New York CNN — Silicon Valley Bank’s 48-hour collapse led to the second-largest failure of a financial institution in US history. SVB was one of America’s 20 largest commercial banks and is now under the control of the US Federal Deposit Insurance Corporation after it became unable to pay back […]
takeaways
Rivian production Rivian The electric-vehicle startups Rivian, Lucid, and Canoo produced third-quarter results this week. Startups are however scrambling to get cars and trucks to clients as manufacturing improves. Industry specialists continue being optimistic after the benefits. Rivian, Lucid, and Canoo all reported 3rd-quarter earnings this 7 days, and the […]