Climate startup captures carbon straight from the air in industry first
[ad_1] One of the most important technologies to address climate change got a boost Thursday when a startup said it pulled carbon dioxide from the open air and stored it…
Silvergate lost more than $700 million selling assets to cover withdrawals during crypto selloff
[ad_1] The collapse of crypto exchange FTX sparked a run on Sivergate Capital Corp., forcing the bank to sell assets at a steep loss to cover some $8.1 billion in…
GE Healthcare will join S&P 500 as soon as it begins trading
[ad_1] GE Healthcare Technologies Inc. will be an S&P 500 stock as soon as it officially exists. General Electric Co. GE, -1.05% expects to spin off its healthcare arm into…
Tesla stock suffers worst week since 2020 as Elon Musk sells, large shareholder asks for new CEO
[ad_1] Tesla Inc. shares Friday wrapped up their worst week since 2020, as Chief Executive Elon Musk sold billions in stock and faced a call from a prominent investor to…
7-Eleven owner to sell department store business to Fortress for $1.77 billion
[ad_1] Seven & i Holdings Co. said Friday that it planned to sell its Sogo & Seibu department store business to a Fortress Investment Group affiliate for an enterprise value…
Credit Suisse strikes deal to sell securitized-products group to Apollo
[ad_1] Credit Suisse Group AG has entered into definitive transaction agreements to sell a large part of its securitized-products group and other financing businesses to Apollo Global Management Inc. as…
Credit Suisse bringing back ‘First Boston’ name as it plans up to 9,000 job cuts
[ad_1] Credit Suisse is bringing back the “First Boston” name after 17 years as the Swiss bank unveiled a sweeping restructuring that includes a big investment from Saudi Arabia, the…
SoftBank loses $500 million from THG disposal
[ad_1] Japanese investor SoftBank has taken a loss of around £450 million ($509 million) after selling its stake in British e-commerce company THG. SoftBank 9984, -0.22% sold its entire interest…
German government agrees deal to nationalizes Uniper
[ad_1] Germany on Wednesday agreed a deal to nationalize energy supplier Uniper SE in a move aimed at securing energy supply in country. Finnish energy group Fortum Oyj FORTUM, +14.46%…