Rivian Automotive, Inc. ( RIVN ) shares rose on Tuesday following the company’s announcement of production and delivery figures for the second quarter. The firm manufactured 9,612 vehicles at their Illinois facility and delivered 13,790 vehicles during the period. In the same quarter last year, Rivian produced 13,992 vehicles and delivered 12,640 units. “Production and delivery results during the second...

(Reuters) - Stellantis ( STLA ) will invest an additional $55 million in Archer Aviation ( ACHR ) after the air taxi maker's flagship aircraft completed a transition flight last month, the companies said on Tuesday. ...

09:16 AM EDT, 07/02/2024 (MT Newswires) -- Crescent Energy ( CRGY ) and SilverBow Resources ( SBOW ) said Tuesday the waiting period for Crescent's proposed acquisition of the latter has expired under the Hart-Scott-Rodino Antitrust Improvements Act. Shareholders' meetings of both companies will take place July 29, Crescent and SilverBow added. The deal is expected to be completed soon...

09:17 AM EDT, 07/02/2024 (MT Newswires) -- Emergent Biosolutions ( EBS ) said Tuesday it has secured contract modifications totaling more than $250 million from the US Department of Health and Human Services' Administration for Strategic Preparedness and Response. The contracts include $30 million to supply Cyfendus this year; $99.9 million for ACAM2000; and two new contract options worth $122.9...