In an aggressive move to make a mark in the electric vehicle (EV) market, Scout Motors has resurfaced with a bold vision. Originally established in the early 1960s, the Scout name held a nostalgic place in American automotive history but faded from existence by the end of the 1980s. With Volkswagen’s financial backing, Scout aims
Business
In a significant legal development, a federal judge has officially blocked Tapestry’s ambitious acquisition of Capri Holdings, putting a damper on what was touted as a groundbreaking merger within the luxury fashion industry. Judge Jennifer Rochon delivered this ruling after an expedited trial held last month in New York, granting the Federal Trade Commission’s (FTC)
The financial sector has been experiencing profound transformations with the advent of artificial intelligence, particularly generative AI technologies. Morgan Stanley stands at the forefront of this evolution, incorporating OpenAI’s cutting-edge tools into its investment banking and trading operations. This strategic move seems aimed at enhancing productivity and simplifying access to critical research data, thereby redefining