Equinor CFO to step down

Equinor CFO to step down

Equinor executive vice president and chief financial officer Lars Christian Bacher has resigned and will step down from the post on 1 November. Bacher (pictured) will remain with the company until 31 May next year. Svein Skeie has been appointed acting …
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CarLotz to fuel nationwide expansion with Nasdaq listing and $300M capital raise

Move over, CarMax. Richmond will soon be home to a second publicly traded used car retailer. CarLotz, the nearly 10-year-old Manchester-based vehicle consignment business, is preparing for a public stock listing on Nasdaq later this year in a deal that will …
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Automaker Daimler Rebounds After Lockdowns, Raises Outlook

FRANKFURT, Germany (AP) — Daimler AG, maker of Mercedes-Benz luxury cars and Freightliner trucks, saw third-quarter profit rebound as the company clamped down on costs and as auto sales surged after the coronavirus lockdowns of earlier in the year.
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PayPal Just Gave 346 Million People A New Way To Buy Bitcoin—But There's A Nasty Catch

The bitcoin and cryptocurrency community has been set alight by news payments giant PayPal PYPL +0.6% will allow its 346 million users buy and spend bitcoin and a handful of other major cryptocurrencies. The announcement, coming from a traditional …
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It's a Ballot Fight for Survival for Gig Companies Like Uber

OAKLAND, Calif. — By late August, the urgency was becoming clear. Top executives of Uber, Lyft and the delivery service DoorDash met to discuss a California ballot measure that would exempt them from a new state labor law and save their companies …
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