12:24 PM EDT, 05/21/2024 (MT Newswires) -- Farmers & Merchants Bancorp's (FMAO) F&M Bank said Tuesday that Chair Jack Johnson has retired. Johnson held the position from July 2013 until he reached the maximum age limit in F&M's bylines on April 30, the bank said. Andrew Briggs was named chair for the company and the bank on May 3. Price:...

12:24 PM EDT, 05/21/2024 (MT Newswires) -- PepsiCo's ( PEP ) North American subsidiary announced Tuesday it would be adding more electric-powered vehicles to its fleet across California. PepsiCo Beverages North America said it would begin operating 50 Class 8 Semi trucks produced by Tesla (TSLA) and a further 75 E-Transit electric vans manufactured by Ford (F) in the next...

12:23 PM EDT, 05/21/2024 (MT Newswires) -- XPeng's ( XPEV ) first-quarter loss narrowed on an annual basis amid a sharp jump in revenue, while the Chinese automaker expects vehicle deliveries to grow as much as 38% in the ongoing three-month period from last year. The electric vehicle manufacturer posted an adjusted loss of 1.49 renminbi ($0.21) per American depositary...

12:25 PM EDT, 05/21/2024 (MT Newswires) -- JPMorgan Chase's ( JPM ) stock underperformed the S&P 500 by 5% during Monday's Investor Day after disappointing remarks on buybacks from Chief Executive Officer Jamie Dimon, Morgan Stanley said Tuesday in a report. The stock is expected to rebound on spending from a $17 billion tech war chest with net interest income...