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Tag: WSJ-PRO-WSJ.com

Business

Rivian moves more engineers near Illinois EV plant to speed up production

Francby FrancMarch 24, 20230

Electric vehicle manufacturer Rivian Automotive Inc. RIVN -0.66% is relocating parts of its production engineering staff to its Illinois plant as part of a reorganization …

Business

The First Republic Bank Founder Earned a Big Salary – So Did His Family Members

Francby FrancMarch 24, 20230

First Republic Bank FRC -3.39% has paid members of the family of its founder, James Herbert, millions of dollars to work at the lender in …

Business

SEC plans lawsuit against Coinbase, according to exchange

Francby FrancMarch 22, 20230

The Securities and Exchange Commission told Coinbase COIN -8.16% Global Inc. which plans to take action against the company, stepping up its crackdown on digital …

Business

First Republic Bank seeks Lazard for help with strategic options review

Francby FrancMarch 21, 20230

First Republic Bank FRC 29.47% is bolstering its advisory ranks as the troubled creditor seeks to stay afloat and plan for a post-crisis future amid …

Business

Here’s What Happens at the IRS After You File Your Taxes

Francby FrancMarch 20, 20230

Jonathan Amy, a 74-year-old semi-retired neurologist in McLean, Virginia, is still waiting for a refund of nearly $10,000 on his 2020 taxes. of acceptance from …

Business

First Republic Bank Goes Big for US Regulators After Credit Suisse Sale

Francby FrancMarch 19, 20230

US policymakers eyed the hasty bailout of Credit Suisse CS warily -6.94% Group AG over the weekend, hoping its buyout by UBS Group AG it …

Business

UBS offers $1 billion to buy Credit Suisse

Francby FrancMarch 19, 20230

One option would involve buying out all of Credit Suisse and then turning its local operations in Switzerland into an independent entity, the people said. …

Business

Critical role of smaller banks in the economy means distress increases recession risks

Francby FrancMarch 19, 20230

Main Street businesses and American households will likely have a harder time getting a loan because of the turmoil in the banking sector, hurting economic …

Business

Why is Credit Suisse in trouble? The banking turmoil explained

Francby FrancMarch 18, 20230

Stress in the US banking system crossed the Atlantic this week, sending turmoil to Swiss bank Credit Suisse.. CS -6.94% The European lender has been …

Business

What’s going on with First Republic Bank?

Francby FrancMarch 18, 20230

But on Friday, First Republic shares fell again, plunging more than 30% and leaving analysts wondering whether it has a future as an independent bank. …

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