Tag: bloomberg news

First Citizens BancShares Inc. agreed to buy Silicon Valley Bank after a run on deposits wiped out the company in ...

Falling battery prices have been one of the most consistent trends in the electric vehicle industry for the last decade. ...

As online used-car dealer Carvana Co.’s share price unwinds at a fever pitch, Wall Street analysts are slashing targets and ...

Carvana Co. said it will eliminate about 1,500 jobs, adding to the growing list of layoffs across corporate America as ...

It took Carvana Co. just a few years to grow from a startup to the second-biggest used car seller in the US. ...

US inflation cooled in October by more than forecast, offering hope that the fastest price increases in decades are ebbing ...

Subprime auto loan borrowers are increasingly falling behind on payments, and the value of used cars is dropping, two trends ...

Toyota Motor Corp. lowered its production target while sticking to a conservative profit outlook because of a persistent shortage of ...