Investors

Electric Car Firm Onto Goes Bust, Can’t Get More Money from Investors

Despite amassing an impressive fleet of 7,000 electric vehicles and garnering a substantial 20,000-strong subscriber base.

China Plans $40 Billion Fund to Bolster Semiconductor Sector

This ambitious endeavor, aiming to amass 300 billion yuan (roughly $41 billion), surpasses its predecessors in 2014 and 2019, which garnered 138.7 billion yuan and 200 billion yuan, respectively.

Disney Shares Plunge to Nine-Year Low Amid Company’s ‘Woke’ Push

On Thursday, Disney shares took a 3.9% hit.

Maui County Takes Legal Action Against Local Power Utility Following Deadly Fires

These fires are considered the deadliest in the nation over the past 100 years, taking 115 lives with roughly 400 individuals still unaccounted for.

Chinese Behemoth Property Developer Evergrande Declares Bankruptcy After Experts Blamed BlackRock for ‘Blowing Up’ China’s Real Estate Bubble

As of the conclusion of the prior year, the firm, with its linked enterprises holding assets in the U.S., declared outstanding liabilities amounting to $335 billion.

FTX Founder Sam Bankman-Fried Jailed in New York for Witnesses Tampering

U.S. District Judge Lewis A. Kaplan withdrew the bail previously granted to Bankman-Fried.

Rep. Steube Files Articles of Impeachment Against Joe Biden

“It’s long past time to impeach Joe Biden. He has undermined the integrity of his office, brought disrepute on the Presidency, betrayed his trust as President, and acted in a manner subversive of the rule of law and justice at the expense of America’s citizens."

BlackRock, Other U.S. Investment Firms to Blame for China’s Real Estate Collapse

"We should be ready for a major real estate property downturn, not just in China, but across the world."

Sens. Cotton, Rubio Warn Against China, Russia Acquisition of American Media Outlet

The acquisition could also allow “foreign powers to use Forbes' wide reach to influence voters during close elections.”

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