Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory
Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount…
India’s Uber-rival BluSmart appears to suspend service in wake of EV loan probe
BluSmart, India’s all-electric cab-hailing startup that was once seen as an emerging rival to Uber, appears to have suspended service in some cities just as the country’s market regulator launched…
Toronto FC adds midfielder Maxime Dominguez on loan from Brazilian club
Toronto FC has acquired Swiss/Spanish midfielder Maxime Dominguez on loan from Brazil’s Vasco da Gama, the Major League Soccer team announced Thursday. The loan runs through Dec. 31, with a…
Bolt CEO Ryan Breslow explains his troubled $30M personal loan, announces new ‘super app’
Bolt’s controversial co-founder Ryan Breslow, who returned as CEO earlier this month, spoke on Monday about the $30 million personal loan he took out of his company that sparked legal…
Toronto FC acquires Norwegian forward Ola Brynhildsen on loan with option to buy
Toronto FC has finally landed a striker, signing Norwegian international forward Ola Brynhildsen from Denmark’s FC Midtjylland on loan through the end of the year with an option to make…
Harvey Weinstein Sues Brother, Says He Was Duped Into Guaranteeing $45M Loan
Harvey Weinstein My Brother Screwed Me … Left Me Holding Bag On $45M Loan!!! Published February 14, 2025 5:09 PM PST Family drama with Harvey Weinstein … he’s suing his…
Rivian finalizes $6.6B loan for its Georgia factory
Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump’s inauguration. The company will use the…
Rivian snags $6.6B conditional federal loan to build Georgia factory
Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a…
Penguins assign goaltender Tristan Jarry to AHL on conditioning loan
The Pittsburgh Penguins have assigned goaltender Tristan Jarry to AHL Wilkes-Barre/Scranton on a conditioning loan, the team announced Saturday. Jarry has struggled to start this season, posting a 1-1-0 record…
Chelsea completes loan signing of Jadon Sancho from Manchester United
LONDON — Chelsea has completed the signing of Jadon Sancho from Manchester United to add another attacking weapon to its already bloated squad. The deal for a one-year loan with…