Activist investor Dan Loeb’s Third Point LLC has bought a new stake…
Browsing Tag
Divestments
9 posts
Carvana Cuts Costs as Demand for Used Autos Remains Under Pressure
Online used-car dealer Carvana Co. said it is aggressively cutting costs as…
Inflation and Rising Rates Knock Results at Allstate, MetLife
This copy is for your personal, non-commercial use only. Distribution and use…
Chevron to Cut Back in California, Remain Based in State
Chevron is planning to sell its current headquarters in California and is…
Tech Billionaire Brings Down Breakup Plan by Australia’s Biggest Polluter
SYDNEY—A tech billionaire brought down plans by Australia’s biggest polluter to spin…
Lordstown Motors’ Ability to Stay in Business Hinges on Raising Capital, Valuation, CFO Says
Lordstown Motors Corp.’s ability to stay in business for at least another…
Lordstown Motors Remains Concerned About Ability to Stay in Business, CFO Says
Lordstown Motors Corp.’s ability to stay in business for at least another…
McDonald’s to Exit From Russia After Three Decades
McDonald ’s Corp. said it would quit Russia and sell its business…
Renault Sells Russia Business to State-Backed Entity for One Ruble
PARIS—French auto maker Renault SA has reached a deal to cede its…