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Business

IRS Funding Freeze Could Cost $140 Billion: Treasury Warns Congress

Treasury officials urge Congress to release $20 billion in frozen IRS enforcement funds. Failure to do so could…

ByByKen Avery Nov 26, 2024

Rivian Secures $6.6B DOE Loan for Georgia EV Factory, Targets 2028 Launch

Rivian secures $6.6 billion DOE loan to restart Georgia factory construction, now targeting 2028 operations. The EV manufacturer…

ByByMichael Smith Nov 26, 2024

Ride-Hailing Drivers Turn Entrepreneurs: The Rise of Independent Transportation Services

Ride-hailing drivers are launching their own transportation businesses, seeking better income and autonomy. This trend emerges as drivers…

ByByMichael Smith Nov 25, 2024

Tesla Stock Soars: Analysts Warn of 35% Drop Amid Overvaluation Concerns

Tesla’s stock surge raises analyst concerns. UBS predicts 35% drop, citing overvaluation and unrealistic growth expectations. Analysts warn…

ByByAarav Patel Nov 25, 2024
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SoftBank Eyes $25B OpenAI Investment: AI Giant’s Valuation Could Soar to $300B

SoftBank reportedly in talks to invest $25 billion in OpenAI, potentially valuing the AI firm at $300 billion.…

ByByStaff Editor Jan 31, 2025

Apollo’s Tokenized Fund ACRED Revolutionizes Private Credit Access on Blockchain

Apollo Global Management launches tokenized private credit fund, ACRED, offering accredited investors access to private credit deals through…

ByByStaff Editor Jan 31, 2025