Lockheed Martin Corporation ( LMT ) shares are trading higher today. The Pentagon will reportedly resume accepting new F-35s next week. As per a report issued Wednesday, the service plans to select the builder of its next fighter jet later this year. Gen. Kenneth Wilsbach, the head of Air Combat Command, said during an event on Wednesday, “Right now we’re very...

General Motors Co ( GM ) shares are trading higher after the company’s plan to invest at least $900 million to retool its Lansing, Michigan auto plant for electric vehicle (EV) production. As conveyed by Energy Secretary Jennifer Granholm, this investment is part of a broader effort to transition GM’s production capabilities towards electric vehicles. At an event in Lansing,...

Uber Technologies Inc ( UBER ) and Lyft Inc ( LYFT ) shares are racing higher Thursday following a report suggesting Tesla Inc ( TSLA ) will delay its robotaxi unveiling. What Happened: Tesla shares turned sharply lower in early trading Thursday after Bloomberg reported that Tesla is delaying its planned Robotaxi Day. The event was expected to take place...

July 10 (Reuters) - It's hard to overstate the stakes for the lawyers who persuaded a Delaware judge to void Tesla founder's Elon Musk's $56 billion pay package. The size of the legal fee they are requesting is undoubtedly vast: more than 29 million Tesla shares, valued at $7.74 billion as of Thursday morning's market opening. And so is the...