The conflict between Tesla CEO Elon Musk and local health authorities appears to have ended in a whimper, with Musk showing how much influence he wields both locally and in the state where he is a prized employer. Local county orders had aimed to prevent Tesla and others from opening large manufacturing facilities amid the Covid-19 outbreak, starting in March. After California state authorities...
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Where Did All the Traders Go? Investment Funds Lean on Outsourcing to Cut Costs
More and more investment funds are outsourcing their trading, a move that cuts costs and aims to boost returns but also poses risks for the funds’ portfolios and underlying investors. Once a niche Wall Street business that catered to young hedge funds, outsourced trading has now attracted mutual funds, pension funds and other asset managers, including some of the biggest firms on Wall...
Ex-Coinbase Product Manager Pleads Guilty in Crypto Insider Trading Case
DCG Selling Grayscale Fund Shares at Steep Discount Amid Genesis Bankruptcy
SoftBank’s Vision Fund Posts Loss for Fourth Straight Qurter
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