With just 50 engineers, one drivable truck and 40,000 preorders, cash-flush Lordstown Motors will not only need every single thing to go right to launch its EV truck next year, it’ll also need some luck.
Federally required government filings give more insight: The majority of the layoffs – just under 18,000 people – are coming from Walt Disney World.
Painter said his new venture will not be a consumer-facing subscription provider but rather offer services to subscription providers.
Paul Jacobson will become GM’s next finance chief on Dec. 1 after eight years as CFO of Delta. He will be the first CFO from outside the company in a decade.
Cruise lines may yet sail from U.S. waters before the end of the year after the Centers for Disease Control and Prevention shifted gears to end its no-sail order that’s been in place for nearly eight months as the coronavirus pandemic spread around the globe.