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Tesla To Cut 285 Jobs At Buffalo Plants; Musk Apologizes For 'incorrectly Low' Severance Packages
Electric vehicle maker Tesla Inc. revealed that it will lay off 285 workers from its Buffalo, New York workforce. The planned job cuts represent 14 percent of the total workforce of 2,032 workers in the region. The job cuts are part of the massive layoffs the company recently announced. In a related development, reports said citing an internal email sent to employees, that Tesla Chief Executive...
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899 hari yang lalu
U.S. Leading Economic Index Unexpectedly Dips 0.3% In March
The Conference Board released a report on Thursday showing an unexpected pullback by its index of leading U.S. economic indicators in the month of March.
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899 hari yang lalu
Philly Fed Index Unexpectedly Indicates Faster Growth In April
Growth in Philadelphia-area manufacturing activity has unexpectedly seen a considerable acceleration in the month of April, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The Philly Fed said its diffusion index for current general activity jumped to 15.5 in April from 3.2 in March, with a positive reading indicating growth.
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900 hari yang lalu
Actinium Says Phase 3 SIERRA Trial Results Of Iomab-B Shows Improving OS For AML Patients
Actinium Pharmaceuticals, Inc. (ATNM) announced Thursday that results from the Phase 3 SIERRA trial of Iomab-B were presented in an oral presentation at the 50th Annual European Bone Marrow Transplant Society Meeting (EBMT) held in Glasgow, Scotland on April 14-17.
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900 hari yang lalu
U.S. Jobless Claims Unchanged From Slightly Upwardly Revised Level
First-time claims for U.S. unemployment benefits remained flat in the week ended April 13th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims came in at 212,000, unchanged from the previous week's revised level. Economists had expected jobless claims to rise to 215,000 from the 211,000 originally reported for the previous week.
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900 hari yang lalu
Moleculin Biotech Says EMA Grants Orphan Drug Designation To Annamycin To Treat AML
Pharmaceutical company Moleculin Biotech, Inc. (MBRX) announced Thursday that the European Medicines Agency (EMA) has granted Orphan Drug Designation to Annamycin for the treatment of Acute Myeloid Leukemia (AML).
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900 hari yang lalu
Philly Fed Index Unexpectedly Jumps To 15.5 In April
Growth in Philadelphia-area manufacturing activity has unexpectedly seen a considerable acceleration in the month of April, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday.
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900 hari yang lalu
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Infosys To Acquire German Engineering R&D Services Provider In-tech
Infosys Ltd. (INFY) announced Thursday a definitive agreement to acquire Germany's in-tech, a leading Engineering R&D services provider focused on German automotive industry. The terms of the deal were not disclosed.
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900 hari yang lalu
U.S. Weekly Jobless Claims Unchanged At 212,000
First-time claims for U.S. unemployment benefits remained flat in the week ended April 13th, according to a report released by the Labor Department on Thursday.
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900 hari yang lalu
Bay Street Likely To Open On Subdued Note
It's likely to be a somewhat subdued start for the Canadian market Thursday morning with investors tracking crude oil and metal prices. Concerns about the outlook for interest rates may weigh and limit market's upside.
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900 hari yang lalu
Allstate Corp. Reports Estimated Catastrophe Losses For March Of $328 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of March 2024 of $328 million or $259 million, after-tax. Total catastrophe losses for the first quarter were $731 million, pre-tax.
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900 hari yang lalu
Ally Financial Q1 Results Top Estimates
Ally Financial Inc. (ALLY), a bank holding company, reported Thursday that first-quarter net income attributable to shareholders decreased to $129 million or $0.42 per share from $291 million or $0.96 per share in the year-ago quarter.
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900 hari yang lalu
Iridium Reiterates FY24 Service Revenue Growth Outlook - Update
While reporting financial results for the first quarter on Thursday, Iridium Communications Inc. (IRDM) reiterated its total service revenue growth guidance for the full-year 2024.
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900 hari yang lalu
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