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Elon Musk owes banks $ 507 million to help Tesla raise capital

Elton Musk, Chief Executive Officer of Tesla Inc., arrives at the Federal Supreme Court in New York on Thursday, April 4, 2019. The SEC says Musk violated its agreement with the agency when it tweeted on 19 February that Tesla would produce about half a million cars in 2019 before tweeting a few hours later that shipments would only reach …

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Elon Musk owes banks $ 507 million to help Tesla raise capital

SAN FRANCISCO (Reuters) – Tesla boss Elon Musk owes $ 507 million to Wall Street banks involved in the sale of Tesla shares and debt. This is confirmed by a stake in the electric car manufacturer. Loans were released Thursday in Tesla's prospect to raise up to $ 2.3 billion in new equities and convertibles. They were $ 117 million …

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Trump sues banks for preventing them from completing house summons

Capital One's representatives did not respond immediately to a request for comment. The lawsuit provides some insight into some of the details the Congressional committees wanted to raise about Mr. Trump's finances, as well as their strategy of blurring lines between Mr. Trump as President and as a private citizen. One of the entities that Congress members have searched for …

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America's banks are big. China is massive

The world's top four banks come from China, according to the latest annual rankings from S & P Global Market Intelligence. Despite the trade war and currency problems, China's "Big Four" banks increased their balance sheet total by 1% to $ 13.8 trillion in 2018, S & P said The list is issued by the Industrial & Commercial Bank led …

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JPMorgan Banks It; Disney Streams Higher – The colorful fool

Friday morning was a good start for Wall Street, as the winning season started well. Positive news from the financial sector has helped boost the overall market sentiment and investors are looking forward to companies accelerating growth as tax cuts are over one year old and will not impact significantly year-on-year – year old results. Shortly after 11:30 EDT, the …

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How can one not weaken the independence of central banks?

T HERE ARE are more than a few echoes of the Nixon era in the presidency of Donald Trump. This includes the monetary reverberation. Richard Nixon saw himself in 1972 before re-election. He felt the need for a strong economy in his back and made a habit of plaguing Arthur Burns, the then-chairman of the Federal Reserve. Burns told of …

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New York Times: New York attorney general subpoenas two banks related to Trump Organization projects

Citing an unnamed source briefed on the subpoenas, the Times New York Attorney General Letitia James opened a new inquiry based on the testimony of Donald Trump's former lawyer Michael Cohen before Congress last month. Cohen tested that trump inflated his assets and provided that they were not Bank. Investors requested the Trump International Hotel in Washington, the Trump National …

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Peloton has reportedly selected banks for an initial public offering worth more than $ 8 billion

Peloton, a retailer of digital exercise equipment, has reported that it has selected bankers for an IPO. Peloton sells exercise bikes, treadmills, and digital content subscriptions. Business Insider / Mary Hanbury Goldman Sachs and JPMorgan will lead the IPO, Bloomberg said as $ 8 billion. Founded in 2012, Peloton sells high-end exercise bikes and treadmills, as well as subscriptions to …

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