Fisker Says EV Startup Open to Borrowing Cash to Fund Vehicles

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Fisker Says EV Startup Open to Borrowing Cash to Fund Vehicles

Fisker Inc. is open to borrowing money rather than issuing equity to fund development of four future electric-vehicles by 2025, founder and Chief Executive Officer Henrik Fisker said. Speaking after the company’s first-ever earnings report, the entrepreneur and …
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Costco to Raise Starting Hourly Wage to $16; End Hazard Pay

Costco CEO Craig Jelinek announced the increase Thursday at a Senate Budget Committee hearing, led by Sen. Bernie Sanders, to examine wages at major companies. Jelinek said the starting wage for Costco employees would rise to $16 next week, up from …
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Zillow to make cash offers for houses in Twin Cities based on its estimates

Spot on, says Zillow. The company is now so confident in its ability to estimate the value of a home without ever setting foot inside, it will make a cash offer on select houses in the Twin Cities.
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What Investors Are Watching After the Spike in Treasury Yields

The surge in global yields and slump in stocks has left bond and equity investors alike nursing losses and asking whether there is more to come or something to stop the rot. While many see bond yields continuing to push higher as the global economy …
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RIA Reads: The curious attempt to price morality

Fantasy accounting. 'I suppose it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail.' So wrote American
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