07:00 AM EDT, 06/14/2024 (MT Newswires) -- Stock influencer Keith Gill, known online as Roaring Kitty, said Thursday he now owns 9 million shares of GameStop ( GME ) , up from 5 million earlier in the week. In an update on Reddit, Gill showed that his position in the video game retailer is now valued at $262.1 million, and...

(Reuters) - The European Commission will apply additional duties of up to 38.1% on imported China-made electric cars from July, a move that Beijing is likely to retaliate against. Europe's auto industry had warned against imposing the tariffs, with German carmakers the most exposed to any counter moves as almost a third of their sales came from China in 2023,...

06:52 AM EDT, 06/14/2024 (MT Newswires) -- Stellantis ( STLA ) Chief Executive Carlos Tavares told investors Thursday that the carmaking giant is already set to assemble Europe-bound electrical vehicles it is building with Chinese partner Leapmotor International outside of China in anticipation of European tariffs. We have already pre-decided from which level of tariffs we go Completely Knocked Down,...

06:53 AM EDT, 06/14/2024 (MT Newswires) -- A Canadian resident of China pleaded guilty late Thursday for conspiring to steal and sell manufacturing trade secrets that belonged to a U.S.-based electric vehicle company to undercover government agents, according to the U.S. Department of Justice. The U.S. Department of Justice did not name the company, but a Reuters report identified Tesla...