Employees work on the assembly line of new energy vehicles (NEVs) at a workshop of China FAW Group’s Hongqi Fanrong Plant on July 5, 2023 in Changchun, Jilin Province of China. Zhang Yao | China News Service | Getty Images DETROIT — The unraveling of the U.S. electric vehicle push is increasingly raising concerns of… Continue reading How America’s EV retreat is increasing China’s control of global markets
Tag: M and A
Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge
Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa on Friday said the automaker plans to move forward as one company amid speculation that it would be better off selling brands or splitting up after disappointing results. “Stellantis is a… Continue reading Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge
Stellantis announces $26 billion hit from business overhaul; shares plunge
Stellantis logo is pictured at one of its assembly plants following a company’s announcement saying it will pause production there, in Toluca, state of Mexico, Mexico April 4, 2025. Henry Romero | Reuters Shares of automaker Stellantis plunged 27% in European trading on Friday, after the company said it expects to take a 22-billion-euro ($26… Continue reading Stellantis announces $26 billion hit from business overhaul; shares plunge
American Drive Acquisition Company Announces the Separate Trading of Its Class A Ordinary Shares and Warrants, Commencing on February 9, 2026
NEW YORK, Feb. 6, 2026 /PRNewswire/ — American Drive Acquisition Company (Nasdaq: ADACU) (the “Company”) today announced that, commencing on February 9, 2026, holders of the units (the “Units”) sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares (the “Ordinary Shares”) and warrants (the “Warrants”) included in… Continue reading American Drive Acquisition Company Announces the Separate Trading of Its Class A Ordinary Shares and Warrants, Commencing on February 9, 2026
Axcelis Stockholders Approve Merger with Veeco
BEVERLY, Mass., Feb. 6, 2026 /PRNewswire/ — Axcelis Technologies, Inc. (Nasdaq: ACLS) (“Axcelis”) today announced that its stockholders have voted to approve all proposals related to the Company’s pending merger (the “Merger”) with Veeco Instruments Inc. (Nasdaq: VECO) at its Special Meeting of Stockholders (“Special Meeting”). The final voting results of the Special Meeting will be… Continue reading Axcelis Stockholders Approve Merger with Veeco
Resolution Copper Donates $285,000 to United Food Bank
Multi-year agreement comes at a critical time when there is a record demand for food in the Copper Triangle, among Tribal Communities, and in the East Valley SUPERIOR, Ariz., Feb. 6, 2026 /PRNewswire/ — Resolution Copper has donated $285,000 to Mesa-based United Food Bank to support the nonprofit’s mission and work in the Copper Corridor,… Continue reading Resolution Copper Donates $285,000 to United Food Bank
CPNG Investors Have Opportunity to Lead Coupang, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm
NEW YORK, Feb. 6, 2026 /PRNewswire/ — Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Coupang, Inc. (NYSE: CPNG) between August 6, 2025 and December 16, 2025, both dates inclusive (the “Class Period”) of the important February 17, 2026 lead plaintiff deadline in the securities class action first filed… Continue reading CPNG Investors Have Opportunity to Lead Coupang, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm
Ziegler Closes Financing for Friendship Village of Kalamazoo
CHICAGO, Feb. 6, 2026 /PRNewswire/ — Ziegler, a specialty investment bank is pleased to announce the successful closing of Friendship Village of Kalamazoo’s $103,585,000 Series 2026A, B-1, B-2, and B-3 Bonds issued through the Economic Development Corporation of the City of Kalamazoo (collectively referred to as the “Series 2026 Bonds”). Lifecare, Inc., d/b/a Friendship Village… Continue reading Ziegler Closes Financing for Friendship Village of Kalamazoo
KRATON APPOINTS SANGWOO RYU AS CHIEF EXECUTIVE OFFICER
HOUSTON, Feb. 6, 2026 /PRNewswire/ — Kraton Corporation, a leading global producer of specialty polymers and high-value bio-based chemicals derived from pine wood pulping co-products, announces the appointment of Sangwoo Ryu as Chief Executive Officer (CEO). Continue Reading Mr. Sangwoo Ryu, Chief Executive Officer, Kraton Corporation Currently serving as CEO of Cariflex Pte Ltd, a… Continue reading KRATON APPOINTS SANGWOO RYU AS CHIEF EXECUTIVE OFFICER
White Paper Connecting Rural Broadband Gaps to Organizational Wellness and Workforce Stability Published by the University of Phoenix College of Doctoral Studies
Research by Dr. Stella Smith draws on Career Institute® study to examine how digital access challenges affect rural workers and organizations. PHOENIX, Feb. 6, 2026 /PRNewswire/ — University of Phoenix College of Doctoral Studies today announced the publication of a new research white paper, “The Rural Digital Divide and Organizational Wellness,” by Stella Smith, Ph.D. The… Continue reading White Paper Connecting Rural Broadband Gaps to Organizational Wellness and Workforce Stability Published by the University of Phoenix College of Doctoral Studies