EHang Holdings Limited ( EH ) shares are trading higher after the company disclosed the launch of a UAM Hub at Luogang Central Park in Hefei, Anhui Province. This marks the second vertiport in the area, following the opening of the UAM Operations Center in May. The Hub is expected to support the future operation of EHang’s EH216-S pilotless passenger...

12:24 PM EST, 11/13/2024 (MT Newswires) -- Boeing ( BA ) is issuing layoff notices starting Wednesday to employees affected by a previously announced 10% workforce reduction, about 17,000 jobs, multiple media outlets reported Wednesday. US workers who will get their notices this week will remain on the company's payroll until January in compliance with federal requirements on notifying workers...

12:27 PM EST, 11/13/2024 (MT Newswires) -- Gaucho Group ( VINO ) said Wednesday it has filed for Chapter 11 reorganization to protect its assets, including Algodon Mansion and Algodon Wine Estates in Argentina, and to ensure continued operations. The Chapter 11 process will enable it to challenge claims by creditors and, if deemed valid, establish a structured repayment plan...

12:22 PM EST, 11/13/2024 (MT Newswires) -- SoundHound AI ( SOUN ) delivered Q3 earnings and revenue that surpassed expectations, driven by growing demand for its voice artificial intelligence technology across multiple industries, as the company looks to add more products and broaden its target market, Wedbush Securities said in a note Wednesday. In the pipeline is Polaris, a new...