GM in Talks to Move Credit-Card Business From Goldman to Barclays

The deal including roughly $2 billion of card balances could be struck by summer. Read More

GM to invest more than $1 billion in these 2 Flint facilities to make internal combustion engine heavy-duty trucks

General Motors Co. announced Monday plans to invest more than $1 billion to prepare two of its Flint, Mich. plants for production of “next-generation” internal combustion engine (ICE ... Read More

Goldman Sachs in talks to transfer GM credit card partnership to Barclays, WSJ reports

Goldman Sachs is in talks to transfer its General Motors credit card program to Barclays , the Wall Street Journal reported on Monday, citing people familiar with the matter. Read More

US to Spend $1 Billion on Food Aid Abroad Amid Global Hunger Crisis

US to Spend $1 Billion on Food Aid Abroad Amid Global Hunger ... according to the United Nations' World Food Programme. Global hunger is getting worse, with 745 million more people moderately ... Read More

BMW Plans $2.8 Billion China Factory Update to Boost EV Production

BMW will invest $2.76 billion to adapt one of its major Chinese factories to produce more electric vehicles in the world’s largest EV market. Read More

Samsung to invest $24 billion in new chip factory in the US

The Wall Street Journal has learned. The Korean firm already operates a chip plant in Austin, Texas. Samsung may double its chip investment in the US In 2021, Samsung announced a $17 billion ... Read More

Goldman Sachs in talks with Barclays to part with GM credit-card business: report

Bread Financial Holdings BFH, +2.81% and U.S. Bancorp USB, +0.41% were also engaged in talks with Goldman Sachs but appear to be less likely suitors at the current time, the report said. A Goldman ... Read More

World News

Grief and rage over the war and Israel have led to demonstrations across the Arab world. Arrests suggest governments fear the outrage could boomerang. The actor, who has become a #MeToo flashpoint ... Read More

Angel investing 101

Through that initial investment, the equity he bought in Apple is worth $1.2 billion today ... However, some conditions must be met. US Federal law states that equity in a company or securities ... Read More

Microsoft to Invest $1.5 Billion in Emirati AI Firm G42 for Minority Stake

DUBAI (Reuters) -Microsoft is investing $1.5 billion in United Arab Emirates-based ... "We will combine world-class technology with world-leading standards for safe, trusted, and responsible ... Read More

Italian State Lender to Invest 1 Billion Euros in 5 Years in AI

Italian State Lender to Invest 1 Billion Euros in 5 Years in AI ROME (Reuters) - The venture capital arm of Italy's Cassa Depositi e Prestiti (CDP) will invest 1 billion euros ($1.1 billion ... Read More