Samsung SDI is considering building a battery factory in Illinois.

Samsung SDI, a subsidiary of South Korea's Samsung Group, is considering building a battery factory in central Illinois, U.S. Senator Dick Durbin revealed on Thursday. Samsung SDI is discussing building a battery factory in Normal, Illinois, Durbin said. Rivian, an electric car start-up backed by Amazon.Com Inc and Ford, now has a factory in Normal and said in April that Samsung SDI would supply batteries for its cars. "We are competing for a large battery factory at Samsung," Durbin said on Thursday. A delegation came from South Korea this week.

新浪財經Aug 13, 2021 07:13

The US SEC rewarded the two whistleblowers with $22 million and has distributed a total of $838 million

The US Securities and Exchange Commission (SEC) announced on Monday that it will pay a bonus of around $22 million to two whistleblowers who provided information on securities violations by a financial services company. The SEC said that the first whistleblower's report triggered the agency's investigation, so he will receive most of this bonus, $18 million; the second whistleblower provided information after the SEC's investigation began, and he will receive a $4 million bonus. The SEC's whistleblower reward system was established after the 2007-2009 global financial crisis, and has generated more than $2.5 billion in fines as of fiscal year 2020. SEC table

新浪財經May 11, 2021 07:28

US technology stocks plummeted, and the flagship fund of the “female stock god” fell to a six-month low

US technology stocks plummeted on Monday. Cathy Wood's flagship fund, Ark Innovation ETF (ARKK), fell to a six-month low, and 53 of its 58 stocks held fell. This ETF fund, which focuses on technology companies aiming to disrupt the industry, fell 5.2% on Monday, double the decline in the Nasdaq 100 index. The fund is now down more than 30% from its peak in February. In 2020, Wood's Ark Innovation ETF soared nearly 150%, but so far this year it's down 16%. Among the investment portfolios disclosed by the fund on May 7, the two biotech stocks that were hit the hardest: T

新浪財經May 11, 2021 07:16