Several Top Rivian Executives Depart the Electric-Vehicle Startup
Several Top Rivian Executives Depart the Electric-Vehicle Startup
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FTX Founder Sam Bankman-Fried Says He Can’t Account for Billions Sent to Alameda
Markets Currencies Cryptocurrency Entrepreneur says he had little insight into workings of trading firm even though he owned 90% of it
Elon Musk says Twitter will eventually be part of ‘X, the everything app’
Elon Musk has a new plan for Twitter Inc. after giving up a legal battle and agreeing to pay $44 billion for the company Tuesday. ““Buying Twitter is an accelerant to creating X, the everything app”” — Elon Musk That tweet was Musk’s first public statement Tuesday about the decision, which was revealed in a … Read more
Rivian’s Great EV Expectations Meet the Harsh Reality of Manufacturing
At Rivian Automotive Inc.’s factory in Normal, Ill., life is anything but. Car factories around the world routinely churn out models around the clock. About eight months after production on Rivian’s electric trucks started, executives recently marked a milestone in uninterrupted work days: The company’s plant ran at full speed for an entire 10-hour work … Read more
HSBC Europe boss Lisa McGeough on the bank’s new ‘Dragons’ Den’ and why the poaching risk is waning
When Lisa McGeough joined HSBC in July last year to lead its European investment bank, she faced a task of continuing to turn the business around as she took the reins from bank veteran Philippe Henry, who retired after 32 years at the UK lender. Europe had felt the brunt of a number of cuts … Read more
This startup wants to do for activist investing what GameStop did for stocks
Alasdair Hardie wanted his money to make a difference. After months of research at the beginning of the year, the 32-year-old Edinburgh obstetrician-gynaecologist found Tulipshare. Tulipshare, launched last year, is an investing platform that wants to change corporate practices. It enables investors to join forces and pool shares in order to meet the threshold to submit resolutions for shareholder votes … Read more