Canoo said it's received a $45 million investment from a "foreign strategic institutional investor" that will be completed via a purchase agreement of convertible preferred stock. read more >
If Jigar Shah doesn't do his job correctly, the company with the second-highest number of fast-charging electric vehicle plugs could lose money or EV owners could have to pay more to fill up. read more >
Two long-standing pain points — workforce and high prices — worry Arkansas company leaders. read more >
In a Friday announcement, UAW President Shawn Fain said the strike will spread to 7,000 more workers at a Ford plant in Chicago and a General Motors assembly factory near Lansing, Michigan at noon Friday — meaning that some 25,000 workers (about 17% of the unions' 146,000 members) will soon be striking across the country. read more >
The New Jersey-based company is investing up to $5 million to transform a 13,000-SF space in Newport. read more >
They like to gamble now in Jefferson County. read more >
The revised projected capital investment would make it the largest single industrial endeavor in state history. Construction could start as early as 2025, with commercial operations following in 2029, if all goes well. read more >
Envirotech Vehicles Inc. met its deadline for an extension of financial reports after incorrectly reporting 2022 financial results. read more >
Workers walked out of General Motors and Stellantis parts distribution centers. read more >
The vote came after failed negotiations between the airport’s authority board and Highfill officials to reach an interlocal agreement between the two entities. read more >
As river levels drop, the cargo rate from St. Louis southward has climbed to 77% above the three-year average. read more >
The electric vehicle startup might conduct a reverse stock split to regain compliance with listing requirements. read more >
Williams, 60, announced Sept. 5 that he would step down as CEO of the publicly traded buy-here, pay-here automotive retailer at the end of the month. read more >
After the deal is completed, J.B. Hunt will sign a long-term contract to continue to provide third-party logistics services to BNSF Railway. read more >
Community leaders along the Mississippi River worried that dry southwestern states will someday try to take the river's water may soon take their first step toward blocking such a diversion. read more >
Envirotech Vehicles Inc. said it's secured a final assembly facility in the Clark Free Trade Zone that, with five productions lines, would produce more than 2,000 vehicles annually. read more >
Nasdaq accepted the company's request for additional time to file delinquent annual and quarterly filings. read more >
The partnership is scheduled to begin this week with one truck, a Tyson Foods spokesperson said. Three additional trucks will go into operation over the next few months. read more >
Campbell joined America’s Car-Mart in October 2022 and will replace current CEO Jeff Williams. read more >
Fifteen projects that address safety and congestion issues in central Arkansas received funds. read more >
