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06/30/2022

According to a source familiar with Ferrari's business plans, a new production line focused on electric vehicles (EVs) should help lift annual production at its plant in Maranello, Italy, by more than 35% to over 15,000 cars by 2025 versus 11,155 in 2021 – or 65 cars per day versus 46 currently - delivering higher profit margins in the process.

06/28/2022

Robinhood (NASDAQ:HOOD) shares are down roughly 4% in pre-market after FTX’s founder Sam Bankman-Fried said his crypto exchange is not in talks to acquire Robinhood Markets .

06/27/2022

The company has nominated executives from Elliott Management and Farallon Capital Management for approval as outside directors at its annual general meeting, a move designed to end a long-running battle between the company and activist

06/24/2022

WASHINGTON (Reuters) - Production at U.S. factories unexpectedly fell in May, the latest sign of cooling economic activity as the Federal Reserve aggressively tightens monetary policy to tame inflation.
Slowing growth was indicated in other data showing a gauge of future economic activity declining in May for a third straight month. Other data this week showed a drop in retail sales last month as well as steep declines in homebuilding and permits. Weakness in manufacturing output also reflects a shift in spending from goods to services.😃

06/23/2022

A U.S. patient with leukemia has become the first woman and the third person to date to be cured of HIV after receiving a stem cell transplant from a donor who was naturally resistant to the virus that causes AIDS, researchers reported on Tuesday.

06/22/2022

Xmarket Servicos de Aplicacao e de Hospedagem Na Internet Ltda, doing business as Oitchau, today announced that its Oitchau - Time Tracking & Timesheets solution is now available on SAP® Store, the online marketplace for SAP and partner offerings. The Oitchau solution integrates with SAP® SuccessFactors® Employee Central and SAP SuccessFactors Employee Central Payroll and delivers a suite of time tracking and timesheet tools to customers.😀😀😀

06/21/2022

OTTAWA (Reuters) - The pace of Canadian home price growth slowed in May, edging off April's record high, but prices still rose both on the month and on the year, index data showed on Friday.

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