Electric Truckmaker Rivian, Backed From Amazon, Ford, Raises Whopping $1.3 Billion

Developing a new automobile business is unusually capital-intensive, therefore electrical car manufacturer Rivian is bent on amassing a pile of money, finishing 2019 using a massive $1.3 billion financing round that includes extra investment in backers Amazon and Ford. Rivian, which intends to begin constructing its battery-powered trucks and SUVs starting in late 2020, ”… Continue reading Electric Truckmaker Rivian, Backed From Amazon, Ford, Raises Whopping $1.3 Billion

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Macy’s, Gap And L Brands Rank Among Worst Retail Stocks Of 2019

After a venerable American institution, Macy’s is currently one of the positions of exhausted department stores which have fought to distinguish their offerings and provide shoppers a reason to trek for their own sprawling, mall-based shops. Investors sold the stock in droves this year, causing stocks to shed 46 percent of the worth and which… Continue reading Macy’s, Gap And L Brands Rank Among Worst Retail Stocks Of 2019

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