US auto safety regulator closes probe into nearly 7,000 Fisker electric SUVs
(Reuters) – The U.S. auto safety regulator closed its probe into 6,971 Fisker (OTC:FSRNQ) Ocean SUVs on Friday over inadvertent activation of the automatic emergency braking system, as it does not expect to get further information from the bankrupt EV
NHTSA opens preliminary probe into more than 870,000 GM vehicles
(Reuters) – The U.S. National Highway Traffic Safety Administration said on Friday it was opening a preliminary probe into 877,710 vehicles manufactured by General Motors (NYSE:GM), after receiving reports alleging engine failure. The investigation covers certain Chevrolet Silverado, GMC Sierra, Chevrolet
Citadel Securities seeks to establish brokerage in China
Investing.com — Citadel Securities, led by CEO Peng Zhao, has submitted an application to the China Securities Regulatory Commission to establish a brokerage in mainland China. The move comes as many Wall Street firms find it challenging to navigate the
U.S. equity fund outflows surged on doubts over Fed rate cuts
(Reuters) – U.S. equity funds saw a spike in outflows for the week ending Jan. 15, as the outlook for Federal Reserve rate cuts this year had dimmed while investors were cautious about the ongoing quarterly earnings season. According to LSEG
Small caps lose Trump bump as rising rates sap strength
By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – As investors seek assets that will shine under a Donald Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican’s policies has been stumbling. Shares of smaller