EV maker Lion wins temporary creditor relief, halts US factory
Electric bus manufacturer Lion Electric Co. is temporarily laying off about 400 workers and halting operations at its Illinois factory ...
Tag: bloomberg
US consumer confidence rises to highest in more than a year
US consumer confidence increased in November to the highest level in more than a year on optimism about the economy ...
US housing starts slide 3.1% as hurricanes impact South region
US housing starts declined in October to the slowest pace in three months as hurricanes exacerbated an easing in construction ...
US homebuilder sentiment reaches seven-month high after election
Confidence among US homebuilders advanced to a seven-month high in November on a jump in sales expectations and optimism a ...
Einhorn reveals bet on agriculture firm CNH, shares jump
David Einhorn revealed a new position in agriculture equipment company CNH Industrial NV, whose shares rose 7.5% to $10.80 at ...
Fed cuts rates for second-straight meeting to support economy
The Federal Reserve cut its benchmark lending rate by a quarter percentage point Thursday, extending efforts to keep the US ...
Caterpillar misses estimates on weakening construction
Caterpillar Inc. posted a third-quarter profit that missed analysts’ expectations as the machinery producer grappled with weakening demand in construction ...
Ford’s shares tumble after high costs pressure profit outlook
Ford Motor Co.’s shares fell after the company warned that earnings this year will be at the low end of ...
