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Porsche Seeks Closer Ties With Battery Specialists for Tech

Porsche Seeks Closer Ties With Battery Specialists for Tech Bloomberg 2 hrs ago Christoph Rauwald (Bloomberg) Por­sche is seeking to strengthen ties with battery specialists to expand on its technology edge that’s helped turn the Taycan electric car into a sales success. The sports-car maker is in talks to set up more collaborations with battery developers, including Germany’s Custom Cells GmbH, Volkswagen AG’s most profitable division said Tuesday in a statement. Porsche is spending 15 billion euros ($18 billion) over five years on boosting electric mobility and digital services. © Bloomberg Porsche Automobil Holding SE Showroom and Workshop Ahead of Earnings

God and man collide in rise and fall of Bill Hwang s life on Wall Street

With the sun rising outside their conference room in Midtown Manhattan, the visitors to a secretive investment empire bent their heads in prayerful meditation. It was another Friday morning, 7 o’clock, and a familiar scene was unfolding again inside Archegos Capital Management, an obscure family office that would go on to shake the financial world. In the days before the pandemic, 20 or 30 people would squeeze together around the long table and, over coffee and Danishes, listen to recordings of the Bible, according to people who were there. First might come the Old Testament, perhaps Isaiah or Lamentations. Then came the New, the Gospels, which called out to the listeners drawn from a path known more for its earthly greed than its godly faith: Wall Street.

The Two Lives Of Bill Hwang, Man Behind The Archegos Fiasco

The Two Lives Of Bill Hwang, Man Behind The Archegos Fiasco
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