Wells Fargo Unwinds Archegos Exposure Without Posting Losses

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Wells Fargo Unwinds Archegos Exposure Without Posting Losses

The unwinding of Bill Hwang’s Archegos reverberated across the globe after banks forced the firm to sell billions of dollars in investments accumulated through highly leveraged bets. The selloff roiled stocks from Baidu Inc. to ViacomCBS Inc.
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ATI to keep operating as workers go on strike

ATI plans to continue operating with non-union employees and temporary replacement workers, spokeswoman Natalie Gillespie said Monday. The USW has accused the company of unfair labor practices, saying the metals giant is seeking major …
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Why Plug Power Stock Jumped Today

So what. Plug Power announced Tuesday that it plans to begin construction on a new green hydrogen plant on the Susquehanna River in south-central Pennsylvania next year. The plant, which will produce hydrogen using …
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Today's refinance rates slide | March 30, 2021

The average 30-year fixed-refinance rate is 3.32 percent, down 9 basis points compared with a week ago. A month ago, the average rate on a 30-year fixed refinance was lower, at 3.27 percent. At the current average rate, you’ll pay $439.06 per month in …
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Kia EV6 redefines boundaries of electric mobility with inspiring design, exhilarating performance and innovative space

EV6 is the symbol of Kia’s new brand and the first BEV built on new dedicated EV platform. – Choice of multiple zero-emissions powertrain configurations; over 510 kilometers from a single charge. – 800V ultra-fast charging from 10 to 80 percent in just 18 …
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