A day after unloading its self-driving vehicle unit, Uber Technologies Inc. Silicon Valley startup Joby Aviation said it would acquire Uber Elevate, and that Uber has agreed to invest 75 75 million as part of the deal. Joby told Uber UBR, -1.47% It had previously invested an undisclosed $ 50 …
Read More »Elon Musk says he has gone to Texas
Tesla Inc. TSLA 0.30% Chief executive Elon Musk said he has relocated to Texas, becoming one of the top executives to leave Silicon Valley during a coronavirus epidemic. He said the move had been going on for months and California lamented that the state was happy with its innovations and …
Read More »US Steel will buy the rest of the new, low-cost steel mill
United States Steel Corp. Big has agreed to acquire the remaining .10.1% stake in Big River Steel LLC for 74 million, giving the steelmaker ownership of one of the country’s newest, most advanced steel mills. Osola, Arch of the Big River. Owned by Mills, US Steel rivals Newcore Corp., one …
Read More »Goldum Sachs China Securities will acquire 100% of the joint venture
Goldam Sachs Group Inc. China is moving to acquire 100% ownership of its securities joint venture, deepening its investment in the world’s second-largest economy after a 17-year partnership with domestic brokerage. New York-based bank Goldm Sachs is applying to Chinese regulators for full control of the securities and has signed …
Read More »MSNBC names Rashida Jones President, Suicide Phil Griffin
MSNBC named Rashida Jones as the network’s president, a source said, adding that a major upheaval was caused by a news channel that has raised its profile with political coverage, but has struggled to keep up with rivals this year. Ms. Jones, who is currently serving as senior vice president …
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