
Palantir Raises Profit Forecast, Sets $1 Billion Buyback
Palantir Technologies Inc. raised its forecast for adjusted profit in 2023 and authorized a $1 billion share buyback
2023-08-08 05:46

Electric Vehicle Tech Manufacturer Proterra Files for Bankruptcy
Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Monday. The
2023-08-08 05:46

Advent Nears $1 Billion Deal for Retail Brand Zimmermann
Private equity firm Advent International is nearing a deal to acquire Zimmermann in a transaction valuing the Australian
2023-08-08 05:27

Starwood Weighs Sale Option for $230 Million American Dream Debt
Starwood Property Trust Inc. says a debt sale at a discount is a possible option for money tied
2023-08-08 05:26

Meme stocks are back as investors buy shares of beaten-down companies such as Yellow and Tupperware
A new class of meme stocks has sprung up during the stock market’s surprise recent rally, raising concerns about investors’ willingness to take on bigger risks amid a still uncertain economy
2023-08-08 05:20

Beyond Meat revenue plummets in the second quarter due to flagging US demand
Plant-based meat maker Beyond Meat said its revenue plunged 30.5% in the second quarter as consumer demand for its burgers, sausages and other products fell despite price cuts
2023-08-08 04:55

Beyond Meat Falls After Backing Away From Cash-Flow Target
Beyond Meat Inc. fell in late trading after the plant-based burger company said it’s unlikely to hit its
2023-08-08 04:49

Simon & Schuster purchased by private equity firm KKR for $1.62 billion
Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink in the book market
2023-08-08 04:46

Argentines ask patron saint of work for jobs with elections around the corner
Argentines have lined up on a bitterly cold winter morning as part of an annual pilgrimage to a Roman Catholic shrine for the patron saint of work
2023-08-08 04:26

Embraer outlook 'feasible' after solid Q2 deliveries, analysts say
By Gabriel Araujo SAO PAULO Brazilian planemaker Embraer is on track to meet its full-year outlook for 2023,
2023-08-08 03:56

Teamsters Deny Yellow’s Claim That Union Caused Trucking Firm’s Bankruptcy
The International Brotherhood of Teamsters balked at Yellow Corp.’s efforts to blame the union for financial woes that
2023-08-08 03:26

Mexican prices seen sticking to downward trend, likely eased in July: Reuters poll
MEXICO CITY Rising consumer prices in Mexico likely slowed in July, which would mark the sixth straight monthly
2023-08-08 03:23