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Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian
Posted inAutomobiles Computers and the Internet Electric and Hybrid Vehicles Mergers, Acquisitions and Divestitures Rivian Automotive LLC Scaringe, R J Software Stocks and Bonds Tesla Motors Inc Volkswagen AG

Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian

VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.
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Posted by By Jack Ewing
Boeing Is Said to Offer Stock to Buy Spirit, Preserving Cash Amid Struggles
Posted inBoeing 737 Max Groundings and Safety Concerns (2019) Boeing Company Mergers, Acquisitions and Divestitures Spirit AeroSystems Inc Stocks and Bonds Supply Chain

Boeing Is Said to Offer Stock to Buy Spirit, Preserving Cash Amid Struggles

The plane maker is expected to soon strike a deal to acquire most of the operations of Spirit AeroSystems, a troubled supplier that makes the bodies of the 737 Max.
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Posted by By Niraj Chokshi and Lauren Hirsch
How Pet Care Became a Big Business
Posted inDogs Health Insurance and Managed Care Labor and Jobs Mergers, Acquisitions and Divestitures Pets Private Equity Tests (Medical) Veterinary Medicine

How Pet Care Became a Big Business

People have grown more attached to their pets — and more willing to spend money on them — turning animal medicine into a high-tech industry worth billions.
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Posted by By Katie Thomas
American Express Buys Tock to Pursue Customers Shelling Out on Dining
Posted inCredit Cards Mergers, Acquisitions and Divestitures Reservations (Airlines, Hotels, Etc.) Restaurants Resy Network Inc Squarespace Inc Tock LLC

American Express Buys Tock to Pursue Customers Shelling Out on Dining

The credit card company acquired Tock, a restaurant reservation company, after buying its rival, Resy, in 2019.
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Posted by By Emily Schmall

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