Stock-trading app Robinhood has acquired Binc, a San Francisco-based provider of recruiting services, the companies announced on Monday. The addition of Binc, an 80-person business founded nearly two decades ago, approximately doubles the size of Robinhood’s recruiting organization during a period of immense growth. The terms of the deal weren’t disclosed. Robinhood, which raised several...
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The Electric electric vehicles
The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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