Online used-car dealer
Carvana Co.
said it is aggressively cutting costs as demand from consumers remains under pressure and the company faces the prospect of an economic downturn.Carvana—an early pandemic star…
Deloitte is exploring a plan to split its global audit and consulting practices, following an effort by fellow Big Four accounting firm Ernst & Young to potentially spin off its consulting arm, according to people familiar with the…
MicroStrategy Inc.’s
new chief financial officer on Wednesday said its strategy to buy and hold bitcoin long term won’t change despite the recent selloff in the digital asset, which has dented the value of the…
Lordstown Motors Corp.’s
ability to stay in business for at least another year remains in doubt until it secures more funding and its market value rises, its finance chief said after the electric-truck maker…
Lordstown Motors Corp.’s
ability to stay in business for at least another year remains in doubt until it secures more funding and its market value rises, its finance chief said after the electric-truck maker…
Ford Motor Co.
has sold off about 8% of its stockholdings in
Rivian Automotive Inc.,
according to people familiar with the matter, pushing shares of the electric-vehicle startup…