2/2 © Reuters. FILE PHOTO: WeWork logos are seen at a WeWork office in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch/File Photo 2/2 By Medha Singh (Reuters) – WeWork, a prized startup just four years ago but now a micro-cap, and other penny stocks such as Amyris (NASDAQ:)…

© Reuters. A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration (Reuters) – SoftBank Group-owned chip designer Arm is getting investment interest from several major tech firms for what is expected to be one of this…

© Reuters. BYD calls for Chinese automotive unity, ‘demolish the old legends’ China’s top-selling automobile manufacturer, BYD Co (OTC:) Ltd ADR (OTC:), has ignited a surge of online attention after the automaker signaled for unity, calling for the industry to band together and “demolish the old legends.” During a recent…

© Reuters. FILE PHOTO: Workers assemble vehicles at a plant of Changan Ford, a joint venture between Changan Automobile and Ford Motor Company, in Harbin, Heilongjiang province, China February 22, 2017. REUTERS/Stringer/File Photo BEIJING (Reuters) -Changan Ford Motor (NYSE:) plans to set up a new-energy passenger car joint venture with…

© Reuters Vinfast to list in on Nasdaq next week as ‘VFS’ Special Acquisitions Company, Black Spade Acquisition Co (NYSE:) voted Thursday to merge with electric automaker, VinFast, allowing the Vietnamese company to list on the Nasdaq platform in the US. In a joint statement with Black Spade, the automaker…

© Reuters. Mullen (MULN) quickly dips back below $1 after reverse split Mullen Automotive Inc (NASDAQ:) stock experienced an 8.6% drop at the opening of trading on Friday as it introduced its freshly adjusted share price following a reverse split. In order to maintain its listing on the NASDAQ exchange,…

© Reuters. The damage at the Ho’Onanea condominium complex is seen in the aftermath of a wildfire, in Lahaina, Maui, Hawaii, U.S. August 10, 2023. REUTERS/Jorge Garcia (Reuters) – The total insured loss from the ongoing wildfires on Maui island is expected to be the second largest in Hawaii’s history,…

2/2 © Reuters. FILE PHOTO: Facebook Chairman and CEO Mark Zuckerberg attends the annual Munich Security Conference in Germany, February 15, 2020. REUTERS/Andreas Gebert/File Photo 2/2 ROME (Reuters) -Tesla boss Elon Musk said on Friday his planned cage fight with billionaire rival Mark Zuckerberg would be held at an “epic…

© Reuters Investing.com — The S&P 500 was flat Friday, pressured by a fresh climb in Treasury yields after another measure of inflation came in hotter than expected, deflating investor bets that the Fed is unlikely to resume rate hikes later this year. The was flat, the rose 0.3%, or…

© Reuters. Investing.com — The Dow closed higher Friday, eking out a weekly gain, though upside was capped by renewed inflation fears pushing Treasury yields higher and deflating investor bets that the Fed is unlikely to resume rate hikes later this year. The  rose 0.3%, or 105 points, fell 0.6%, and the…