Rivian posts mixed fourth quarter and underwhelming EV production outlook, stock falls
The results follow slower-than-expected production, unexpected pricing pressure and plans to lay off 6% of…
Month: February 2023
As Russian forces bear down on Bakhmut, Ukraine admits situation there is ‘more and more difficult’
Officials in Kyiv have conceded that the situation is rapidly deteriorating around Bakhmut, a besieged…
Mexico approves new Tesla plant in northern Mexico
Mexican President Andres Manuel Lopez Obrador announced the decision on Tuesday following a call with…
FTX ex-engineering chief Nishad Singh pleads guilty to criminal charges
FTX’s former engineering head Nishad Singh pleaded guilty to criminal charges in New York on…
China’s CCP warns Elon Musk against sharing Wuhan lab leak report
Chinese state media warned Tesla CEO Elon Musk that he could be endangering his relationship…
Goldman CEO says asset management is the new growth engine, will learn from bungled consumer effort
CEO David Solomon acknowledged that Goldman didn’t “execute well” on its consumer push, but added…
Goldman CEO says asset management is the new growth engine, will learn from bungled consumer effort
Solomon also acknowledged that Goldman didn’t “execute well” on parts of its consumer push, but…
As Russian forces bear down on Bakhmut, Ukraine admits situation there is ‘more and more difficult’
Officials in Kyiv have conceded that the situation is rapidly deteriorating around Bakhmut, a besieged…
Russia after a year of sanctions
The Russian economy has fallen into a recession, but economic and political instability are not…
Uber-backed ride hailing app Careem is halting its operations in Qatar
The surprise announcement, which went into effect immediately on Feb. 28, comes just months after…