Ford Motor Co. (NYSE:F) And General Motors Co. (NYSE:GM are reportedly in talks to provide a financial lifeline to save the bankrupt auto parts supplier First brand group. The potential deal involves the automakers making upfront payments for the products they will receive. This would provide First Brands with much-needed cash to continue operations. The […]
The renowned short-seller Jim Chanos has publicly questioned the financial benefits of the historical partnership between Advanced Micro Devices Inc. (Nasdaq: AMD) and OpeniSuggesting that the deal may not be as lucrative for AMD as it seems. In a series of messages on social media, Chanos has investigated the structure of the deal, where AMD […]