Morgan Stanley said on Wednesday it will cover college expenses for 60 students at historically Black colleges and universities (HBCUs) in the banking industry's latest attempt to address racial injustice after the death of George Floyd.
The naming of names for Bill Ackman’s special purpose acquisition company just got more interesting. On Tuesday, the New York Post reported that the hedge fund manager’s blank-check vehicle wanted to take a stake in the former New York mayor Mike Bloomberg’s eponymous media empire, something Bloomberg LP dismisses. It’s true that Ackman’s $5 billion war chest can hook a big fish by taking a small stake in a company. But large, well-known private firms don't nee
Automakers are gearing up for tough new vehicle emissions rules and policies favoring electric vehicles if Democratic presidential candidate Joe Biden wins the White House.
EU environment ministers are set to agree this week to make the bloc's pledge to be climate neutral by 2050 legally binding, although tough questions about how deeply to cut emissions over the next decade will be left to leaders to discuss in December.
Business model transformation and decarbonization within the autos sector