Biden budget aims to cut deficits nearly $3T over 10 years
As part of the budget, the president already has said he wants to increase the Medicare payroll tax on people making more than $400,000 per year.
New Disney Reedy Creek board chair vows ‘broader representation’
The new Reedy Creek board chairman said the group is committed to listening to constituents even though it has “a lot to learn.”
Ram to show dealers physical mockup of midsize pickup
Ram this month will show dealers a model of a potential midsize pickup that they can touch, the brand’s CEO said Wednesday.
CEO Mike Koval Jr. told Automotive News that the concept would be in the form of a “physical property,” not just a sketch or rendering.
Koval revealed during an interview at the Detroit auto show in September that Ram was thinking about giving retailers a peek at an early midsize concept to “gauge their interest,” but it wasn’t clear at the time whether that would be just an image or a tangible prototype.
Koval said the conceptual midsize pickup won’t be as “mature” as the 1500 Revolution electric concept that debuted at CES in January.
“I can’t think of a better incubator: a collection of 5,000 of my closest friends to tell me if I’m on the right path or not,” Koval said. “If I get the thumbs up, I know I’m doing something right. If they throw something at me, I understand that too.”
Shift Technologies initiates a reverse stock split to boost share price
The reverse stock split is “primarily intended” to bring Shift Technologies’ share price into compliance with the Nasdaq stock exchange’s minimum bid price requirement of $1.
Name change: Universal Parks & Resorts becoming Universal Destinations & Experiences
Universal Parks & Resorts changes name to Universal Destinations & Experiences