Nikola announces a $100 million stock offering
Nikola plans to raise $100 million via a secondary offering, and possibly a private investment, if needed.
Virgin Orbit fails to secure funding, will cease operations and lay off 90% of workforce
Virgin Orbit CEO Dan Hart gave employees an update in an all-hands meeting on Thursday, according to audio obtained by CNBC.
Crypto: Sam Bankman-Fried pleads not guilty to new conspiracy, fraud charges
Sam Bankman-Fried has pleaded not guilty to five new federal charges, including the latest that involved bribing the Chinese government
The Margin: People have stopped fleeing cities and are starting to stay put, Census data shows
And some cities are seeing a ‘doughnut effect’ as hybrid workers move into the suburbs surrounding city centers, so they can still commute a few...
: Biden administration condemns Russia’s detention of Wall Street Journal reporter
The Biden administration on Thursday said it condemns the detention by Russia of a Wall Street Journal reporter 'in the strongest terms.'
Commodities Corner: OPEC+ committee is set to review an oil market plagued by concerns over the banking crisis and a recession
The OPEC+ Joint Ministerial Monitoring Committee will hold a meeting Monday with discussions expected to highlight the importance to continue monitoring a market that is...
: Biden calls for new rules for large regional banks
President Biden calls on regulators to implement new rules for large regional banks, building on a pledge made after the collapses of SVB and Signature...
: Why baseball’s Opening Day is the real New Year’s Day
The arrival of a new season is like the arrival of the new year — maybe even better.
The Fed: Fed’s Collins backs forecast of one more rate hike and no cuts this year
Boston Fed President Susan Collins backed the central bank's forecast that sees one more 25 basis point hike and no rate cuts until 2024.