6:42 a.m. Today6:42 a.m. Nov. 27, 2021
English Channel migrant deaths: Smugglers net millions per kilometerThe price to cross the English Channel varies according to the network of smugglers, between 3,000 and 7,000 euros ($3,380 and $8,000) though there are rumors of discounts.
4:49 p.m. Nov. 21, 2021
It Takes Guts to Play Rivian Options. Here’s How to Do It.
It’s impossible to know if Rivian will trade like an unhinged meme stock propelled by greedy investors, or if the shares and options will fall back to earth.
10:41 a.m. Nov. 20, 2021
- By Rachel Koning Beals
A 'Made in America' tax credit — what car buyers considering a Tesla, Rivian or other EVs need to know as Build Back Better heads to the SenateThe Build Back Better bill could expand tax credits on some EV models to up to $12,500 and make it easier for more people to qualify.
12:28 p.m. Nov. 19, 2021
- By Claudia Assis
Rivian, Ford cancel plans to jointly develop an electric vehicleRivian Automotive Inc. and Ford Motor Co. are halting plans to develop an electric vehicle, the companies said Friday.
8:59 a.m. Nov. 18, 2021
- By Claudia Assis
Rivian stock drops another 15%Rivian Automotive Inc. stock fell slightly more than 15% in midday trading Thursday, extending losses for a second straight session.
6:23 a.m. Nov. 18, 2021
- By Claudia Assis
How trucking became the weak link in America’s supply chainThe $800 billion trucking industry is arguably the weakest link in the rusty U.S. supply chain that has been overwhelmed by unprecedented demand coming from American consumers for goods.
6:18 a.m. Nov. 17, 2021
- By Francois Mallette
Electric vans and trucks are the real story behind battery-powered vehiclesRivian’s blockbuster IPO isn't a surprise when you consider the economics of electrified light-duty trucks.
4:17 a.m. Nov. 12, 2021
Efforts to cut car, plane and ship emissions get small boost at COP26Several countries and companies announced plans Wednesday to stop selling cars that run on gasoline or diesel over the next two decades, as part of efforts to clamp down on a significant source of planet-warming emissions.
4:12 p.m. Nov. 10, 2021
- By Claudia Assis
Rivian Automotive stock soars in trading debut, in the largest IPO of the yearRivian Automotive Inc. goes public on Wednesday in the largest initial public offering of the year and the seventh largest U.S. IPO by offer size in nearly 30 years.
2:38 a.m. Nov. 10, 2021
- By Mike Murphy
Rivian prices IPO at $78 a share, raising a whopping $11.9 billionElectric-vehicle maker Rivian Automotive Inc. priced its initial public offering at $78 a share Tuesday night, well above its expected range and valuing the company at $77 billion on a fully diluted basis.
5:48 p.m. Nov. 9, 2021
- By Claudia Assis
Rivian IPO: 5 things to know about the Amazon-backed electric-vehicle makerElectric-vehicle maker Rivian Automotive Inc. is set to become a public company, hoping to carve a niche for itself offering EVs for the great outdoors.
1:24 p.m. Nov. 9, 2021
How Trucking Became the Weak Link in America’s Supply Chain
Here's what to know.
4:23 a.m. Nov. 9, 2021
Workhorse Stock Falls on Negative Sales
Electric van maker Workhorse reports a large third-quarter loss from negative sales. It's an odd result, but product was being returned.
9:01 a.m. Nov. 8, 2021
Workhorse Stock Surges. Confirms DOJ Investigation but Says No Subpoena Received.
The company also confirms an ongoing SEC investigation.
2:00 a.m. Nov. 7, 2021
Giant Pension Drops Nikola and Workhorse Stock. It Bought Palantir and Snowflake.
New Jersey?s state pension exited investments in EV companies Nikola and Workhorse, and bought shares of data-analytics firms Palantir and Snowflake.
6:47 a.m. Nov. 5, 2021
Workhorse Is Under a Justice Department Investigation. The Stock Is Tumbling.
According to documents reviewed by The Wall Street Journal, the investigation is being conducted by the U.S. district attorney's office in Manhattan. The focus of the inquiry wasn't revealed in the documents.
2:27 p.m. Oct. 31, 2021
Better Batteries Are Key to an EV Future. How to Play It.
There’s nothing standing in the way of an electric-vehicle future except the batteries to power the cars—and auto makers are betting it’s a problem money can solve.
12:00 a.m. Oct. 28, 2021
Autonomous Vehicles Could Prevent the Next Supply-Chain Crisis
We've learned the hard way that transportation delays at any part of the supply chain can adversely affect an entire economy, writes Clifford Winston of Brookings.
7:22 a.m. Oct. 25, 2021
Germany's Sono Motors Makes a Car Powered by the Sun. It's Going Public.
A U.S. IPO for Germany's Sono Motors would bring solar technology likely to grab the attention of major auto makers to public markets.
2:21 a.m. Oct. 22, 2021
- By Tonya Garcia
North Face parent VF Corp. reports profit and revenue missVF Corp. shares dropped nearly 7% in Friday premarket trading after The North Face and Vans parent reported fiscal second-quarter earnings and revenue that missed expectations. Net income totaled $464.1 million, or $1.18 per share, up from $256.7 million, or 66 cents per share, last year. Adjusted EPS of $1.11 missed the FactSet consensus for $1.15. Revenue of $3.198 billion was up from $2.608 billion last year and below the FactSet consensus for $3.490 billion. VF Corp. says it has experienced "isolated product delays" due to the ongoing COVID-19 pandemic, with manufacturing constraints and port delays impacting its supply chain. Stores around the world are operating, though some stores in Asia remained shut at the end of the quarter. VF Corp. maintained its full-year guidance for revenue of about $12 billion and adjusted EPS of $3.20. The FactSet consensus is for revenue of $11.947 billion and EPS of $3.20. VFC stock has fallen 13.3% for the year to date while the S&P 500 index is up 21.1% for the period.
1:47 a.m. Oct. 21, 2021
- By Bill Bischoff
There's still time for business owners to cut their 2021 tax bill --- here's howBusiness owners should be ready to make last-minute moves right up until December 31.
4:43 a.m. Oct. 13, 2021
- By Nicole Lyn Pesce
5 reasons ‘Squid Game’ is dominating memes, streams and HalloweenThe Korean survival competition is Netflix's biggest series launch ever. Here's why.
4:15 a.m. Oct. 6, 2021
Teens Are Buying More Clothes. Nike Remains the Top Brand
A new Piper Sandler study shows buying clothes is the priority for teenagers for the first time since 2014, edging out food.
7:00 a.m. Oct. 2, 2021
- By MarketWatch
The biggest risk facing investors this earnings season is lurking just beneath the surfaceGrowth rates of more than 27% for EPS and more than 15% for sales suggest corporate earnings have staged a strong rebound from their pandemic lows. But for some companies, that's far from the case.
5:52 a.m. Oct. 2, 2021
All the companies that are making or planning electric vehiclesWhether you're looking for an electric car or a place to park investment money, here's a master list of all the companies with existing and planned EVs.
4:00 a.m. Oct. 2, 2021
- By MarketWatch
Why a pill you take at home could change the direction of the pandemicMerck and Ridgeback Therapeutics Inc.'s promising oral antiviral could shift the direction of the pandemic by making it easier for people with COVID-19 to take a pill at home that can keep them from getting severely sick.
2:16 p.m. Oct. 1, 2021
Rivian's IPO Is Coming. 5 Things We Learned From the S-1.
Rivian filed paperwork with the Securities and Exchange Company Friday, giving investors a chance to look under the hood of the EV truck maker.
1:46 p.m. Oct. 1, 2021
- By Levi Sumagaysay
Amazon-backed EV company Rivian files for IPORivian Automotive Inc., which is working on electric delivery vans for Amazon.com Inc. in addition to electric trucks for consumers, filed for an initial public offering Friday.
11:53 a.m. Sept. 27, 2021
- By Andrew Keshner
5:55 a.m. Sept. 27, 2021
NYC police seize illegal vans touted on Airbnb as cheap places to ‘glamp’Cops this week seized seven illegally documented vans that have been used for at least two years as cut-rate Airbnb rentals, authorities said.
5:16 a.m. Sept. 22, 2021
A party bus saves the day for a Boston school field tripA group of high school students in Massachusetts had to ride on a party bus complete with a stripper pole and neon lights during a recent field trip — an experience their teacher said highlights problems with the education system.
5:06 a.m. Sept. 22, 2021
Workhorse Stock Tumbles as Trucks Recalled, Production Halted
The commercial EV maker is suspending production of its EVs and recalling the ones it already built. That has the stock falling again.
2:58 a.m. Sept. 20, 2021
- By Therese Poletti
If there were a 'Big Three' of electric vehicle makers, who would join Tesla?Some EV companies have confirmed that no revenue will be forthcoming for the rest of this year, raising questions about who will survive and thrive in the space.
11:08 a.m. Sept. 17, 2021
- By Victor Reklaitis
House Democrats plan EV tax credits of up to $12,500, as Republicans, Tesla, Toyota voice objectionsThe Democratic-run House Ways and Means Committee's proposals for a $3.5 trillion spending package include new tax credits for electric vehicles, as Washington continues to push for a shift away from gasoline-powered cars.
7:45 a.m. Sept. 15, 2021
EV Maker Workhorse Gives Up Fight Over USPS Contract
Commercial electric vehicle maker Workhorse withdraws its complaint against the U.S. Postal Service's award of a roughly $6 billion contract to Oshkosh.
1:02 a.m. Sept. 13, 2021
Federal EV Incentives To Give Tesla, General Motors a Boost. America Is Catching Up.
The electric vehicle industry looks to be a winner in the $3.5 trillion Build Back Better Act.
11:02 a.m. Sept. 11, 2021
Electric vehicles are gaining traction, but chances are that you'll still be driving a gas-powered car in 2035Getting to net-zero emissions is a multi-decade process. Today, gasoline is plentiful and efficient. Electric trucks and pickups, and alternative-energy sources will shake up the market as countries aim to curb pollution.
6:12 a.m. Sept. 3, 2021
Ford's Electric F-150 Hits 130,000 Reservations. How That Stacks Up Against Other EV Makers.
Ford racks up an impressive number of reservations for its coming all-electric F-150 Lightning. EV orders have become an important issue for investors to track and understand.
12:03 p.m. Sept. 2, 2021
GM, Ford halt some auto production as chip shortage worsensThe global shortage of computer chips is getting worse, forcing automakers to temporarily close factories including those that build popular pickup trucks.
8:37 a.m. Sept. 1, 2021
- By Claudia Assis
Workhorse stock takes a hit after report of SEC probeShares of Workhorse Group Inc. dropped more than 4% in midday trading Wednesday after a Wall Street Journal report that securities regulators opened an investigation into the company, which makes electric "last mile" delivery vans and utility vehicles and is based in Cincinnati. Workhorse did not immediately respond to a request for comment. The company last month said it had booked a $52 million loss as it sold some of its investments in electric pickup-truck maker Lordstown Motors Corp. Workhorse shares have lost 52% this year, contrasting with gains of 21% for the S&P 500 index.