Canoo Inc. ( GOEV ) shares are trading lower in the premarket session on Thursday. The company is grappling with major financial challenges, leading to the furlough of 82 employees and the temporary shutdown of its factories in Oklahoma. The move comes as the electric vehicle manufacturer works to secure the necessary capital to continue its operations. Canoo ( GOEV...

06:29 AM EST, 12/19/2024 (MT Newswires) -- (Updates with Visa's response in the sixth paragraph.) Visa (V) and Mastercard ( MA ) will see a reduced fee paid by New Zealand's businesses when they accept their payments under a proposed draft decision issued by the Commerce Commission, the regulator said Wednesday. The proposal would result in an annual reduction of...

06:26 AM EST, 12/19/2024 (MT Newswires) -- WM Technology ( MAPS ) said Wednesday that it has received a non-binding proposal from its Chief Executive Officer, Chairman, and co-founder, Douglas Francis, as well as co-founder and stockholder, Justin Hartfield, to buy all outstanding common stock of the company that they do not already own for $1.70 per share. Francis and...

06:28 AM EST, 12/19/2024 (MT Newswires) -- Lamb Weston Holdings ( LW ) reported fiscal Q2 adjusted earnings Thursday of $0.66 per diluted share, down from $1.45 a year earlier. Analysts polled by FactSet expected $1.01. Net sales for the fiscal quarter ended Nov. 24 were $1.60 billion, down from $1.73 billion a year earlier. Analysts surveyed by FactSet expected...