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Fitch revises outlook for Forward Air to negative, affirms long-term IDR at ’B’

Fitch revises outlook for Forward Air to negative, affirms long-term IDR at ’B’

Investing.com -- Fitch Ratings has revised the outlook for Forward Air (NASDAQ:FWRD) Corporation and Clue Opco LLC, collectively known as FWRD, from stable to negative. The agency has also affirmed the Long-Term Issuer Default Ratings (IDRs) at ’B’ for both companies. Clue Opco’s senior secured credit facilities and notes have been affirmed at ’B+’ with a Recovery Rating of ’RR3’.The ...

2025-04-09 12:45:58
Volkswagen’s Europe EV sales more than double in first quarter

Volkswagen’s Europe EV sales more than double in first quarter

BERLIN (Reuters) - The Volkswagen (ETR:VOWG_p) Group more than doubled its deliveries of battery-electric cars in Europe in the first quarter to over 150,000 from 74,400 in the same period last year, the carmaker said on Wednesday, in another sign that EV demand is picking up.Orders for Volkswagen vehicles, both electric and combustion engine, rose 29% in Western Europe compared to last year, Volk ...

2025-04-09 12:44:44
Trump says Japan sending team for talks, Japan urges him to rethink tariffs

Trump says Japan sending team for talks, Japan urges him to rethink tariffs

By Steve Holland and Kanishka SinghWASHINGTON (Reuters) -Japan is sending a team to negotiate on trade, U.S. President Donald Trump said, adding that he spoke earlier on Monday with Japanese Prime Minister Shigeru Ishiba, who separately said he told Trump to rethink tariff policies.Trump’s decision to impose a 25% levy on auto imports, and a reciprocal 24% tariff on other Japanese goods, is expe ...

2025-04-09 12:43:16
FBI looking into Tesla Supercharger damage incident, latest in series of vandalism acts

FBI looking into Tesla Supercharger damage incident, latest in series of vandalism acts

(Reuters) -The Federal Bureau of Investigation said it was looking into an incident that left a Tesla (NASDAQ:TSLA) Supercharger station damaged in a city in Washington in the wee hours of Tuesday.Electrek first reported the incident, saying an "explosion" led to a temporary shutdown of the charging station. Reuters could not independently verify if there was an explosion."We are aware of the inci ...

2025-04-09 12:41:43