Company Reports – Page 81

Richard Branson’s Virgin Orbit Files for Bankruptcy

The satellite launch company, founded by Richard Branson, announced sweeping cuts last week as it struggled to recover from a high-profile rocket failure in January.

By Kevin Granville

Company Reports General Motors

General Motors Reports 18% Rise in Quarterly Sales

G.M. cited improvements in component supplies and robust demand even in the face of higher interest rates.

By Neal E. Boudette

Batteries BYD Co Ltd China Company Reports Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co General Motors Germany Musk, Elon Production Tax Credits, Deductions and Exemptions Tesla Motors Inc United States

Tesla Sales Jumped in the First Quarter

The electric car company’s decision to slash prices appears to have paid off in reviving demand.

By Jack Ewing

Company Reports Cornwall (England) Great Britain Layoffs and Job Reductions Rocket Science and Propulsion Satellites Virgin Group Virgin Orbit

Virgin Orbit’s Failed Launch Is a Blow to the Company

Richard Branson’s satellite launch company, which hasn’t recovered since a January mishap in Britain, has laid off nearly all its employees.

By Stanley Reed