Elon Musk Sells Billions In Tesla Stock To Subsidize Potential Twitter Purchase John Hugh DeMastri on August 10, 2022 Elon Musk, Chief Executive Officer of Tesla, recently sold $6.9 billion in Tesla stock …
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Financial News
Berkshire CEO-designate Abel sells stake in energy company he led for $870 million
by Reutersby ReutersBy Jonathan Stempel (Reuters) – Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold …
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Featured NewsTop HeadlinesUS and World News
Brooklyn Anti-Capitalist Ice Cream Truck Sells $10 ‘Eat The Rich’ Popsicles
Brooklyn Anti-Capitalist Ice Cream Truck Sells $10 ‘Eat The Rich’ Popsicles Laurel Duggan on July 14, 2022 An ice cream truck run by a Brooklyn art collective, MSCHF, sold $10 …
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Department of Justice Press Releases
Sells Man Sentenced to 25 Months for Assault with a Dangerous Weapon
by DOJ Pressby DOJ PressTUCSON, Ariz. – On Thursday, Kyle Devan Cachora, 28, of Sells, Arizona, was sentenced by United States District Judge Jennifer G. Zipps to 25 months in prison, followed by three …
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BERLIN – Munich-based carmaker BMW sold nearly a seventh fewer vehicles in the first half of 2022 compared with the same period in 2021 amid chip shortages and intermittent lockdowns …
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Financial News
Limited edition of Citroen’s mini EV sells out in under 18 minutes
by Reutersby ReutersPARIS – A limited edition of 50 Citroen mini electric cars sold out in less than 18 minutes, parent company Stellantis said on Wednesday, prompting the French brand to post …
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Financial News
Brazil bank Itau sells stake in broker XP for $154 million -report
by Reutersby Reuters(Reuters) – Brazilian lender Itau Unibanco Holding SA on Tuesday sold some of its roughly 11% stake in New York-listed broker XP Inc for about $154 million, Brazil Journal reported …
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ZURICH – Julius Baer is selling Geneva-based wealth manager Fransad Gestion to its management team, the Swiss private bank and asset manager said https://www.juliusbaer.com/en/media-investors/news/julius-baer-group-sells-fransad-gestion-sa-in-a-management-buyout on Thursday, giving no financial details. …
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(Reuters) – Ford Motor Co sold 7 million shares of electric carmaker Rivian Automotive Inc for about $188.2 million, or $26.88 apiece, the U.S. automaker said in a filing on …
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(Reuters) – Shares of Lordstown Motors shares surged over 23% in trading before the bell on Thursday after the electric vehicle startup said it had closed the deal to sell …
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(Reuters) – Tesla Inc Chief Executive Officer Elon Musk sold about 5.23 million shares in the electric vehicle maker, worth about $4.5 billion, in multiple open market sales on April …
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Financial News
Russian tycoon Tinkov sells stake in TCS Group to billionaire Potanin
by Reutersby ReutersLONDON – Russian businessman Oleg Tinkov, who last week criticized Russia’s war in Ukraine, has sold his 35% stake in the company he founded to a firm controlled by Russian …
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Financial News
Deutsche Bank investor Capital Group sells most of big stake – Filing
by Reutersby ReutersFRANKFURT – U.S. investor Capital Group sold most of its 5.2% stake in Deutsche Bank, according to a disclosure on Thursday. The filing makes official the name of the seller, …
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COPENHAGEN – Denmark’s Orsted said on Monday it had agreed to sell half of the Hornsea 2 project in Britain, which will become the world’s biggest offshore wind farm, to …
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Financial News
Richemont sells its 20% stake in Swiss watchmaker Greubel Forsey
by Reutersby ReutersZURICH – Luxury goods group Richemont has sold its entire 20% stake in Swiss watchmaker Greubel Forsey, documents showed on Thursday. Greubel Forsey said in a statement that 100% of …
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– Aegon has completed the sale of its Hungarian arm to Vienna Insurance Group (VIG) for 620 million euros ($682 million), the Dutch insurer said on Wednesday. Aegon had announced …
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Financial News
LSE owner sells wealth technology platform for $1 billion – Sky News
by Reutersby Reuters– The London Stock Exchange Group entered into a $1 billion deal to sell a wealth technology platform to a consortium of investors, Sky News reported on Monday. LSEG will …
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Financial News
Russian central bank sells $19 billion at ‘fine-tuning’ repo auction
by Reutersby Reuters– Russia’s central bank on Wednesday said it had provided banks with 2.05 trillion roubles ($18.97 billion) at a “fine-tuning” one-day repo auction, as it seeks to help lending institutions …
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LONDON -HSBC announced on Monday it has agreed to sell its branch operations in Greece to local bank Pancreta Bank, as the lender further sharpens its focus on its biggest …
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U.K. oil corporation BP announced that it would immediately sell its nearly 20% stake in Russian state-owned energy firm Rosneft amid the ongoing Ukraine crisis. BP purchased the 19.75% stake …
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Financial News
Insurer AIA Group sells Australian savings and investments business
by Reutersby Reuters– Asia-focused insurer AIA Group said on Thursday it would sell its Australian savings and investments business to local life insurance firm Resolution Life Australasia, noting it is “non-core” to …
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Financial News
Just Group sells lifetime mortgages to Rothesay Life for $933 million
by Reutersby ReutersLONDON – British life insurer Just Group has sold a portfolio of lifetime mortgages to fellow British insurer Rothesay Life for 687 million pounds ($932.88 million), Just Group said on …
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Business NewsFeatured News
Zillow sells more homes to Pretium as home-flipping operation unwinds – Bloomberg News
by Reutersby Reuters– Online real estate platform Zillow Group Inc is selling more properties to New York-based investment firm Pretium Partners as it exits the business of flipping houses, Bloomberg News reported …
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By Ron Bousso LONDON -Shell Chief Executive Officer Ben van Beurden on Feb. 7 sold 3.9 million pounds ($5.2 million) worth of the energy company’s shares, a company filing showed. …
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Business News
Nike cries foul over virtual shoes, suing retailer that sells sneaker NFTs
by Reutersby ReutersBy Blake Brittain – Sneaker giant Nike sued online reseller StockX in New York federal court on Thursday for selling unauthorized images of Nike shoes, marking the latest lawsuit over …