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Rivian Automotive Inc.’s stock fell about 15% after hours Wednesday after the EV maker posted a larger-than-expected quarterly loss and guided for producing...
By David Sachs Forvia shares rose Monday after it said a reduction of up to 10,000 jobs would save about 500 million euros ($538.9 million) yearly from 2028...
By David Sachs Forvia said on Monday that it plans to cut costs and up to 10,000 jobs to adapt to Europe's electric-vehicle transition and increase...
By David Sachs Forvia, one of the world's largest auto parts suppliers, said it was reducing up to 10,000 jobs--for an annual saving of about 500 million...
Nike plans to use the savings to invest more in areas such as running, women’s apparel and the Air Jordan brand, according to a report from The Wall Street...