Justin Costello was indicted for duping investors out of millions in schemes where he claimed to be billionaire, a Harvard MBA and an Iraq war veteran.
The U.S. housing market has been on a roller coaster, taking off in 2020 thanks to easy-money policies, then grinding to a near-halt this year as rates rose.
While Nio and Li Auto reported monthly deliveries of more than 10,000 each, Xpeng said it delivered just 5,101 cars — a third-straight month of decline.
The CEO of Eli Lilly (LLY) pinned the company's outlook revision on the strong dollar. "The underlying fundamentals of the business are really strong."
China's strict zero-Covid policy is a temporary overhang for Club holdings Starbucks (SBUX) and Estee Lauder (EL) that could weigh on earnings this week.