The boss of engineering giant Melrose today called for “less negativity and more positivity” among investors as the aerospace to automotive group reported sales came in at the top end of expectations over summer. While chief executive Simon Peckham admitted its aerospace business was “basically going nowhere” until travel restrictions […]

Electric-truck startup Rivian Automotive Inc. has hired a former Tesla Inc. executive to lead its engineering as the Amazon.com Inc.-backed company’s debut electric vehicles near production, a person familiar with the matter told Bloomberg. Nick Kalayjian, who spent more than a decade at Tesla, will join Rivian as executive vice […]