Volkswagen Weighs Up to 100,000 More Job Cuts in Restructuring Push
Volkswagen says it is weighing up to 100,000 job cuts as part of a broad restructuring, adding to the 50,000 already signaled, with decisions...
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Vivani Medical’s GLP-1 Implant Aims to Help Patients Stay On Treatment
Vivani Medical is developing a tiny under-the-skin implant of semaglutide to address the challenge of maintaining weight loss by keeping patients on GLP-1 therapy.
United Airlines Tops Estimates as Fuel Costs Loom Over 2026 Outlook
United Airlines beat quarterly expectations with adjusted EPS of $1.99 on revenue of $17.67 billion, while warning that jet-fuel costs could add up to...
SpaceX Shares Dip Below IPO Price as Market Turbulence Persists
SpaceX’s stock price falls below its IPO price of $135 just over a month after its debut, trading around $132.62
Anthropic Moves Closer to Mega‑IPO as Banks Line Up Investor Meetings
Anthropic is lining up investor meetings ahead of a potential IPO, with Goldman Sachs, Morgan Stanley and JPMorgan Chase involved.
Rivian Stock Falls 18% As Company Sells 75 Million Shares To Raise Capital
Rivian shares tumbled 18% after the EV maker announced a 75 million share public offering to raise about $1.51 billion, alongside Q2 revenue guidance of $1.55–$1.65
SpaceX IPO Momentum Fades After Stellar Debut, Shares Rally to $225 Then Slide
A month after SpaceX’s historic IPO, the stock has fallen from its intraday peak of $225, trading around $145, with analysts warning of continued...
Chipotle Opens First Mexico Outlet Amid Mixed Reception and Expansion Plans
Chipotle opens its first restaurant in Mexico, a milestone for the global chain with 4,100 outlets.
Delta CEO Says Airline Fares May Stay Elevated Even If Jet Fuel Falls
Delta Air Lines argues that higher fares could persist for consumers even as jet fuel costs ease, highlighting structural shifts, diversification of revenue streams,...
Levi Strauss Beats Expectations, Lifts Guidance and Dividend
Levi Strauss posted better-than-expected Q2 results with revenue at $1.56B, earnings of 22 cents per share, and an increased full-year outlook as prices and...