As companies leave Russia, their assets could be seized
A draft law could allow Russian courts to appoint external administrators for companies that cease operations and are at least 25% foreign-owned.
Disney legend Joyce Carlson’s big, small world
Without Disney artist Joyce Carlson’s mind, the cheerful color-soaked universe of dancing dolls in the “it’s a small world” attractions would never have existed — or at least wouldn’t have been the same.
Rivian hires Magna Steyr executive as COO, report says
EV maker Rivian has hired a top executive from Magna as its next COO, people familiar with the matter told Bloomberg.
EV startup Electric Last Mile discloses SEC probe, warns of cash crunch
ELMS also said it’s withdrawing previous guidance and will need to raise cash to get vehicles to market.
Car dealers are optimistic, but supply crises, war spur concern, survey finds
Dealers, following a year of soaring profits but scant new-vehicle inventory, expect more of the same in 2022. But a pair of new worries are hindering some outlooks.