Accolade, which offers virtual healthcare as well as care and benefits navigation services, will cut staff and downsize its office footprint, according to a filing with the Securities and Exchange Commission. The company declined to comment on the number of employees affected by the layoffs. In the filing, CFO Stephen Barnes wrote Accolade was “accelerating the integration of […]
Rivian ($RIVN) plans to raise $1.3 billion in cash by selling green convertible notes, despite indicating it had sufficient cash in last week’s earnings. Investors are not pleased with the move with Rivian stock slipping over 10% following Tuesday’s announcement. Rivian raises $1.3 billion via green bonds According to the company’s Q4 earnings release on […]
Warmer weather is right around the corner, and to help make sure that you can tackle all of the spring and summer yard work that’s on the horizon, today we’re detailing a rare discount on the most capable tool in the Greenworks stable. Its recently-released CrossoverZ 42-inch Electric Riding Mower has been selling for $5,500 […]
“If you can do it right, the hybrid model is one of the ways by which you can actually operationalize telehealth in a broader context,” said Sara Vaezy, chief strategy and digital officer for Providence. She and other healthcare leaders at the 2023 American Telemedicine Association Conference and Expo shared their insights on the next-generation […]
Electric vehicle startup Canoo (GOEV) has found its latest client in Schindler Elevator Corporation, a leading global elevator and escalator services provider. Schindler announced its intent to add 50 2023 Canoo EVs to its fleet, an industry first. Canoo has fought through adversity essentially since its foundation in 2017 as it continues its mission to […]
Charlotte, N.C.-based Atrium Health and Best Buy Health are partnering to develop new hospital-at-home offerings, the latest move in remote patient monitoring for the tech retailer. The partners said their deal would pair the health system’s established telehealth and hospital-at-home programs with Best Buy’s in-home services and supply chain. Best Buy’s Geek Squad will assist […]
Occidental (long known as Occidental Petroleum) was the No. 1-performing stock in S&P 500 last year, but it didn’t get there by way of massive growth in oil and gas production. While fossil fuels have the tailwind of the Russia-Ukraine war resetting energy policy and priorities around the globe, on Wall Street, it’s the recent […]
Volkswagen Group has announced a revised target for its EV sales goal for Europe by 2030. The revised target builds upon the Group’s 2021 Accelerate electrification strategy and pertains specifically to its Volkswagen passenger car marque to help expedite the pace of EV adoption. Although it hasn’t been without its fair share of issues (mainly […]
Vogtle nuclear reactor 3 Source: Georgia Power For the first time in almost seven years, a new nuclear reactor has started up in the United States. On Monday, Georgia Power announced that the Vogtle nuclear reactor Unit 3 has started a nuclear reaction inside the reactor. Technically, this is called “initial criticality.” It’s when the […]
Tesla (TSLA) investors have been buying the automaker’s stock at a record pace over the last few weeks. Here’s why we think they are doubling down. Despite a less-than-stellar performance on the stock market over the last year, individual Tesla investors appear undeterred. A new report from Vanda Research (via WSJ) shows that individual investors […]
