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01 Apr, 2020
PepsiCo Pre-Orders Tesla Semi Trucks
PepsiCo, Inc. (NYSE: PEP) has been seeking ways to reduce fuel costs and fleet emissions by reserving 100 of Tesla Inc (NASDAQ: TSLA) new electric Semi trucks. For awhile now, Tesla has been trying to build an affordable electric big rig with c..
Kohl's Reported Worse-than-Expected Earnings, Shares Drop
Kohl's Corporation (NYSE: KSS) reported worse-than-expected third-quarter earnings on Thursday. The results were influenced by higher costs and hurricanes. Shares of the company dropped 6.9% to $37.97 per share after the announcement.For the thi..
China’s Cosco Shipping Holdings Buy’s Stake in Orient Overseas International Ltd
For $6.3 million, China’s Cosco Shipping Holdings Co. decided to buy a controlling stake in Hong Kong based Orient Overseas International Ltd. (OOIL) This resulted in a deal that would expand China’s container shipper services, making it..
Takata Files for Bankruptcy
Japan’s Takata Corporation filed for bankruptcy protection in Japan and the United States and agreed to be acquired for $1.6 billion by Key Safety Systems which is Chinese owned and U.S. based. Takata faces tens of billions of dollars in costs..
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