Stellantis (NYSE: STLA) to sell majority stake in Comau robotics unit to One Equity Partners MILAN (Reuters) – Carmaker Stellantis (NYSE: STLA) will sell a majority stake in its robotic unit Comau to One Equity Partners, the three companies said in a statement...
General Dynamics (NYSE:GD) quarterly revenue rises on higher defense demand. General Dynamics (NYSE:GD) reported an 18% rise in second-quarter revenue on Wednesday, helped by higher demand for its ammunitions and nuclear-powered submarines.Despite cost pressures owing...
Italy seizes 121 million euros from Amazon unit over alleged tax, labor offenses. MILAN (Reuters) – Italy’s tax police have seized some 121 million euros from an Italian unit of e-commerce giant Amazon (NASDAQ: AMZN) as part of an investigation into...
Exclusive-Capital One pledges $265 billion in lending, philanthropy as it tries to clinch Discover deal. By Michelle PriceWASHINGTON (Reuters) -Capital One will commit $265 billion over five years to lending, philanthropy and investment if its takeover of Discover...
By Patrick Wingrove (Reuters) – The Biden administration on Tuesday is expected to release its list of 10 prescription medicines that will be subject to the first-ever price negotiations by the U.S. Medicare health program that covers 66 million people....
(Reuters) -The United Auto Workers (UAW) union on Friday said members voted overwhelmingly in favor of authorizing a strike at the Detroit Three automakers if agreement is not reached before the current four-year contract expires on Sept. 14. The authorization was...