Frozen treat maker sold
Derek Redd
CHANGING HANDS — The Ziegenfelder Co. announced Thursday that it has been acquired by The Armstrong Group, a company based in Butler, Pa. On hand for the announcement were,…
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Cosmetics maker Revlon nears chapter 11 filing
Check out what's clicking on FoxBusiness.com. Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent…
Lucid Motors drops as luxury electric vehicle maker receives SEC subpoena
Lucid MotorsLucid Group shares dropped Monday to a one-month low after the company said it received a subpoena from the SEC.
The SEC's investigation appears focused on the tie-up between Lucid and Atieva.
Atieva was founded as…
Vietnam car maker VinFast to build U.S. battery factory as it goes all-electric
The VinFast logo is seen on a car during the first press day of the Paris auto show, in Paris, France, October 2, 2018. REUTERS/Regis DuvignauRegister now for FREE unlimited access to Reuters.comRegisterVinFast to cease gasoline-powered…
Shares of Chinese EV maker BYD jump after exec says company is set to supply batteries to
This photo from Dec. 2019 shows robotic arms spray painting a car body shell at the BYD Automobile Company Limited Xi'an plant. BYD is set to supply Tesla with batteries "very soon," a senior company executive told a Chinese state media…