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STOCKHOLM--Volvo Car swung to a second-quarter net loss as the deteriorating global auto market saw it book hefty restructuring and impairment charges.
Escalating tensions around tariffs have also clouded the future for car makers. Volvo Car has a diversified manufacturing footprint and has been working to shift some production from China to limit ...
Stocks rebounded on Wednesday after President Donald Trump denied reports that he was close to ousting Powell as chairman of ...
The restructuring involves laying off about 500 employees, which is estimated to save $120 million in annual costs in 2026. This year, Sarepta expects to save about $100 million, net of estimated ...
Investing.com -- Sarepta Therapeutics (NASDAQ: SRPT) stock soared 36% in after-hours trading Wednesday after the biotech company announced a major strategic restructuring plan designed to ensure ...
Sarepta stock catapulted Wednesday after the company announced a restructuring that includes 500 layoffs in the wake of two ...
Scale AI founder Alexandr Wang at Allen and Co.'s Sun Valley conference last year. Brendan McDermid/REUTERS. Scale AI just ...