Market

HSBC cuts European and U.S. EV penetration, raises China estimates By Investing.com

© Reuters. HSBC cuts European and U.S. EV penetration, raises China estimates HSBC Research on Wednesday cut their 2024-30 European BEV forecasts for the fourth

JPMorgan plans 63 job cuts in Jersey City By Reuters
Stock Market

JPMorgan plans 63 job cuts in Jersey City By Reuters

© Reuters. FILE PHOTO: A sign of JP Morgan Chase Bank is seen in front of their headquarters tower in Manhattan, New York, U.S., November

Deutsche Bank cuts estimates on SunPower, expects
Stock Market

Deutsche Bank cuts estimates on SunPower, expects ‘disappointing’ 2Q report By Investing.com

© Reuters. Deutsche Bank cuts estimates on SunPower (SPWR), expects ‘disappointing’ 2Q report Deutsche Bank reiterated a Hold rating on SunPower Corp. (NASDAQ:) and cut

Payoneer cuts 9% of its workforce; Goldman reflects positively on strategy
Stock Market

Payoneer cuts 9% of its workforce; Goldman reflects positively on strategy By Investing.com

© Rafael Henrique / SOPA Images/Si via Reuters Connect Payoneer (PAYO) cuts 9% of its workforce; Goldman reflects positively on strategy Payoneer Global Inc (NASDAQ:)

Oil rises on OPEC+ cuts, weaker dollar By Reuters
Finances

Oil rises on OPEC+ cuts, weaker dollar By Reuters

© Reuters. FILE PHOTO: A petrol station attendant prepares to refuel a car in Rome, Italy, January 4, 2012. REUTERS/Max Rossi/File Photo By Arathy Somasekhar