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Jalopnik

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Automakers Don't Want to Start an #EVPriceWar With #Tesla - At Least Not Yet

This article discusses the reluctance of automakers to engage in an electric vehicle (EV) price war with Tesla. Automakers are aware that Tesla has a strong foothold in the EV market and are hesitant to compete with them on price. They are instead focusing on developing their own unique EV models and features, as well as investing in research and development to create more efficient and cost-effective EVs. The article also discusses the potential for an EV price war in the future, as more automakers enter the market and competition increases.

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CNN

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Biden to Address Excessive Fees at Competition Council Meeting

Biden will be addressing the Competition Council Meeting to discuss the issue of excessive fees charged by companies. He will be discussing ways to reduce these fees and ensure that consumers are not being taken advantage of. He will also be discussing ways to increase competition in the marketplace, which will help to keep prices low and ensure that consumers have access to the best products and services. This meeting is an important step in ensuring that consumers are protected from unfair practices and that businesses are able to compete fairly.

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Melissa Thornton

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#MetaCorp to Release Fourth-Quarter Earnings Report After Market Close

MetaCorp is set to release its fourth-quarter earnings report after the market close on Tuesday. The report will provide investors with an update on the company's financial performance for the quarter ended December 31, 2020. Investors will be looking for information on revenue, earnings per share, and other key metrics. The report will also provide insight into the company's outlook for the coming year.

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CNN

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#CoupleForgetBabyAtAirportCheckIn #IsraeliAirport

This is a story about a couple who accidentally left their baby at an Israeli airport check-in counter. The couple had been traveling with their infant and were in the process of checking in for their flight when they realized that they had forgotten their baby. Thankfully, the baby was quickly found by airport staff and reunited with its parents. The incident serves as a reminder to all travelers to double-check that they have all their belongings before leaving the airport.

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Melissa Thornton

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FedEx Reduces Its Officer and Director Ranks by 10% #FedEx #Layoffs #Demand

FedEx has announced a 10% reduction in its officer and director ranks due to the current economic downturn caused by the COVID-19 pandemic. This move is part of the company's efforts to reduce costs and adjust to the changing demand for its services. The layoffs will affect approximately 1,700 employees across the United States and Canada. FedEx has also implemented other cost-saving measures such as reducing capital expenditures and suspending its dividend.

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Melissa Thornton

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#Stocks #BigMoves: #Peloton #AMD #Altria #Snap and More

Stocks Big Moves is a comprehensive guide to the hottest stocks on the market. It covers stocks from Peloton, AMD, Altria, Snap and more. It provides detailed analysis of each stock, including their current performance, potential risks and rewards, and strategies for investing. It also offers advice on how to make the most of your investments and maximize your returns. With Stocks Big Moves, you can stay up-to-date on the latest stock news and make informed decisions about your investments.

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Cyril Dutronc

News

#StockMarket #LiveNews #FedDecision - Stocks Dip Ahead of Federal Reserve Announcement

This item is a news story about the stock market's reaction to an upcoming announcement from the Federal Reserve. The markets have dipped in anticipation of the decision, which could have a major impact on the economy. Investors are closely watching the Fed's decision and its potential implications for the stock market. The story provides live updates on the market's movements and analysis of the potential outcomes of the Fed's decision.

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Reuters

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Rivian to Cut Jobs Amid Price War

Rivian, an electric vehicle manufacturer, is cutting jobs amid a price war in the industry. The company has announced that it will be reducing its workforce by 10%, or about 200 employees, in order to remain competitive in the market. The cuts are expected to affect both salaried and hourly workers, and will be focused on areas such as engineering, manufacturing, and sales. Rivian is also looking to reduce costs in other areas, such as marketing and research and development. The company is hoping that these measures will help it remain competitive in the face of increasing competition from other electric vehicle manufacturers.

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Financial Times

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#AdaniEnterprisesCancelsShareSale

Adani Enterprises has cancelled its planned share sale, which was intended to raise funds for the company's expansion plans. The company had planned to issue up to 10 percent of its equity capital in the form of shares to the public. The decision to cancel the share sale was taken due to unfavorable market conditions and the current economic uncertainty. Adani Enterprises is a leading Indian conglomerate with interests in energy, resources, logistics, agri-business, real estate, financial services, and defense. The company has been expanding its operations in India and abroad, and the proceeds from the share sale were intended to fund these expansion plans.

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