12:22 PM EDT, 05/28/2024 (MT Newswires) -- DraftKings ( DKNG ) will see a negative impact from the likely increase of the Illinois sports betting tax, Oppenheimer said Tuesday in note to clients. On Sunday night, the Illinois Senate has passed a budget that includes a tax hike on sports betting companies, according to media reports. The legislation would make...

FRANKFURT, May 28 (Reuters) - Volkswagen will develop low-cost electric vehicles in a bid to better compete with fierce Chinese rivals, Europe's largest carmaker said on Tuesday, after talks with Renault to team up on the project collapsed earlier this month. The target is to produce electric vehicles for the European market priced at around 20,000 euros ($21,746), the company...

12:16 PM EDT, 05/28/2024 (MT Newswires) -- James J Jeter, Chief Revenue Officer, on May 24, 2024, sold 5,000 shares in RB Global ( RBA ) for $380,700. Following the Form 4 filing with the SEC, Jeter has control over a total of 26,410 shares of the company, with 23,267 shares held directly and 3,143 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1046102/000095017024064969/xslF345X03/ownership.xml...

Viking Holdings Ltd ( VIK ) has been in focus especially after Jim Cramer said he was backing the IPO despite the premium price. BofA Securities On Viking Holdings ( VIK ) Analyst Shaun Kelley initiated coverage with a Buy rating and price target of $35. Viking Holdings ( VIK ) has a majority share in the North America outbound...