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Greensill and Gupta's Intertwined Empires Had for Years Raised Concerns Internally The business empires of metals magnate Sanjeev Gupta and financier Lex Greensill leaned on each other to fuel their growth. But for years executives and advisers close to both entrepreneurs urged the two men to decouple their businesses, according to ...
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He Built a $10 Billion Investment Firm. It Fell Apart in Days. Mr. Hwang, a 57-year-old veteran investor, managed $10 billion through his private investment firm, Archegos Capital Management. He borrowed billions of dollars from Wall Street banks to build enormous positions in a few American and Chinese stocks.
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10 Largest Venture Rounds In Crypto And Blockchain In March, three crypto startups raised some of the largest capital raises in the industry's history. Here are the top ten. getty. The cryptocurrency industry is steaming hot. The total market value ...
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Rivian Will Go Where Even Tesla Doesn't Dare Apparently, Chief Executive Officer R.J. Scaringe was still getting a little too much sleep, because Rivian two weeks ago announced a plan to build its own charging network as well, à la Tesla.
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Experts urge continued caution as CDC declares people vaccinated against Covid-19 are at low risk while traveling The CDC considers someone fully vaccinated two weeks after receiving the last required dose of the Covid-19 vaccine.
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2024 GMC Hummer Electric SUV: Less Power, Lower Price Than Hummer EV Pickup The Hummer EV SUV, left, shares most of its parts with the Hummer EV pickup, which will beat it to market by a year. The SUV has makes its public debut two years before it is slated to hit showroom floors in spring 2023. GMC. General Motors, as it promised, ...
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5 Things to Know About Social Security Before Making Retirement Plans Social Security benefits are probably going to be important to your financial security in retirement. But you need a realistic assessment of what they will -- and won't -- do for you. Unfortunately, many Americans either overestimate the financial help Social ...
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Air Canada scraps Transat deal on EU headwinds, other bidder returns (Reuters) -Air Canada scrapped its proposed acquisition of Transat AT Inc on Friday after being advised by the European Commission that it would still face high regulatory hurdles, clearing the way for other domestic suitors for the tour operator. FILE PHOTO: ...
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Supreme Court ruling could make it easier for Americans to receive more robocalls, watchdog group says New York (CNN) Americans can expect to receive more cellphone robocalls and texts because of a US Supreme Court decision issued Thursday, according to a consumer advocacy group. In a unanimous ruling that could have a major impact on ...
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US Taps Johnson & Johnson to Run Troubled Vaccine Plant The extraordinary move came just days after officials learned the plant had ruined 15 million doses of Johnson & Johnson's coronavirus vaccine.
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