2024-10-05

Rivian lowers production forecast, misses Q3 delivery expectations

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters Shares of Rivian Automotive dropped by as much as 8.9% in intraday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual production…

Read More

2024-09-15

Strike will ‘jeopardize’ recovery, hurt aircraft production

Union members hold picket signs during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Washington, US, on Thursday, Sept. 12, 2024.  M. Scott Brauer | Bloomberg | Getty Images Boeing CFO Brian West said the labor strike that began just after midnight Friday will hurt aircraft…

Read More