Levi Strauss names Burberry exec Gianluca Flore its chief commercial officer
Levi Strauss on Thursday named Burberry executive Gianluca Flore chief commercial officer as the company looks to round out its reshuffled leadership team.
Lockheed Martin awarded missile contract worth up to $4.1 billion
Lockheed Martin on Thursday was awarded a missile defense contract worth up to $4.1 billion.
Applied Digital shares fall after power outage dings results
The company reported in February it had experienced a power outage at its Ellendale, N.D., data-center hosting site.
Proficient Auto Logistics files for IPO
Proficient Auto Logistics on Thursday filed for an initial public offering with the Securities and Exchange Commission.
Inflation is ‘thorn’ in market’s side — but these ETFs rose even as stocks, bonds fell
Some exchange-traded funds rallied Wednesday even as stocks and bonds broadly fell, as hot inflation data stoked fears that interest rates will stay elevated for...
Rivian’s stock clocks a record low as electric-truck price competition heats up
Wall Street appears to be concerned that lower-priced electric trucks from Ford could put more competitive pressure on Rivian’s business.
Paramount plans to trim size of its board amid merger talks
Paramount Global on Thursday said it plans to trim the size of its 11-member board of directors to seven, as it continues exclusive merger talks...
Tamer wholesale costs offer ray of hope on inflation, but prices are still headed in the wrong direction
A tamer increase in wholesale prices in March raised hopes that inflation is slowing enough to keep the Federal Reserve on the path to cut...
Why Elon Musk’s latest Tesla robotaxi promise is unlikely to deliver
If anything, autonomous vehicles seem to be further away from the ultimate goal of being fully self-driving.