Tag: bloomberg news

Tricolor Holdings founder Daniel Chu is set to go on trial in October on charges that he defrauded the used-car ...

Los Angeles-based electric powerboat maker Arc Boat Company has raised $50 million to finance its expansion into commercial and defense vessels. Arc ...

Uber Technologies Inc. plans to invest as much as $1.25 billion in carmaker Rivian Automotive Inc. to help launch a ...

The Federal Open Market Committee voted 11-1 to hold the benchmark federal funds rate in a range of 3.5% to ...

Growing global adoption of electric vehicles helped avoid the consumption of 2.3 million barrels of oil per day last year, ...

Nissan Motor Co. said Chief Financial Officer Jérémie Papin will step down for personal reasons, with the struggling Japanese carmaker ...

Chinese electric-vehicle maker Nio Inc. reported its first-ever quarterly profit, reaching a milestone that follows a decade of cash burn ...

Atop Wells Fargo & Co., Chief Executive Officer Charlie Scharf has achieved something that eluded the bank for at least ...