The parent company of Chrysler, Stellantis, is aiming for a $2.8 billion overhaul in order to build EVs at two Canadian factories. The company said that it will retool two Ontario assembly plants to build vehicles on new platforms that will allow it to offer fully electric versions of its upcoming models. Stellantis also … Continue reading “Stellantis is Planning a $2.8B Overhaul of Two Canadian Factors to Build Electric Vehicles”
Company News
Intel Beats on Top and Bottom Lines but Issues Weak Guidance
Tech giant Intel reported first quarter results this week that revealed a beat on both…
Shares of Apple Fall as Company Warns of Possible $8B Hit from Supply Constraints
While Apple reported this week that revenue grew nearly 9% year over year during the…
Global PoleTrusion Group Corp. Announces Discussions to Form a Joint Venture with TANESCO in Tanzania
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Spotify Shares Close Down Despite a Beat on Top and Bottom Line in Q1
Shares of Spotify were down over 12% on Wednesday after the company reported first quarter…
Delta to Start Paying Flight Attendants During Boarding
With the possibility of a union drive, airline company Delta will start paying its flight…
Shares of Warner Brothers Discovery Fall as Company Warns About This
Warner Bros. Discovery shares were falling into the red on Tuesday after the company warned…
Twitter Shares Explode as Board Approves Elon Musk’s Bid to Buy Company
It's official. Elon Musk's bid for Twitter has been approved. The social media platform announced…
Facebook is Opening A Showroom to Sell its VR Headsets
Meta, formerly known as Facebook, announced this week that the company will be opening its…
Gap Shares Fall After Company Cuts Guidance and Old Navy CEO Departs
Shares of casual apparel company Gap were falling over 18% on Friday after the company…
Just Eat Takeaway Explores Selling GrubHub Just a Year After Buying It
Just Eat Takeaway.com announced this week that the company is considering a full or partial…
Global PoleTrusion Group Corp Announces Financing Discussion in Europe
MIAMI, FL / ACCESSWIRE / April 21, 2022 / Global PoleTrusion Group Corp. (OTC PINK:GPGC)…
Netflix Shares Collapse After Surprising Subscriber Loss
Shares of streaming giant Netflix were falling on Wednesday after the company revealed a surprise…
Apollo Global Management Says it Would Finance a Buyout for Twitter
According to sources, Apollo Global Management has said that it would finance a Twitter buyout.…
