Rivian Lost $1.7 Billion in the Third Quarter
The electric truck maker said it had enough cash to fund its operations through 2025.
Posted inCompany Reports Electric and Hybrid Vehicles Factories and Manufacturing Lucid Motors Inc Production Rawlinson, Peter (Automotive Executive)
Lucid Said It Will Raise Up to $1.5 Billion in Capital
The electric carmaker made the announcement on the same day it reported losing $670 million in the third quarter.
Posted inBiden, Joseph R Jr Embargoes and Sanctions Europe European Union Group of Seven International Relations International Trade and World Market Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Russia Russian Invasion of Ukraine (2022) United States
US Extends Enforcement of Sanctions on Russian Oil Deliveries to January
No decision has been made on the price of the oil cap, which will take effect in five weeks.
Posted inBiden, Joseph R Jr Chevron Corporation Company Reports Embargoes and Sanctions Exxon Mobil Corp International Trade and World Market Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Stocks and Bonds Strategic Petroleum Reserve (US) United States Economy
Exxon and Chevron Rack Up Giant Profits
Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.