The chief executive of Stellantis, one of the world’s biggest carmakers, has warned battery shortages could affect the industry as soon as 2025 as the transition towards electric vehicles accelerates. Carlos Tavares, the Stellantis chief executive, …
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BGOV Midterm Elections Webinar: Wondering what impact the 2022 midterm elections may have on financial markets? Bloomberg Intelligence and Bloomberg
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Peloton’s turnaround plan can’t happen fast enough: The at-home fitness company continues to lose money — and it’s quickly running out of cash. The once-hot company reported a dismal quarterly financial report Tuesday, with sales tumbling 15% from a …
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Many had said Bitcoin would prove to be a good inflation hedge thanks to its limited supply. It was also supposed to hold up better amid economic and geopolitical crises because it’s not tied to any government and has no centralized authority.
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A short seller known for uncovering the Nikola Motor fraud has bet against Twitter, warning publicly that Elon Musk has “all the cards” to renegotiate a lower price. In a statement on Monday …
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