Way back on Tuesday, AMC Entertainment Holdings Inc. announced that it had sold $230 million of stock to a hedge fund called Mudrick Capital Management LP. AMC’s stock went up on continuing wild retail enthusiasm, and Mudrick promptly dumped the …
See Original Article

Babylon Holdings Ltd., the medical startup that connects patients and doctors via an app, is going public via a merger with a blank-check company run by former Groupon Inc. executives. Alkuri Global Acquisition Corp. is raising about $230 million from …
See Original Article

“The global semiconductor shortage remains complex and very fluid,” Phil Kienle, G.M.’s vice president for North America manufacturing and labor relations, said in the statement. “Customer demand continues to be very …
See Original Article

Decreased pandemic-era pantry-stocking and rising raw material and transportation costs are expected to see food giant J.M. Smucker’s sales slip 2 to 3 percent this year, the company told investors Thursday (June 3), noting that slower uptake of the …
See Original Article

The Irish airline, the largest European customer for the MAX, is still waiting for Boeing to provide a date for the delivery of its first jet, a 197-seat MAX200, and will decide then if it can take it during its busy summer season, the executive said.
See Original Article