Federal Reserve Board Vice Chair for Supervision Michael Barr testifies before a House Financial Services Committee hearing on the response to the bank failures of Silicon Valley Bank and Signature Bank, on Capitol Hill in Washington, D.C., on March 29, 2023.Kevin...
Check out the companies making headlines in midday trading: Rivian Automotive — The stock surged more than 23% following the announcement that the electric vehicle startup secured a $5 billion investment from Volkswagen Group. Volkswagen’s initial investment...
Check out the companies making headlines before the bell. Rivian Automotive — Shares of Rivian Automotive skyrocketed more than 40% after the electric vehicle company secured up to $5 billion in funding from Volkswagen Group. The initial investment totals $1 billion,...
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York.Michael Nagle | Bloomberg | Getty ImagesMorgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expected...
Wan Gang is widely credited for spearheading China’s electric car strategy many years ago.Bloomberg | Bloomberg | Getty ImagesHEFEI, China — The man who spearheaded China’s electric car strategy said Wednesday that Chinese investment...
