Business

Drone delivery firm Zipline raises $250 mn for expansion

US-based drone operator Zipline, which has seen pandemic-fueled growth of delivery of vaccines and medical supplies in Africa and the United States, said Wednesday it raised $250 million as it moves to expand globally.

Business

US auto plants get back to work after COVID-19 halts

Two months after effectively freezing American auto manufacturing, Detroit's "Big Three" on Monday began to get back to business with masks, temperature checks and social distancing protocols to try to prevent coronavirus ...

Business

GM suspends dividend to save cash

General Motors announced Monday that it will suspend its dividend and halt share repurchases as it conserves cash amid a broad economic slowdown expected to weigh on auto purchases.

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