Swedish manufacturer Northvolt AB is close to a deal to build an electric-vehicle battery plant near Montreal, a project that’s expected to be worth about C$7 billion ($5.3 billion), according to people familiar with the matter.
Fidelity Investments is the latest financial services heavyweight to throw its name into the race to offer the first US exchange-traded fund investing directly in Bitcoin.
The European Union cleared a significant hurdle toward unifying its financial markets with a provisional deal to create a consolidated tape of trading activity from across the region.
An affiliate of Ion Group, the Irish financial software behemoth whose derivatives trading arm was hacked this year, was sued by a partner for allegedly backing out of an investment agreement.
Outgoing Bank of England rate-setter Silvana Tenreyro said the recent spike in market rates would be enough to bring UK inflation under control despite signs that price increases were becoming entrenched.
California’s reparations task force is leaving a decision on potential monetary compensation for eligible African American residents to state lawmakers.
Electrify America plans to add Tesla Inc.’s connectors to its large network of electric-vehicle charging stations across North America as the industry coalesces around the automaker’s plug design.
New York City’s property tax system helps explain why a “doomsday” scenario for the Manhattan office market would only result in a modest shortfall in real estate tax revenue — at least in the near term.
Homelessness in Los Angeles County rose to the highest level on record, soaring 9% from 2022 with an estimated 75,518 people living on the streets despite growing efforts to tackle the crisis.
Warnings are up from the Midwest to the East Coast, including New York, where air is now moderate
