Didi Chuxing, China's biggest ride-hailing firm, on Thursday made public the filing for its long-anticipated U.S. stock market listing, setting the stage for what is expected to be the world's biggest initial public offering this year. | Video
A $9 billion oil pipeline that became a symbol of the rising political clout of climate change advocates and a flash point in U.S.-Canada relations was officially canceled on Wednesday.
(Reuters) -U.S. electric truck maker Lordstown Motors Corp said on Tuesday there was "substantial doubt" about its ability to continue as a going concern in the next year because of problems funding the production of its vehicle, causing its shares to plummet.
U.S. securities watchdog told Tesla Inc last year that Chief Executive Officer Elon Musk's use of Twitter had twice violated a settlement requiring his tweets to be preapproved by company lawyers, the Wall Street Journal reported on Tuesday.
(Reuters) -Wall Street is expecting Canadian Pacific to raise its offer for Kansas City Southern even at the cost of more debt to win the bidding war with larger Canadian railroad rival Canadian National.
(Reuters) -U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales.
May 7 U.S. auto parts suppliers warned of more
production cuts at major automakers as a global semiconductor
chip shortage worsens before easing in the second half of the
year and aiding in a partial recovery of lost sales.
(Reuters) -Auto technology supplier Aptiv Plc on Thursday reported better-than-expected quarterly profits, and Chief Executive Kevin Clark said the company will benefit from a surge in new electric vehicle projects at major auto manufacturers.
When Rob Ferretti of car rental firm Gothamdreamcars looked up the selling price for a 2018 Mercedes-Benz G-Class SUV, part of his luxury 25-vehicle fleet, he was elated it could fetch over $130,000 - nearly the same price paid three years ago.
(Reuters) -Boeing Co on Wednesday confirmed a halt on 737 MAX deliveries after electrical problems re-grounded part of the fleet, and voiced concerns over a surging pandemic in India and U.S.-China political tensions. | Video