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Day: May 2, 2024

Rivian receives $827 million in incentives to expand Illinois facility, shares jump
Business

Rivian receives $827 million in incentives to expand Illinois facility, shares jump

May 2, 2024May 2, 2024

(Reuters) -Rivian Automotive said on Thursday it has received $827 million in an incentive package from the State of Illinois to expand operations at its

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Economy

Cummins revenue misses estimates as truck demand stays on slow lane

May 2, 2024May 2, 2024

(Reuters) – U.S. truck engine maker Cummins Inc missed Wall Street estimates for first-quarter sales on Thursday, dragged down by waning demand in China and

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