09:00 AM EST, 01/10/2025 (MT Newswires) -- Tesla (TSLA) is recalling 239,382 vehicles over a rearview camera issue, according to information posted on the National Highway Traffic Safety Administration's website. The NHTSA said that when the affected vehicles are powered up, a reverse current may occur, resulting in a short circuit on the car computer board and the loss of...

08:59 AM EST, 01/10/2025 (MT Newswires) -- AbbVie ( ABBV ) said in a regulatory filing Friday that it will book a non-cash after-tax intangible asset impairment charge of about $3.5 billion related to its potential schizophrenia drug emraclidine, acquired as part of its Cerevel Therapeutics buyout. The company said in November that phase 2 tests of emraclidine as a...

09:00 AM EST, 01/10/2025 (MT Newswires) -- Wayfair ( W ) said Friday it is exiting the German market immediately, a move expected to impact about 730 employees and result in restructuring charges of $102 million to $111 million. The company plans to reassign about half of the affected roles to other corporate offices, according to a regulatory filing with...

(Reuters) - Corona and Modelo owner Constellation Brands ( STZ ) cut its annual sales forecast on Friday as persistently sticky inflation dents consumer spending on beers, wines and spirits. The company now expects annual net sales to grow 2% to 5%, compared with its previous forecast of 4% to 6% growth. Given near-term uncertainty on when consumers will revert...