Signature Bank insiders sold a total of more than $100 million of company stock in the past three years, after the company began attracting cryptocurrency clients, the Wall Street Journal reported.
A new class of long-range EV batteries is heading to production as automakers race to replace Chinese graphite with US silicon.
A leaner Meta Platforms Inc. is impressing Wall Street, with analysts turning more bullish as cost cuts coupled with stabilizing advertising trends make the Facebook owner’s stock look more durable in a looming economic slowdown.
Virgin Orbit Holdings Inc. filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to secure the funding needed to keep operating and cut about 85% of its staff.
When prompted to write about lies, the search company’s AI tool usually complied with the request, researchers found
Bitcoin trended toward the high end of its recent range of around $28,000, while Dogecoin continued to benefit from Elon Musk’s flirtation with the meme token.
Sweden’s biggest pension fund Alecta has put its equities chief on leave and announced a plan to reduce risk exposure after reporting $2 billion in investment losses tied to last month’s US banking crisis.
Walmart Inc.’s job cuts at five US e-commerce fulfillment centers will affect more than 2,000 positions, according to regulatory filings, though impacted employees may find other roles at the company.
Group14 Technologies Inc. has begun construction on an advanced battery technology plant in Washington State – funded in part with a $100 million federal grant – whose products will help power electric Porsches.
Southern California’s Inland Empire, a notorious boom-and-bust economy, is showing warning signs for the rest of the US.
