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GM Undershoots Estimates on Chip Dearth, Lifts Full-Year Outlook

(Bloomberg) -- General Motors Co. missed analysts’ profit estimates for the latest quarter but raised its full-year guidance as rich margins on pickups vied with nagging production cuts at its North American factories from a global semiconductor shortage. Soaring new-vehicle prices on high-margin pickups couldn’t make up for supply chain issues in the second Read more

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GM Undershoots Estimates on Chip Dearth, Lifts Full-Year Outlook
(Bloomberg) -- General Motors Co. missed analysts’ profit estimates for the latest quarter but raised its full-year guidance as rich margins on pickups vied with nagging production cuts at its Read more
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Nikola Falls After Revising Down Electric Truck Deliveries
(Bloomberg) -- Shares of Nikola Corp., the pre-production truckmaker whose founder was charged last week with misleading investors, fell after the company lowered its initial vehicle delivery Read more
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Airbus Delivered More Than 70 Jets in June to Beat 2020 Tally
(Bloomberg) -- Airbus SE delivered more than 70 jets in June, one of its best months for handovers since the start of the pandemic, according to people familiar with the matter. The tally Read more
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Carmakers Learn to Live With Chip Shortage: Auto Sales Update
(Bloomberg) -- Automakers’ sales soared in the second quarter as resurgent consumers snapped up sport utility vehicles and pickups, but thin inventories created by the global semiconductor Read more
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United Goes All-In on Premium Flyers With 270 Jets, Upgrade
(Bloomberg) -- United Airlines Holdings Inc. is overhauling its fleet with the biggest jetliner order in company history and an ambitious upgrade for its aircraft cabins, bolstering a push to Read more
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Ford Unveils the Electric F-150, Aims to Shake up the EV Market
(Bloomberg) -- Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a test track at the automaker’s suburban Detroit proving grounds and mashes Read more

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the drug development pipeline
Is It Time to Revamp the Drug Development Pipeline?
October 19, 2021
  Keypoints: Pharmaceutical industry is under pressure to increase demand and productivity. Pharma manufacturers are also expected to reduce waste in the drug development pipeline. Read more
How Major League Baseball Can Reverse its Sagging Popularity
Three Perspectives on How Major League Baseball Can Reverse its Sagging Popularity
October 19, 2021
Baseball has occupied an important place in the fabric of American society for well over a century. The game carries a strong sense of history and nostalgia for many of us, conjuring memories of playing catch in the Read more
What Will Connected Fitness Look Like in 2022?
Will Connected Fitness Keep the Up The Workout Momentum in 2022?
October 19, 2021
  Key Points: Echelon has a developed a variety of workout equipment to reach wide demographics. In order to improve on its products, Echelon is looking at new features such as Read more
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GM Undershoots Estimates on Chip Dearth, Lifts Full-Year Outlook
August 4, 2021
(Bloomberg) -- General Motors Co. missed analysts’ profit estimates for the latest quarter but raised its full-year guidance as rich margins on pickups vied with nagging production cuts at its North American factories from a global semiconductor shortage. Soaring new-vehicle prices on high-margin pickups couldn’t make up for supply chain issues in the second Read more
Nikola Falls After Revising Down Electric Truck Deliveries
August 3, 2021
(Bloomberg) -- Shares of Nikola Corp., the pre-production truckmaker whose founder was charged last week with misleading investors, fell after the company lowered its initial vehicle delivery projections and warned of nagging supply chain issues. Chief Executive Officer Mark Russell told analysts on a conference call Tuesday the startup is facing “numerous” Read more
Airbus Delivered More Than 70 Jets in June to Beat 2020 Tally
July 5, 2021
(Bloomberg) -- Airbus SE delivered more than 70 jets in June, one of its best months for handovers since the start of the pandemic, according to people familiar with the matter. The tally would take the company’s total handovers for the first six months of the year above 290 aircraft, for an increase of about 50% versus last year. Airbus is set to publish the Read more
Carmakers Learn to Live With Chip Shortage: Auto Sales Update
July 2, 2021
(Bloomberg) -- Automakers’ sales soared in the second quarter as resurgent consumers snapped up sport utility vehicles and pickups, but thin inventories created by the global semiconductor shortage are tempering the pace of the industry’s recovery. General Motors Co., Toyota Motor Corp. and others said Thursday that their sales soared in the most recent Read more
United Goes All-In on Premium Flyers With 270 Jets, Upgrade
June 29, 2021
(Bloomberg) -- United Airlines Holdings Inc. is overhauling its fleet with the biggest jetliner order in company history and an ambitious upgrade for its aircraft cabins, bolstering a push to appeal to more travelers willing to pay for pampering. The airline agreed to buy 200 Boeing Co. 737 Max jets and 70 Airbus SE A321neo planes, a deal valued at about Read more
Ford Unveils the Electric F-150, Aims to Shake up the EV Market
May 21, 2021
(Bloomberg) -- Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a test track at the automaker’s suburban Detroit proving grounds and mashes the accelerator. In about four seconds, she says, “We’re at 60” miles per hour. Then, a heartbeat later as the G-forces bear down, “We’re at 100.” No wonder Ford calls Read more
Airline Investors See a Post-Pandemic Rebound in Low-Cost Travel
April 14, 2021
(Bloomberg) -- New money is flowing to low-cost airlines in the U.S. as they take on giant carriers racing to recover from the unprecedented collapse in travel during the pandemic. Two established carriers that had already been flying sold shares in the past month, while two new airlines managed to raise more than $100 million each in a little over one year to Read more
VW’s Hopes of Catching Tesla Hinge on a $30 Billion Tech Reboot
March 14, 2021
(Bloomberg) -- Max Senges traded the visionary buzz of Silicon Valley for an old-school German industrial center bracing for a dramatic overhaul. As head of a new coding school in Wolfsburg, the former Google researcher is a small but important part of Volkswagen AG’s massive push into software. The strategy — involving more than $30 billion in investment Read more
AIRO Engages Stephens to Represent the UAM and Drone Ecosystem Group for an Optimally Aligned SPAC Merger
March 4, 2021
CHICAGO, March 4, 2021 (Newswire.com) - The AIRO Group (AIRO), a global end-to-end Urban Air Mobility (UAM) and drone ecosystem company, today announced that it has engaged Stephens Inc. to assist in exploring a business combination agreement with a Special Purpose Acquisition Company (SPAC) which would result in a public listing on a US Stock Exchange. AIRO is Read more