Ailing Swedish EV battery firm Northvolt files for bankruptcy
Read more at CNBC
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EV battery startup Northvolt files for bankruptcy in Sweden
Swedish firm unable to ‘secure the necessary financial conditions to continue in its current form’. Northvolt, the Swedish electric vehicle battery startup, has filed for bankruptcy in Sweden, ...The Guardian - 4h -
Northvolt files for bankruptcy in Sweden
Collapse of vehicle battery maker deals major blow to Europe’s bid to rival ChinaFinancial Times - 6h -
Law firm sues Trump administration after executive order targeting its attorneys
Perkins Coie has filed suit against the Trump administration over an executive order that targeted the firm for its work representing Clinton's 2016 campaign.ABC News - 15h -
Ford Is Sticking With an EV Future—With a Boost From Tesla
Qualified Ford EV owners are finally receiving an adaptor that allows them to access the Tesla Supercharger network, and CEO Jim Farley tells WIRED that Ford is a “hungry” number two in US EV sales.Wired - 1d -
CCP Games appoints Head of Economy for Eve Frontier
CCP Games has hired Stefán Þórarinsson as its Head of Economy to roll out new updates and research for Eve Frontier.VentureBeat - 4d -
When bankruptcy will (and won't) clear your credit card debt
Bankruptcy can wipe the slate clean of your existing credit card debt, but it won't do that in every case.CBS News - 20h -
Nottingham Forest beats ailing Man City 1-0 to strengthen chances of Champions League qualification
Nottingham Forest’s improbable bid for Champions League qualification was boosted by a 1-0 win over ailing Manchester City in the Premier League with Callum Hudson-Odoi scoring the goal in the 83rd ...ABC News - 4d -
Trump Targeting Law Firms Raises Constitutional Concerns
The way Trump targeted the firms could go against of the U.S. Constitution’s First Amendment.Inc. - 2d -
MLB players' union, Bad Bunny agency agree to dismiss lawsuit over discipline
Bad Bunny’s sports representation firm and the Major League Baseball Players Association have filed an agreement to dismiss the union’s lawsuit over penalties imposed for making improper inducementsABC News - 5d
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Inflation rate eased to 2.8% in February, lower than expected
The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.CNBC - 21m -
We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.CNBC - 18m -
Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week
Mortgage demand for both homebuying and refinancing reacted to yet another drop in mortgage rates, which are now down for the sixth straight week.CNBC - 2h -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy.CNBC - 24m -
Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments'
Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking developments.CNBC - 2h
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We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.CNBC - 18m -
Live Updates: U.S. Inflation Shows Improvement Amid Worries About Tariffs and Trade Wars
Consumer prices rose 2.8 percent in the year through February, a slightly better result than economists had expected. But analysts are worried that tariffs could add to future price pressures.The New York Times - 18m -
Stocks Rise After Tumult, but Investors Remain Wary of Trade Tensions
Markets rallied on better-than-expected inflation news, despite the uncertainty spurred by more rounds of tit-for-tat tariffs.The New York Times - 20m -
Inflation rate eased to 2.8% in February, lower than expected
The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.CNBC - 21m -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy.CNBC - 24m