US Firm Takes Control Of One Of The "World's Largest" Cobalt Producers

Ferrari Vs Tesla: $640K Luce EV Loses Key Speed And Range Battles To Model S Plaid Authored by Aamir Khollam via Interesting Engineering, Ferrari's upcoming electric grand tourer, the Luce, has already sparked intense debate online. Much of that attention centers on its unconventional styling. Yet beyond the design discussion, the numbers reveal an interesting comparison against one of the EV market's most established performance sedans: the Tesla Model S Plaid. The matchup is far from equal in price or positioning. Ferrari plans to launch the Luce at roughly $640,000, while Tesla's...

SDNY Prosecutors Looking At Valuation Discrepancies In Private Credit Market In a move that is long overdue, Jay Clayton, the US attorney for the Southern District of New York, said his office is looking at possible valuation discrepancies in the private credit marketplace.  Wall Street’s top prosecutor addressed the issue Wednesday while speaking at the Bloomberg Global Credit Forum in New York. Clayton said the difference between the price at which assets are marked on one balance sheet versus others was at the heart of blowups at First Brands Group, Tricolor Holdings and...

Sen. Graham Urges Congressional Iran Vote...On Approving Peace, Not War This is definitely in you really can't make this up(!) territory... Sen. Lindsey Graham is actually calling for a Congressional vote, but not concerning a War Powers Resolution.  Instead, he has called for Congress to review and vote on any diplomatic agreement ending the war with what he described as the "Iranian terrorist regime." That's right, the NeoCon senator from South Carolina only wants a Congressional vote on whether peace should be approved. He has remained opposed to a War Powers vote. In a series of posts...