Source
New Los Angeles ‘mansion tax’ has some sellers racing to close
In the rarified air of luxury Los Angeles real estate, 30 days is a common closing timeline and two weeks would be speedy, explained Billy Rose, who’s guided buyers and sellers through high-end home purchases for years.This week, work for Rose’s brokerage firm, The Agency, included two deals that went…
Right-wing social platforms rally after reports of Trump indictment, quarterly results
Shares of Rumble Inc. and Digital World Acquisition Corp. — both social-media-focused companies seeking to galvanize right-leaning users — raced higher after hours on Thursday following reports that a grand jury in Manhattan voted to indict former President Donald Trump. The indictment, still under seal, is likely to be made…
Ford withdraws a self-driving-car petition, following skepticism over near-term prospects
Ford Motor Co. has withdrawn a petition to deploy a vehicle equipped with advanced driverless features, after concluding that the automobile industry is not close to profitable mass production of fully autonomous vehicles. The decision, detailed in an unpublished notice by the National Highway Traffic Safety Administration, follows the shuttering…
CROX Stock Price | Crocs Inc. Stock Quote (U.S.: Nasdaq)
Source
Tesla’s solar-roof installations — 3,000 in the U.S. — have badly missed projections
After Tesla Inc. acquired Solar City in 2016 for $2.6 billion, Elon Musk had high hopes for its solar-shingle technology: Produce and install 1,000 of them weekly within a few years. Yet Tesla TSLA, +6.24% has installed only 3,000 Solar Roof systems in the U.S. total, according to new research…
Nikola to sell stock at 20% discount to record low price
Nikola Inc. shares closed at an all-time low Thursday, and the maker of electric and fuel-cell vehicles expects to sell stock at a 20% discount to that price. Nikola announced Thursday afternoon that it intended to sell $100 million in shares to the public and another $100 million to an…
‘It says I owe $179,000’: Options traders hit with massive margin calls as winning bets against failing banks are left in limbo for weeks
Thousands of retail option traders who made prescient bets against shares of Signature Bank and SVB Financial Group, the Silicon Valley Bank holding company, were relieved on Tuesday when shares of both failed banks resumed trading on over-the-counter markets after a roughly two-week trading halt.It marked the end of what…