Lordstown halts production, shipments of Endurance electric trucks to address quality issues
Lordstown will voluntarily recall 19 Endurance pickups to address a "specific electrical connection issue that could result in a loss of propulsion while driving."
Feds point to overheated wheel bearing in report on Ohio train derailment
The preliminary report from the National Transportation Safety Board did not offer an exact cause of the East Palestine, Ohio, derailment.
Nikola’s fourth-quarter revenue falls short as it delivers just 20 trucks
Nikola said it made a series of changes to its battery-electric truck during the quarter in response to feedback from early customers.
Domino’s and Papa John’s shares sink after pizza chains deliver soft sales, outlook
Domino's revenue missed expectations, while Papa John's North American sales came in softer than estimated.
Jeep, Dodge maker Stellantis posts record annual profit, announces $4.47 billion shareholder payout
Carmaker Stellantis on Wednesday announced record full-year results, reporting a 26% rise in net profit to 16.8 billion euros ($17.9 billion) and a 41% annual...
Lucid’s revenue falls short of estimates as it guides to higher EV production in 2023
Lucid built just 7,000 of its Air luxury sedans last year amid manufacturing challenges but expects to make between 10,000 and 14,000 vehicles in 2023.
Nvidia stock rises after slight beat driven by A.I. chips
Nvidia has increasingly been seen by investors as one of the chip stocks best positioned to endure an economic slowdown that hurts PC and semiconductor...
Qantas is confident it will return to 100% of its pre-Covid capacity in 2024
Qantas is confident that it will see a full return to pre-Covid capacity in 2024, CEO Alan Joyce told CNBC.
Alibaba shares rally 6% after massive earnings beat
Alibaba reported earnings for its fiscal third quarter that smashed expectations, sending shares soaring 6% higher.