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...Additional reporting by Owen Walker...
...Michael Frerichs, the Illinois state treasurer, said: “We want to make sure they’re committed to addressing the risks, and we think it’s important everyone we work with is managing risk responsibly and is...
US investment giant drew up plans to acquire part of Swiss bank
Proxy adviser ISS raises threat of potential revolt at Spanish lender’s AGM
US bank seeks to capitalise on market downturn to poach from European rivals
Bank could pay another €200mn to develop building and has already hired 300 additional staff in Ireland
Australian insurer says Tokio Marine and Marsh McLennan should also be liable if legal case is lost
Activity in futures contracts linked to cryptocurrency surges to record levels in January
...“It’s fair to say that, coming up on four years, fixing the Max has not been achieved,” Owens said. “The root cause is some kind of corner-cutting or process lapses that seem to be persistent....
...Spotting an electric truck on the road remains a novelty in most of the US, but not Normal, Illinois....
Capital should chase profits — but the question for winemakers to ponder is whether this will now occur in bottle making
...“It’s a win-win cooperation,” said Owen Chen, an analyst with S&P Global Mobility, “Xpeng can enter the B2B market by selling cars to Didi… while Didi can also employ more smart taxis developed by other...
...Bronwyn Owen, the group’s head of investor relations, is relocating from New York to run the office....
...A federal jury awarded Owen Diaz, who is black, nearly $3.2mn in damages in April in a lawsuit over the racial abuse he said he experienced while working as an elevator operator at the Fremont factory in...
...BofA’s Jadrosich pointed to risks such as a recent increase in the price of insulation from supplier Owens Corning, which cited strong demand....
...The company’s plant in Illinois is now on track to build 52,000 vehicles this year, up from prior guidance of 50,000 and a sharp change from 2022, when Rivian was forced to halve volumes in the face of supply...
...Rivian said that it built 13,992 trucks and vans at its factory in Normal, Illinois in the second quarter, well above Wall Street expectations of about 11,000, according to analysts polled by FactSet....
...His Illinois-based start-up builds tools to help surgeons navigate spinal instruments and implants during operations and attracted the biggest US deal over the past six weeks with an $83mn funding round...
Net interest income up 23% from a year ago as Federal Reserve raises rates
...Berkshire’s BNSF Railway, which runs from California to Illinois, reported a decline in shipping revenues and said consumer and industry demand had fallen....
...By partnering with Mizuno, “the message sent to the market is that MSCI is still committed to the ESG and climate space”, said Owen Lau, an analyst at financial services company Oppenheimer....
...Rivian has not been spared, saying it expects the supply chain problems that have hampered production at its factory in Normal, Illinois to “continue to be the main limiting factor” for the plant’s output...
...The filing is the second step of a plan by the $35bn Illinois-based house to build a roster of ETFs, both in the US and potentially in Europe as well....
...But Apple’s real strength is that it earns money from hardware sales and non-banking services, said Christian Owens, chief executive of Paddle, a payments company....
...Rathbones holds two US companies that should benefit from the rising demand for more sustainable buildings: Owens Corning, which provides building insulation; and Advanced Drainage Systems which is focused...
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