Banks Get Burned by Risky Debt, Imperiling Buyout Activity

Banks Get Burned by Risky Debt, Imperiling Buyout Activity

By Laura Cooper July 3, 2022 9:03 a.m. ET Listen to articles (2 minutes) Investment banks are facing big losses on leveraged buyouts they agreed to finance before markets soured, further chilling the outlook for deal activity. Bank of America Credit Suisse Group and Goldman Sachs Group Inc. are among the banks that could collectively … Read more

Where Is Elon Musk? – TheStreet

Where Is Elon Musk? - TheStreet

Where is Elon Musk? The CEO of Tesla has disappeared from social media since June 21, the date of his last tweets. This date also marks his last recorded presence of him on social networks. Normally two events could have caught his attention if we rely on his recent history on social media. Musk has … Read more

Elon Musk Achieves a Big Feat

Elon Musk Achieves a Big Feat

Elon Musk has many titles even if he hates honors. He is the chief executive officer of Tesla (TSLA) – Get Tesla Inc. Reportan “It company” whose name is associated with innovation. Musk prefers to call himself Technoking, a catch-all title he chose as a joke to show that titles mean absolutely nothing, as he … Read more

Trump SPAC shares plunge on grand jury subpoena news

Trump SPAC shares plunge on grand jury subpoena news

Digital World Acquisition Corp. — the special purpose acquisition company (SPAC) that has agreed to merge with Trump Media & Technology Group — said in a regulatory filing Monday that its board members have received subpoenas from a federal grand jury in the Southern District of New York related to due diligence regarding the deal. … Read more

Elon Musk Has a Grudge Against this Auto Giant

Elon Musk Has a Grudge Against this Auto Giant

Elon Musk holds a grudge against those who doubt or ignore Tesla (TSLA) – Get Tesla Inc. Report. The billionaire isn’t often shy about taking advantage of every major step Tesla takes — record deliveries and production, bumper profits and margins — to take a victory lap and remind Tesla skeptics of their bets and … Read more

Twitter Has a Political Problem Elon Musk Won’t Solve

Twitter Has a Political Problem Elon Musk Won't Solve

Tesla (TSLA) – Get Tesla Inc. Report CEO Elon Musk, who has offered $44 billion to buy Twitter (TWTR) – Get Twitter Inc. Reporthas been quiet on the social media platform since last tweeting on June 21. Such a long absence from Twitter is unusual for Musk. He often comments about his businesses that also … Read more

Toyota Has More Bad News for Vehicle Owners

Toyota Motor Corp. (TM) – Get Toyota Motor Corporation Report which launched its first US electric vehicle bZ4x in April, has had a run of bad luck over the past year. Despite rolling out its new all-electric vehicle to compete against Tesla (TSLA) – Get Tesla Inc. ReportFord (F) – Get Ford Motor Company ReportGeneral … Read more

Stock Futures, Oil Drop After Rally

Stock Futures, Oil Drop After Rally

US stock futures fell, oil prices dropped and bond yields ticked lower after major indexes rallied to start the trading week, with recent volatility in markets showing few signs of abating. Futures for the S&P 500 declined 1.4% Wednesday. Contracts for the tech-focused Nasdaq-100 contracted 1.6% and futures for the Dow Jones Industrial Average receded … Read more