One Bad Week

ActBlue Co-Founder Invokes the Fifth Amendment As House Fraud Probe Widens ActBlue co-founder Matt DeBergalis sat before the Committee on House Administration, the House Oversight Committee, and the House Judiciary Committee on Thursday and declined to answer a single substantive question during a closed-door deposition that reportedly lasted less than half an hour. DeBergalis invoked his Fifth Amendment right against self-incrimination and left. DeBergalis joins a growing list of ActBlue executives who have chosen silence over testimony as Republicans dig into whether the Democratic Party's primary fundraising platform let foreign...

Meet The Investors In SpaceX Who Say Their Shares "Disappeared" Some investors who thought they had secured one of Wall Street's hottest trades, owning SpaceX before its blockbuster IPO, say the shares they expected to cash in on simply disappeared, according to the Wall Street Journal. The controversy centers on special purpose vehicles (SPVs), investment funds that promise accredited investors exposure to private companies before they go public. After SpaceX's June IPO, several investors who bought into SPVs managed by Late Stage Management say they were stunned to learn the underlying...

Oil Price Shock Drives 140% Surge In China's EV Exports To Record High By Michael Kern of OilPrice.com, Chinese electric vehicle exports soared by 140% to a record high in March as the fuel price shock drove consumers back to EVs. BYD electric vehicles bound for export in China.Source: AFP/Getty Images China exported as many as 349,000 electric vehicles last month, a record high number of any month ever, according to data from the China Passenger Car Association cited by Bloomberg. Drivers in Asia Pacific, Europe, and the United States started searching for EVs...