TOKYO – A fire at a factory at one of the world’s leading car chipmakers has added to woes for automakers who have already cut production due to semiconductor shortages. Friday’s fire …
Read More »Toyota and Honda close U.S. factories as perfect storm disrupts supply chains
Toyota Motor Corp. TM 0.26% , Honda Motor Corp. and Samsung Electronics Co. He said supply chain problems were complicating their businesses as abnormal weather, port blockades and the ongoing impact of …
Read More »Blackstone’s hedge fund business to launch growth strategy
The world’s largest hedge fund investor has hired former hedge fund manager Scott Bommer to launch a new growth strategy, a move aimed at expanding Blackstone BX. -1.18% Group Inc.’s hedge fund …
Read More »Electric Vehicle Startups Promise Record Revenue Growth
It took Google eight years to reach $ 10 billion in sales, the fastest for an American startup. In the current SPAC frenzy, a number of electric vehicle companies planning to go …
Read More »Greensill’s key clients included West Virginia Governor Jim Justice’s coal company
Greensill Capital relied on a handful of clients for a large chunk of its revenue, including a coal miner owned by the West Virginia governor, according to people familiar with Greensill’s operations …
Read More »Greensill Capital faces potential insolvency after Credit Suisse suspends mutual funds
Specialist finance firm Greensill Capital headed for a rapid collapse after Credit Suisse Group AG suspended $ 10 billion in mutual funds that fueled the SoftBank Group Corp.-backed startup. With a key …
Read More »Royal Caribbean posts another big loss as sailing schedule remains uncertain
Royal Caribbean is working to comply with CDC conditions for the resumption of cruise navigation, but “there remain many uncertainties as to the details, timing and cost of implementing its requirements.” Here, …
Read More »This is how Tilray, Sundial, and other marijuana stocks stack up
Marijuana stocks are experiencing a wave of renewed interest after months of positive political developments. They have also caught the attention of some of the same retailers on Reddit’s WallStreetBets forum that …
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