1. Branson's Virgin Orbit Files for Bankruptcy Richard Branson's Virgin Orbit files for Chapter 11 bankruptcy and JP Morgan's Jamie Dimon warns that the banking crisis will have “repercussions for years to come." Here’s what investors need to know today. 2. JP Morgan's Dimon Warns Banking Crisis 'Not Over' Richard Branson’s…

Stellantis (FCA US, LLC) has released its sales figures for the first quarter of 2023, reporting a decrease of 9% compared to the same period in the previous year, with a total of 368,237 vehicles sold. Despite the challenging market conditions in the automotive industry, U.S. Head of Sales, Jeff Kommor, said that FCA US…

Ray Dalio, the billionaire founder of Bridgewater Associates LP, took to social media Sunday to “clarify” comments he made last week in which he appeared to brush off human-rights abuses in China. Dalio said he “sloppily answered” a question during a CNBC interview that “created a misunderstanding” of his views. “I assure you that I…