Month: August 2022

Following news that global automaker Stellantis would be terminating its joint venture to produce Jeeps with Guangzhou Automobile Group (GAC), the Chinese automaker has clapped back. More specifically, GAC has singled out Stellantis CEO Carlos Tavares over his recent comments about the failed joint venture, and the supposed “broken trust” between the two partners. Stellantis ($STLA) is
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Scientists combined data from NASA’s New Horizons mission with novel laboratory experiments and exospheric modelling to reveal the likely composition of the red cap on Pluto’s moon Charon and how it may have formed. This first-ever description of Charon’s dynamic methane atmosphere using new experimental data provides a fascinating glimpse into the origins of this
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Conservative leadership hopeful Liz Truss is promising to “wage war on Whitehall waste” with proposals to shake up civil service pay. The foreign secretary says she will save up to £11bn a year by adjusting wages for regional jobs, scrapping roles focused on diversity and inclusion, and ending paid time off for union officials to
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In this article PINS Pinterest shares jumped on better-than-expected user numbers even as earnings and revenue missed estimates and the company gave weak guidance for the third quarter. Activist investor Elliott Management confirmed separately that it’s Pinterest’s top investor and said it has “conviction in the value-creation opportunity” at the company.  Here’s how the company did. Earnings: 11
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12:05 PM ET The NBA is investigating possible tampering charges involving the New York Knicks‘ free agent pursuit and signing of former Dallas Mavericks guard Jalen Brunson, sources confirmed to ESPN. Teams weren’t allowed to make contact with an agent or a player to discuss a deal prior to 6 p.m. ET on June 30,
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