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Business Maverick: Distressed crypto lender Babel wins reprieve on debt repaymentsThe Hong Kong-based Babel has 'reached preliminary agreements on the repayment period of some debts, which has eased the company’s short-term liquidity pressure'. Babel's difficulties highlight the turmoil sweeping the crypto sector, where at least one major lender has forced withdrawals.
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Business Maverick: Tesla Co-Founder Joins With Toyota to Recycle Car BatteriesToyota Motor Corp. is tying up with Redwood Materials Inc., a battery recycling company created by Tesla Inc. co-founder J.B. Straubel, to collect and repurpose cells from some of the earliest battery-powered vehicles.
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Business Maverick: Rally Builds After $2 Trillion Wipeout; Yields Up: Markets WrapUS equities rebounded Tuesday after last week’s rout erased nearly $2 trillion from the S&P 500. Treasuries retreated.
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