Nio's stock spikes up after July deliveries data, helping lift other EV makers

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Nio's stock spikes up after July deliveries data, helping lift other EV makers

Shares of Nio Inc. NIO, +13.00% spiked up 12.8% in afternoon trading Monday, after the China-based electric vehicle maker and Tesla Inc. TSLA, +3.91% rival reported upbeat July deliveries data. Nio said it delivered 2,533 vehicles in July, up more than …
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Republic Airways to temporarily lay off 97 Louisville-based workers

An estimated 97 Republic Airways employees based at Louisville Muhammad Ali International Airport are expected to be laid off this fall, the company announced. In a July 30 notice to the Kentucky Career Center, Republic Senior Vice President Matthew …
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GM alleges Fiat Chrysler spent millions to bribe UAW leaders

DETROIT — General Motors is asking a federal judge to reconsider his dismissal of a lawsuit against Fiat Chrysler based on new allegations that FCA bribed union and GM officials with millions stashed in secret foreign bank accounts. Support our journalism.
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GLOBAL MARKETS-Dollar, equities gain on upbeat manufacturing data

(Adds oil, gold settlement prices). * Shares gain as tech shines on Microsoft-TikTok talks. * Asia ex-Japan dips, Nikkei aided by yen pullback. * Caixin China PMI beats forecasts at 52.8. * Gold reaches new peak, eyeing $2,000 level. By Herbert Lash.
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Amazon may be facing antitrust probe from New York attorney general

Inside an Amazon warehouse in Massachusetts. Ben Fox Rubin/CNET. Amazon appears to be facing even more antitrust troubles. New York Attorney General Letitia James is joining the investigations into Amazon’s market power, according to Bloomberg.
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