Scania, under Volkswagen AG, has acquired Northvolt's battery systems unit, including facilities and 260 employees, to enhance its electrification efforts for heavy industry. The d...
Lucid Group, Inc. is expanding in Arizona by acquiring Nikola Corporation's former facilities, adding over 884,000 square feet to its operations and planning to hire more than 300 ...
BlackRock Inc. reports a 12% revenue increase to $5.3 billion in Q1 2025, despite a 4% drop in net income and an 8% fall in EPS. CEO Larry Fink highlights strong client connectivit...
JPMorgan Chase & Co. announced an 8% year-over-year revenue increase to $46 billion in Q1 2025, exceeding expectations. Net income rose 9% to $14.6 billion, with earnings per share...
BlackRock CEO Larry Fink discusses how market uncertainty is causing client anxiety, drawing parallels to past crises like the financial crash and COVID, while also highlighting th...
Morgan Stanley announces a 17.2% increase in Q1 2025 revenue to $17.7B, with net income up by 26.5%. CEO Ted Pick highlights strategic growth and $7.7 trillion in client assets. Sh...
Mercedes-Benz Group AG will discontinue its Citan and T-Class models, including electric versions eCitan and EQT, by 2026 to focus on midsize and large van segments, as part of its...
Byju’s founders dismiss a US lawsuit by GLAS Trust as baseless, accusing them of a conspiracy to seize control. The dispute escalates with allegations of intimidation and financial...
