09:30 AM EDT, 06/28/2024 (MT Newswires) -- American Well ( AMWL ) said Friday that its board approved a 1-for-20 reverse stock split to regain compliance with the New York Stock Exchange's minimum bid price requirement for continued listing. The reverse stock split, effective July 10, will reduce the number of the company's class A shares to about 13.3 million...

June 28 (Reuters) - The National Transportation Safety Board and Federal Aviation Administration said on Friday it will investigate a Southwest Airlines ( LUV ) flight that departed from a temporarily closed runway in Maine earlier this week. The FAA said on Tuesday an airport vehicle exited the runway before Southwest Flight 4805, a Boeing 737, began its takeoff roll...

Polestar Automotive Holding shares are trading lower Friday after the company reported its preliminary unaudited financial and operational results for 2023. The Details: Polestar reported fiscal year 2023 revenue of $2.38 billion, compared to revenue of $2.45 billion in the previous year. Polestar’s 2023 gross profit margin was in-line with earlier guidance, prior to recognizing non-cash impairment charges of around...

By Bhanvi Satija and Sneha S K (Reuters) - (This June 27 story has been corrected to drop a reference to Walgreens closing 700 stores in the U.S. as the number was already reported, in the headline and paragraph 1, and to remove the second paragraph that had references to the company closing Boots stores and taking a related charge...