Tesla Inc. TSLA -3.11% said it would enact a 5-for-1 stock split after a share-price surge over recent months vaulted the electric-vehicle maker to the status of most-valuable car company as Chief Executive Elon Musk navigated the pandemic. Enthusiasm for …
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General Motors Co. faces a variety of challenges as it looks to recruit a new chief financial officer following the unexpected departure of incumbent Dhivya Suryadevara. Chief Executive Mary Barra and GM’s board of directors have to decide whether they want …
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Senate Majority Leader Mitch McConnell on Tuesday. Photographer: Stefani Reynolds/Bloomberg. LISTEN TO ARTICLE.
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The Federal Reserve announced Tuesday that it is reducing borrowing costs by half of a percentage point for state and local governments that use its municipal liquidity facility. Municipalities that want to borrow from the Fed will now need to pay between 1.0 …
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Bob Jesenik and three other former Aequitas Management executives have been indicted on criminal fraud charges. Lake Oswego-based Aequitas collapsed in February 2016. At one point it claimed to manage $1.7 billion in assets. The Securities and …
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