ToplineTwo historically low-income neighborhoods in Washington, D.C., have been secretly excluded from Amazon’s expedited delivery service over the last two years, despite residents paying millions of dollars for the company’s Prime membership, a lawsuit filed Wednesday alleges.The company instead relied on third-party delivery services like UPS to make Prime deliveries, a new ... [+] lawsuit alleges.Getty Images Key FactsIn a lawsuit filed in the D.C. Superior Court, Attorney General Brian Schwalb alleges ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

General Motors told shareholders on Wednesday that it would write down the value of its China business by more than $5bn.The company’s board of directors determined that the non-cash charges were necessary “in light of the finalization of a new business forecast and certain restructuring actions” with the joint venture, according to a company filing.CEO Mary Barra has been transforming GM’s operations in China as the former profit engine slipped to a loss in the last year. Barra told investors in October th ...

Employees work on Buick Envision SUVs at General Motors' Dong Yue assembly plant, officially known as SAIC-GM Dong Yue Motors Co., Ltd., on Nov. 17, 2022, in Yantai, Shandong Province of China.DETROIT – General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion in charges and writedowns, the Detroit automaker disclosed in a federal filing Wednesday morning.GM said it expects to write down the value of its joint-venture operations in Chi ...

TORONTO and DALLAS, Dec. 3, 2024 /PRNewswire/ - Perimeter Medical Imaging AI, Inc. (TSXV: PINK) (OTC: PYNKF) ("Perimeter" or the "Company"), a commercial-stage medical technology company, wishes to notify shareholders that in case of disruption due to the ongoing Canada Post strike, the Company's meeting materials (the "Meeting Materials") for the Company's upcoming annual general meeting to be held on December 12, 2024 at 1:00 p.m. (Toronto Time) (the "Meeting"), may be viewed on the Company's SEDAR+ profi ...

BETHESDA, Md., Dec. 3, 2024 /PRNewswire/ -- The Board of Directors at Lockheed Martin (NYSE: LMT) named Kevin O'Connor as the corporation's new senior vice president, general counsel and corporate secretary. Effective Jan. 13, O'Connor will succeed Maryanne Lavan, who plans to retire. O'Connor most recently served as senior vice president and chief legal officer for Carrier. Kevin O'Connor "Kevin is a proven leader who brings insight, expertise, and a shared commitment to our 21st Century Security® vis ...

General Motors Company GM shares are trading lower on Tuesday. They may also be breaking support.Stocks that break support tend to head lower and that could be the case here. This is why our team of technical analysts have made it our Stock of the Day.Some analysts don't understand technical analysis. They try to identify patterns on charts without understanding the price action that causes them to form.If understood and applied correctly, technical analysis is the study of supply and demand in a market.If ...

Dollar General Corporation (DG) is likely to register an increase in the top line when it reports third-quarter fiscal 2024 results on Dec. 5 before the opening bell. The Zacks Consensus Estimate suggests that the company will achieve revenues of $10.14 billion, marking a 4.6% increase compared to the same quarter last year. Despite the expected rise in revenues, Dollar General's bottom line is likely to have faced challenges. The Zacks Consensus Estimate for earnings per share for the third quarter has sli ...

General Motors Company (GM) plans to sell its stake in a joint venture battery plant in Lansing, MI, to its partner, LG Energy Solution, as part of efforts to scale back its electric vehicle (EV) strategy. The sale, expected to close by the end of March, will allow GM to recover its $1-billion investment in the facility.The deal does not affect GM's ownership stake in the Ultium Cells joint venture, which operates battery plants in Ohio and Tennessee. The Lansing plant, nearing completion, will serve a new, ...

BEIJING, Dec. 03, 2024 (GLOBE NEWSWIRE) -- ATA Creativity Global (“ACG” or the “Company”, Nasdaq: AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity, today announced that its 2024 Annual General Meeting of Shareholders (“AGM”) was held on Tuesday, December 3, 2024. All of the proposals submitted to shareholders at the 2024 AGM were approved. Specifically, shareholders approved: Re-election of Zhilei Tong to s ...