Business Related

Business News – 06-16-2021

As production plans for Lordstown Motors remains steady, shares rise

  • Angela Strand, the new chairwoman at Lordstown Motors has said that the productions plans for their electric pickup trucks Endurance will be on track to be produced in limited quantity in September
  • Lordstown Motors shares have risen this Tuesday afternoon by up to 15% and evened out at $10 a share
  • 2021 has been rough for Lordstown Motors lately and their stock price had been reduced by 50% this year and an additional 18.8% this Monday

New additions to Best Buy website as economy reopens

  • Best Buy is now beginning to sell outdoor grills, luggage, and patio furniture on their website
  • The retailer’s goal is to take advantage of the reopening economy along with other companies who want to expand their customer base online

Ford Bronco SUV starts shipping to consumers

  • Yesterday (Monday), Ford has begun shipping their Bronco SUVs from their Assembly line in Michigan
  • This comeback of the Bronco SUV is seen as one of the most important product launches from Ford in decades

K Buenavista

Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.

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