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The Department of Energy plans to lend $9.2 billion to BlueOval SK, a joint venture between American automaker Ford and South Korean battery manufacturer SK On, to help finance the construction of new battery factories in Tennessee and West Virginia. The massive loan, part of an effort by the Biden administration to boost electric vehicle production in the U.S., nearly doubles the $11.4 billion already put into the joint venture by the parent firms. The loan is also the largest investment yet by

HIGHLIGHTS Pre-commissioning activities commenced prior to quarter-end with plan to commence operations in late Q1 or early Q2 of calendar year...

The president and CEO of the National Urban League shared that the package provides funding for many of the organization's top priorities.

The Omnibus Spending package provides critical funding for federal government operations and community projects, including many of the National Urban League’s top priorities.

EQS-News: Carver Bank Carver & Operation HOPE Launch Financial Literacy to Loans Program 26.09.2022 / 17:36 CET/CEST The issuer is solely responsible for the content of this announcement. Carver Federal Savings Bank (Carver or the Bank), a certified Minority Depository Institution (MDI...