Finance

Rivian CEO R.J. Scaringe: Why Volkswagen needs us

Volkswagen’s planned $5 billion investment in Rivian is a lifeline for the troubled carmaker—but not necessarily the one you may think.  The cash injection plugs a...

Moderna says its RSV shot is 50% effective after 18 months

The FDA has approved Moderna's RSV vaccine for older adults.Courtesy: ModernaModerna Inc respiratory syncytial virus (RSV) shot mRESVIA showed 50% efficacy in preventing...

Four keys to watch out for in Biden-Trump debate

Investing.com -- U.S. President Joe Biden and former President Donald Trump are set to square off in a much-anticipated televised debate on Thursday, with...

An S&P 500 10% correction is likely this summer, says Piper Sandler

It's time to heed the warning signs in markets, according to Piper Sandler. Craig Johnson, the firm's chief market technician, expects the S...

UniFirst shares jump 6% on better-than-expected Q3 results By Investing.com

WILMINGTON, Mass. - UniFirst Corporation (NYSE: NYSE:) reported a robust third quarter, surpassing analyst expectations with an earnings per share (EPS) of $2.03,...

Fearless Fund co-founder steps down as operating chief

One of the co-founders of an Atlanta-based venture capital firm that supports women of color has stepped down as chief operating officer as...

Rivian investment a ‘catch-up move’ for Volkswagen, advisory firm says

Rivian electric vehicles sit in a lot at a Rivian facility in February 22, 2024 in Chicago, Illinois.Scott Olson | Getty Images News...

This chip stock could stage a ‘mother of all catch-up trades’ says Mizuho By Investing.com

The semiconductor sector appears overbought at current levels but the “long memory trade” feels alive and well, Mizuho analysts said, driven by a...

Bernard Arnault got a letter from Warren Buffett about his retirement age

That’s the one question luxury insiders and fashion lovers have about the biggest company in the industry, LVMH. The Paris-based behemoth has only ever...

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