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Investing
Hyundai, LG to spend $2 billion more on Georgia battery plant
Hyundai Motor Group and LG Energy Solution will boost their joint investment in a Georgia battery manufacturing plant by $2 billion and add 400…
Hawaiian Electric’s stock slides 26% as S&P downgrades credit to junk on risk from Maui wildfire lawsuits
Hawaiian Electric Industries Inc.’s stock added to losses Tuesday, tumbling 26% after S&P Global Ratings downgraded its rating on the utility company to…
Google targets DOJ antitrust chief with bias allegations in monopoly defense
Google's filing targets Jonathan Kanter, the US assistant attorney general for antitrust, and his widely reported past legal representation of Google-parent Alphabet's corporate…
Risky high-yield ‘junk’ bonds aren’t priced like junk — and that’s a problem
You should be worried that junk-bond investors aren’t worried. Consider the narrow spread that exists currently between the yields on junk bonds and U.S.…
Auto industry’s switch to EVs gets $12 billion in loans and grants from the US Energy Department
The US Department of Energy said Thursday it plans to fuel the auto industry’s transition to electric vehicles with $12 billion in loans and…
Nikola warns 2023 deliveries at risk over recall of more than 200 trucks
Nikola Corp. offered an update Monday on its recent voluntary recall of more than 200 of its electric vehicles after an investigation into their battery…
Messi’s next match is the most expensive Major League Soccer game ever
There’s no sign of “Messi mania” abating anytime soon.
Ticket prices for this Sunday’s match between Inter Miami and Los Angeles…
This bond fund has many advantages in the current market and pays high dividends
Even if you love your bond fund, you have had to be patient because bonds’ market values decline as interest rates rise. It isn’t fun to watch your share price go down. Then again,…
US mortgage rates drop after five weeks of climbing, but stay over 7%
US mortgage rates ticked down this week, ending a five-week stretch of increases. However, they remained above 7% amid lingering inflation.…
Dollar General’s stock tumbles after retailer misses earnings estimates and lowers guidance
Dollar General Corp.’s stock tumbled 17% Thursday, after the discount retailer posted weaker-than-expected second-quarter earnings and lowered its guidance.…