Investing.com -- Subaru (OTC:FUJHY) of America, Inc. unveiled the new 2026 Subaru Solterra EV and the 2026 Subaru Trailseeker at the 2025 New York International Auto Show. The Solterra, first introduced in 2023, now boasts significant enhancements in performance, efficiency, design, and cabin comfort. The Trailseeker, the brand’s second all-electric SUV, also made its debut, highlighting the bra ...
By Lisa Pauline Mattackal and Purvi Agarwal(Reuters) - Wall Street’s main indexes slid on Wednesday, with chipmakers leading declines as Nvidia (NASDAQ:NVDA) warned of steep charges from new U.S. curbs on its chip exports to China, making it one of the biggest casualties of the trade war between the two countries.Global chip stocks took a battering as U.S. President Donald Trump’s shifting tra ...
(Reuters) - Insurer Progressive reported a 10% jump in first-quarter profit on Wednesday, helped by resilient demand for its auto insurance policies.Shares of the Mayfield Village, Ohio-based company rose 1.8% to $281 before the bell.Rising wages and low unemployment in the reported quarter helped sustain customer spending on auto insurance, one of Progressive’s mainstay revenue streams.Its net ...
(Reuters) -Activist investor Engine Capital is gearing up for a proxy battle at Lyft (NASDAQ:LYFT), after it nominated two directors to the board of the ride-hailing company on Wednesday.The hedge fund, which owns about 1% of Lyft, said it nominated Alan Bazaar and Daniel Silvers for election to the board of the company, which has underperformed rival Uber Technologies (NYSE:UBER) and the broade ...