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Business

Daniel Loeb’s Third Point Bets on Topeka Sam’s Criminal Justice Group

February 27, 2021

Nearly 2.3 million people are incarcerated in the United States, prisons, prisons, and other correctional facilities. Currently, more of these inmates are jailed...

Business

The Auto Industry Bets Its Future on Batteries

February 16, 2021

"Today's batteries are not competitive," said Jagdeep Singh, general manager of QuantumScape, based in San Jose, California. "Batteries have enormous potential and are...

Business

Melvin Capital, Squeezed by Its Bets Against GameStop, Lost 53 Percent in January

February 1, 2021

Melvin Capital Management, one of the hedge funds denounced on social media message boards for its short selling bets that GameStop stock would fall,...