Chinese electric-car maker Nio Inc. is following U.S. rival Tesla Inc. by offering new shares to take advantage of its surging stock price. Continue Reading Below. The Shanghai-based Nio announced it will offer 60 million American depository shares that will …
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The head of accounting at Deutsche Bank is temporarily stepping down in the wake of the Wirecard scandal, the Financial Times reports. The move comes as Deutsche Bank and Andreas Loetscher are now in the scope of the investigation over Loetscher’s …
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Don’t let the green energy revolution fool you into thinking crude oil prices don’t have something to say about the economic outlook. So cautions Nicholas Colas, co-founder of DataTrek Research, in a Tuesday note that takes a close look at oil market …
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Haters gonna hate, IPOs gonna pop. That’s the story today as richly valued DoorDash and C3.ai, two American technology unicorns, saw their values skyrocket after they began trading today. DoorDash shares are up just under 83% to $186.51. The company …
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Detroit — Cruise LLC has released self-driving vehicles on San Francisco streets without safety drivers in tow, a milestone for the company after five years of testing there. The company set a goal to be the first to deploy self-driving Cruise vehicles in a major …
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