After Tesla Inc. acquired Solar City in 2016 for $2.6 billion, Elon Musk had high hopes for its solar-shingle technology: Produce and install 1,000 of them weekly within a few years.
: DraftKings CEO Jason Robins pockets more than $5 million from sale of stock
DraftKings disclosed that CEO Jason Robins raised $5.3 million from the sale of stock.
Market Extra: Piles of commercial-real-estate loans at banks may be worth just 77 cents on the dollar — if that
The discounted sale of Silicon Valley Bank assets are a starting point to gauge how much commercial-real estate loans at banks will fetch in the open market.
: What is a ‘well-regulated militia’? No less than Alexander Hamilton defined it for us.
The school shooting in Nashville, Tenn., this week has once again brought the debate over guns in the U.S. to the fore.
Banking: Wells Fargo hit with $98 million fine for providing trade tech that skirted economic sanctions
Wells Fargo says it is ‘pleased to resolve this legacy matter’ that ended in 2015 and that it ‘voluntarily self-reported.’
: Biden calls for new rules for large regional banks
President Biden calls on regulators to implement new rules for large regional banks, building on a pledge made after the collapses of SVB and Signature Bank.
Commodities Corner: OPEC+ committee is set to review an oil market plagued by concerns over the banking crisis and a recession
The OPEC+ Joint Ministerial Monitoring Committee will hold a meeting Monday with discussions expected to highlight the importance to continue monitoring a market that is troubled by the banking crisis and potential for an economic recession.
: Biden administration condemns Russia’s detention of Wall Street Journal reporter
The Biden administration on Thursday said it condemns the detention by Russia of a Wall Street Journal reporter ‘in the strongest terms.’
The Margin: People have stopped fleeing cities after the pandemic-fueled mass exodus, Census Bureau data show
Some cities are seeing a ‘doughnut effect’ as hybrid workers move into the suburbs surrounding city centers, so they can still commute a few times a week.
Crypto: Sam Bankman-Fried pleads not guilty to new conspiracy, fraud charges
Sam Bankman-Fried has pleaded not guilty to five new federal charges, including the latest that involved bribing the Chinese government
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