Goldman Sachs takes $900mn hit on Northvolt investment

US bank is second-largest shareholder in Swedish battery maker which filed for Chapter 11 bankruptcy this week

Business - Financial Times - 8 hours ago

The 3 biggest passive-investing myths Goldman Sachs says investors need to get over

Over the years, passive investing has been accused of being “worse than Marxism,” and of leaving markets “fundamentally broken.”

Business - MarketWatch - November 5

Goldman Sachs: Why individual investors need to look at private investments to further grow wealth

In the past decade, private investments exploded from $4 trillion to $14 trillion.

Business - CNBC - November 8

Goldman Sachs managing director makes the case for a modified low-volatility ETF

Laurene Azoulay describes an indexing approach that enables U.S. investors to broaden their global exposure with a low-volatility stock-selection strategy that encompasses three other factors.

Business - MarketWatch - October 30

Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom

The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.

Business - MarketWatch - November 8

Investors should start diversifying their portfolios, Goldman Sachs says

The past year’s rally has left little room for U.S. stocks to increase in value any further — meaning investors should start diversifying their portfolios, Goldman Sachs analysts said

Business - MarketWatch - 5 days ago

Hedge funds are piling into the nuclear sector, Goldman Sachs’ analysis shows

Hedge funds are picking up stocks in nuclear power producers in seeking to capitalize on the artificial intelligence boom, new analysis from Goldman Sachs shows

Business - MarketWatch - 3 days ago

‘FOMO’ could help drive stocks higher after the election, one top Goldman Sachs strategist says

The upcoming U.S. election has helped inspire a sense of foreboding on Wall Street, judging by the still-elevated level of the Cboe Volatility Index, otherwise known as the VIX or the stock ...

Business - MarketWatch - October 28

Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs

Donald Trump's recent victory is likely to see looming tariffs on China — but it may not be the only country subject to tariffs, according to Goldman Sachs.

Business - CNBC - November 11

The market’s in reflation mode. Goldman Sachs says replacing bonds works in times like this.

Markets have priced in the strongest reflationary environment in at least 24 years. Here’s what Goldman Sachs says worked before

Business - MarketWatch - November 11

Inside Goldman Sachs’ years-long power struggle over its China venture

A deal with a prominent Chinese banker gave the US group market access, but securing full control cost a lot more than it expected

Business - Financial Times - November 14

‘New playbook’ on Wall Street powers Goldman Sachs price boost, says analyst

Citi’s Keith Horowitz flags already-lofty valuation for Goldman’s stock, but says it could go higher amid deal optimism.

Business - MarketWatch - 2 days ago

Brookfield commits £900mn to backstop Canary Wharf refinancing

Canadian asset manager agrees to provide equity commitment if landlord cannot pay off bonds

World - Financial Times - Yesterday

October jobs take a hit from hurricanes, strike

This month's report reflects a lot of noise due to hurricanes, Boeing machinists strike.

Politics - CBS News - November 1

Robbie Williams hits back at ex-Take That manager

The singer took issue with the assertions made by his former manager in a new BBC documentary.

VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit

VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't always result in long-term successes.

Business - CNBC - November 13

This surprising investment strategy could boost your retirement nest egg—but proceed with caution

Most people want to play it safe with their retirement nest egg — but they could also lose ground that way.

Business - MarketWatch - November 2

China’s largest coffee chain plans to take on Starbucks in US

Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and fined

Business - Financial Times - October 29

Take-Two hits targets for September quarter with $1.47B in net bookings

Take-Two Interactive Software reported that its net bookings hit $1.47 billion in the fiscal second quarter ended September 30, up 2% from $1.44 billion a year ago. The bookings growth was driven ...

Tech - VentureBeat - November 6

The Papers: 'Business blames budget' and 'UK economy takes hit'

A survey indicating a slowdown in private business activity, which some blame on the government, leads the front pages.

Northvolt’s future hangs in balance as bankruptcy looms

Troubled European battery maker in race against time to secure short-term funding

Business - Financial Times - 6 days ago

Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy

The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.

Tech - The New York Times - 2 days ago

Battery start-up Northvolt files for bankruptcy protection in US

Europe’s big hope for homegrown manufacturing has struggled with production at its factory in northern Sweden

Business - Financial Times - 2 days ago

Northvolt CEO Peter Carlsson Steps Down

The Swedish battery maker said Carlsson will become a senior adviser as the company enters U.S. bankruptcy and initiates a debt restructuring. The search for a new chief executive is underway.

Business - The Wall Street Journal - Yesterday

‘There was so much promise’: How Northvolt tumbled into bankruptcy

Battery champion became a symbol of Europe’s ambitions and then its failings on its way to Chapter 11 proceedings

Business - Financial Times - Yesterday

The cautionary tale of Goldman and Apple’s credit card

Retail banking is not only harder than it looks but also heavily regulated by watchdogs who take their duties very seriously

Business - Financial Times - October 30

Goldman slashes European growth forecasts on Trump trouble

Elections have consequences

World - Financial Times - November 7

NFL Week 8 injury tracker: Latest updates on Jordan Love, Christian McCaffrey, DK Metcalf and others

A look at all the injuries that occurred in Week 8

Sports - CBS Sports - October 28

Saints WR Chris Olave discharged from hospital after concussion, to return to New Orleans with team

Saints wide receiver Chris Olave has been discharged from Carolinas Medical Center and set to return to New Orleans on Sunday with his teammates following a 23-22 loss to the Carolina Panthers

Sports - ABC News - November 3

Chris Olave injury update: Saints WR discharged from hospital after suffering second concussion this season

Olave left on a stretcher after taking a scary hit in the first quarter

Sports - CBS Sports - November 3

Tyler Bass hits 61-yard field goal to lift Bills past Dolphins, take full control of AFC East

The AFC East is just about wrapped up, and it's only the first weekend in November.

Sports - Yahoo Sports - November 3

Lions defense takes another major hit as starting LB to miss significant time after suffering injury vs. Jags

Detroit lost Alex Anzalone during the blowout victory

Sports - CBS Sports - 5 days ago

Volvo moves to buy out Northvolt from Gothenburg battery project

Chinese-owned Swedish carmaker is reviewing options for a potential partnership

Business - Financial Times - October 30

Northvolt chief warns of faltering green transition after battery maker’s bankruptcy

Europe’s best-funded start-up raised $15bn but was left with just $30mn in cash

Business - Financial Times - Yesterday

Northvolt CEO resigns as Europe’s big hope for a battery champion files for bankruptcy

The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S.

Business - CNBC - Yesterday

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