Cooley’s Chicago partners are tasked with carrying out a strategic mission to capture entrepreneurial business outside the well-worn corridors of Silicon Valley and the coastal northeast.
Like a lot of people, Chris Hilbert has complicated feelings about his Tesla Model S. Hilbert, who is 44 and lives outside Indianapolis, loves his car’s instant torque and neck-snapping acceleration, but there are other aspects of <-bsp-bb-link state="{"bbDocId":"RYFUJ5DWRGG0","_id":"00000190-a114-d6e5-adde-bbd5803e0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Tesla ownership he finds less appealing. For instance, he doesn’t credit the company’s claims that his car is a few software updates away from being able to operate autonomously, and he wouldn’t particularly care about such a capability, even if it existed. “I like to drive my vehicles,” he says. He’s also put off by the rabid fandom culture that’s come to surround everything related to <-bsp-bb-link state="{"bbHref":"bbg://securities/TSLA%20US%20Equity/BICO","_id":"00000190-a114-d6e5-adde-bbd5803e0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Tesla Inc. and its chief executive officer, <-bsp-bb-link state="{"bbHref":"bbg://screens/BBIO%201954518","_id":"00000190-a114-d6e5-adde-bbd5803e0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Elon Musk.
Revego Fund Managers, which runs Africa’s first fund focused on primarily investing in operating renewable-energy assets, is seeking new investors as it works toward an eventual listing.
Chinese data center service provider <-rte-company state="{"_id":"00000190-a11d-d6e5-adde-bbdd4b140002","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Vnet Group Inc.’s founder and co-chairperson <-bsp-person state="{"_id":"00000190-a11d-d6e5-adde-bbdd4b140003","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Josh Chen Sheng has withdrawn his proposal to take the company private, according to a person familiar with the matter.
One of Britain’s biggest banks isn’t even a bank. For three years, Revolut has been in discussions with UK authorities to secure a local banking license – without much success. “Hopefully, sooner or later, we’ll get it,” co-founder and Chief Executive Officer Nikolay Storonsky told reporters last week.
China took some of its most extreme steps yet to restrict short selling and quantitative trading strategies, seeking to support the nation’s sliding stock market as a closely-watched economic policy meeting approaches.
<-bsp-bb-link state="{"bbHref":"bbg://screens/FED","_id":"00000190-9f56-d6e5-adde-bfd796260000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Federal Reserve Governor <-bsp-person state="{"_id":"00000190-9f56-d6e5-adde-bfd796260001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Lisa Cook said although soft landings in economies after bouts of high inflation are rare, that’s what she is predicting for the US as inflation cools with little damage to the labor market.
<-bsp-bb-link state="{"bbHref":"bbg://securities/0732002D%20US%20Equity","_id":"00000190-a038-d6e5-adde-bbf95d470000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Archegos Capital Management founder <-bsp-person state="{"_id":"00000190-a038-d6e5-adde-bbf95d470001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Bill Hwang was found guilty of criminal charges stemming from his firm’s 2021 collapse, concluding a two-month trial that captivated Wall Street.
An Amyris Inc. shareholder has dropped his derivative suit over alleged short-swing trading by a board member’s investment fund because the parties have reached a settlement, according to a court filing.
Investors including <-bsp-bb-link state="{"bbHref":"bbg://securities/700428Z%20US%20Equity","_id":"00000190-9ea5-d6e5-adde-bff588c70000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Silver Point Capital and bond giant <-bsp-bb-link state="{"bbHref":"bbg://securities/21429Z%20US%20Equity","_id":"00000190-9ea5-d6e5-adde-bff588c70001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Pacific Investment Management Co. wrongly stripped collateral rights from other investors via a $250 million rescue financing for Platinum Equity-backed
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