11:31 AM EDT, 10/25/2024 (MT Newswires) -- North American Construction Group ( NOA ) on Friday said it extended its senior secured credit facility to October 3 2025. The capacity has also been increased to provide greater flexibility in operating the company's Australian and Canadian businesses. The credit facility provides lending capacity of $525 million, up from $475 million, through...

FRANKFURT (Reuters) -Luxury sportscar maker Porsche AG on Friday warned it may cut costs after a slower-than-expected transition towards electric vehicles and persisting weakness in the Chinese market caused nine-month operating profit to fall by more than a quarter. For this reason, we are reviewing our product line-up and ecosystem, as well as our budgets and cost position. All with...

(Reuters) - Alphabet's self-driving unit, Waymo, said on Friday it had closed a $5.6 billion funding round led by the Google parent, as it looks to expand its autonomous ride-hailing service. Automakers and technology companies are investing in autonomous ride-hailing services to capitalize on the technology to drive commercial success, even as it faces widespread skepticism and tight regulatory scrutiny....

11:32 AM EDT, 10/25/2024 (MT Newswires) -- The US Centers for Disease Control and Prevention said Friday that 26 new E. coli cases potentially linked to McDonald's (MCD) Quarter Pounders have been reported, bringing the total to 75. The CDC also said the outbreak has resulted in 12 new hospitalizations, bringing that total to 22, and three new states have...