Trump media company subpoenaed in federal criminal probe of SPAC deal
Donald Trump's media company was subpoenaed by a federal grand jury in connection with a criminal probe, according to Digital World Acquisition Corp.
Biden opens the possibility of more offshore oil drilling in the Gulf of Mexico
Interior's oil-drilling proposal could allow 11 lease sales over the next five years, but includes an option for the administration to conduct no sales.
UK-based startup Tevva launches hydrogen-electric truck with 310-mile range
Refilling of the hydrogen tanks will take 10 minutes, company says.
GM’s quarterly sales fall but show improvement from beginning of year
The company's U.S. vehicle sales were down about 15% in the second quarter from a year ago as the automaker continues to battle supply chain...
Kohl’s says a real estate sale is on the table after scrapping deal talks
Kohl's might not be selling its business after all. But it's now looking to sell some of its real estate.
GM warns of manufacturing issues in second quarter but stands by 2022 forecast
Shares of the automaker were down by 2% after briefly being halted during pre-market trading, pending news.
Self-driving cars from GM’s Cruise block San Francisco intersection in latest problem for autonomous vehicles
At least seven Cruise vehicles blocked traffic by clustering an intersection starting late Tuesday night, blocking traffic.
Panera Bread terminates SPAC deal with Danny Meyer’s investment group
Danny Meyer's SPAC and Panera Bread have called off their investment deal, citing market conditions.
Chinese automaker Nio reports record EV sales in June as Covid wave fades, but it still lags XPeng and Li Auto
Nio, XPeng and Li Auto all reported strong deliveries totals for June as their factories returned to full speed following the latest Covid outbreak.