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Mayor Steven M. Fulop announced July 13 the city's plan to expand use of electric vehicles, including fully electric garbage trucks and police response vehicles. ...
The executive order designates Workhorse as first and only medium-duty battery electric vehicle OEM to receive approvals from both the EPA as well as CARB. ...
The executive order designates Workhorse as first and only medium-duty battery electric vehicle OEM to receive approvals from both the EPA as well as CARB. ...
Baron Asset Fund recently published its second-quarter commentary – a copy of which can be downloaded here. During the second quarter of 2020, the Baron Asset Fund returned 28.02% (institutional shares). In comparison, the benchmark S&P 500 Index was up 20.54%, while the Russell Midcap Growth Index was up 30.26%. You should check out Baron […]...
Moderna Inc (NASDAQ: MRNA) shares are surging above the $70 level for the first time since late May following sell-side commentary on its coronavirus vaccine program.The Moderna Analyst: Jefferies analyst Michael Yee initiated coverage of Moderna with a Buy rating and $90 price target.The Moderna Thesis: There is good probability the vaccine will work and get at least emergency approval by early 2021, Yee said in a note, citing his discussions with key opinion leaders and disclosures made by the company thus far.Given the likelihood of demand to remain elevated in the first two years, the analyst estimates billions in sales. This is despite the sell-side remaining divided over whether Moderna will be successful in its pursuit for a coronavirus vaccine, he added.Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter.Key catalysts for the stock are the Phase...
Delta Air Lines may be able to avoid involuntary furloughs in the fall after receiving interest from more than 15,000 employees for early buyout packages, one person with knowledge of the matter said, even as other U.S. airlines are sounding the alarm on jobs. Atlanta-based Delta is among large U.S. airlines that have been trying to encourage workers to leave voluntarily before a government ban on forced job cuts expires on Sept. 30, when they warn they must shrink given depressed demand in the coronavirus pandemic. The deadline for most Delta employees to accept early departure or early retirement packages was Monday....
(Bloomberg) -- Amateur investors who loaded up on J.C. Penney Co. shares as the retailer went bankrupt are now pleading with a judge to spare them from a complete wipeout.“I hope and pray for you to consider the shareholders,” wrote 50-year-old individual investor John Hardt in a letter dated May 25, one of dozens sent to the Corpus Christi, Texas-based court overseeing the case in recent months.Hardt is part of a growing number of retail traders -- many driven by lockdown boredom and free online trading -- who have piled into the stock market. Speculation by amateurs is nothing new, but for the first time experts can recall, investors are buying shares of even bankrupt companies. Hertz Global Holdings Inc., oil driller Whiting Petroleum Corp. and J.C. Penney have all seen their stock price surge in recent sessions, despite being in Chapter 11.Those gains almost always prove fleeting, leaving retail traders...
