Ford Motor Co ( F ) shares are ticking lower on Thursday. The auto company announced further job cuts at its Valencia, Spain, assembly plant, totaling up to 1,600 positions, following a previous reduction of 1,100 staff last year. The decision reflects ongoing adjustments in Ford’s European operations, reported Reuters. The automaker, which currently employs about 4,700 workers at the...

11:26 AM EDT, 06/13/2024 (MT Newswires) -- Coupang ( CPNG ) was slapped on Thursday with a fine of 140 billion won ($102 million) by South Korea's antitrust agency for allegedly engaging in unfair product promotion practices, multiple Korean news outlets reported. The Korea Fair Trade Commission also ordered Coupang ( CPNG ) and its subsidiary, Coupang Private Label Brands,...

11:28 AM EDT, 06/13/2024 (MT Newswires) -- Healwell AI (AIDX.TO) on Thursday said it agreed to buy BioPharma Services, a full-service contract research organization specializing in early clinical trials, for $11.9 million from Think Research to expand its clinical-research capabilities. The deal consideration is in addition to a performance earnout of up to $2.5 million. The transaction is expected to...

Mullen Automotive Inc ( MULN ) shares are volatile Thursday after its Bollinger Motors division secured an order for 80 all-electric Class 4 commercial trucks. What To Know: Mullen announced Thursday that its subsidiary Bollinger Motors reached an agreement to sell 80 Bollinger B4 trucks to Momentum Groups for $13.2 million. Momentum offers fleet management and EV charging solutions. The company...