Category Archives: (Fargo | KFGO | kfgo.com) World News
Rivian to raise nearly $15 billion in debt for EV plant in Georgia
(Reuters) - Rivian Automotive plans to raise nearly $15 billion in debt to help build an electric vehicle manufacturing plant in Georgia, the EV maker said on Monday. The taxable bonds would be issued...
Nov 13, 2023
BlackRock-backed Jolt launches on-street EV chargers in UK
By Nick Carey LONDON (Reuters) - Australian charging company Jolt, which has received backing from U.S. fund manager BlackRock, said on Tuesday it is rolling out on-street EV chargers in London as par...
Nov 13, 2023
Goldman leads new funding for Fnality blockchain payments firm
By Huw Jones LONDON (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Tuesday it has raised 77.7 million pounds ($95.09 million) in a second round of funding backed by Goldman S...
Nov 13, 2023
Joby shows off electric air taxis in New York, targeting 2025 launch date
By Roselle Chen NEW YORK (Reuters) - Electric air taxis could be transporting passengers from JFK Airport to downtown Manhattan by 2025 - on quiet, emissions-free journeys that take around seven minut...
Nov 13, 2023
Nvidia upgrades flagship chip to handle bigger AI systems
By Stephen Nellis (Reuters) - Nvidia on Monday added new features to its top-of-the-line chip for artificial intelligence, saying the new offering will start to roll out next year with Amazon.com, Alp...
Nov 13, 2023
Johnson Controls warns of earnings report delay due to cyberattack
(Reuters) - Building solutions provider Johnson Controls warned of a delay in reporting its fourth-quarter results due to a previously disclosed cybersecurity incident, sending its shares down 1.3% af...
Nov 13, 2023
GPU tech supplier Imagination Technologies lays off 20% of staff -sources
By Max A. Cherney (Reuters) -Chip technology design maker Imagination Technologies plans to lay off 20% of the company's staff, according to sources familiar with the matter. The U.K.-based company, w...
Nov 13, 2023
Brazil’s Localiza sees Q3 profit up 57% on fleet management demand
SAO PAULO (Reuters) - Brazilian car rental firm Localiza said on Monday it recorded a 56.9% growth in third-quarter profit, in line with analysts' estimates as its fleet management business grew. The ...
Nov 13, 2023
Fisker posts larger-than-expected quarterly loss, flags material weakness in financials
(Reuters) -Electric-vehicle startup Fisker reported a larger-than-expected loss for the third quarter on Monday and flagged weakness in the company's internal control over financial reporting. The com...
Nov 13, 2023
Asset manager GMO’s first ETF will focus on ‘quality’ companies
By Suzanne McGee (Reuters) - GMO LLC, the asset management firm co-founded by veteran investor Jeremy Grantham, will launch its first exchange-traded fund (ETF) on Wednesday. The firm said it is rolli...
Nov 13, 2023
