KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:52
Airbnb’s Lawsuit to Block NYC Short-Term Rental Law Is Dismissed
Airbnb Inc.’s challenge to a New York City municipal law requiring hosts to register for an operating license
2023-08-09 02:23
Rivian’s Wounded Shorts Set for Potential Squeeze
Investors betting against Rivian Automotive Inc. have a lot riding on the electric vehicle maker’s results later Tuesday,
2023-08-09 01:54
Tesla’s New CFO Now Has Two Jobs and a Lot of Question Marks
Tesla Inc. has a long history of promoting talent from within. Outside hires don’t last for very long
2023-08-08 19:49
TSMC Partners With Infineon, NXP, Bosch to Build German Chip Fab
Taiwan Semiconductor Manufacturing Co. has agreed to build a €10 billion ($11 billion) plant in eastern Germany in
2023-08-08 18:46
Stability AI’s Lead Threatened by Departures, Concerns Over CEO
Late last year, Stability AI Ltd., a startup based in London, was at the center of the AI
2023-08-08 13:15
Myanmar Tightens FX Rules for Companies to Curb Black Market
Myanmar toughened its rules on the purchase of foreign exchange by importers and exporters as the nation seeks
2023-08-08 11:50
China Deflation Threat Grows as Companies Cut Prices to Survive
When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for
2023-08-08 10:54
Thailand Pushes Yuan, Ringgit Use to Curb Impact of Baht Swings
Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb
2023-08-08 07:18
Electric Vehicle Tech Manufacturer Proterra Files for Bankruptcy
Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Monday. The
2023-08-08 05:46
Advent Nears $1 Billion Deal for Retail Brand Zimmermann
Private equity firm Advent International is nearing a deal to acquire Zimmermann in a transaction valuing the Australian
2023-08-08 05:27
Amazon Swaps Rockets for First Kuiper Satellite Launch
Amazon.com Inc. said it plans to launch the first two test satellites for its Project Kuiper constellation this
2023-08-08 02:47