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04.06.26 - 16:06
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Helion Raises $465 Million Series G Funding Round to Meet Surging Global Demand for Power (Business Wire)
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Led by Thrive Capital at $15.5 billion post-money valuation, new financing expands U.S. fusion manufacturing capacity, accelerates deploymentEVERETT, Wash.--(BUSINESS WIRE)--Helion, a Washington-based fusion energy company, announced a $465 million Series G investment round to accelerate commercial deployment of fusion, scale manufacturing capacity, and expand the company's ability to deliver clean electricity to customers. This latest round of funding brings the total invested to date in Helion to $1.5 billion and values the company at $15.5 billion post-money.
The raise was led by Thrive Capital, with participation from additional new investors, including Alta Park Capital, Anti Fund, BoxGroup, Lux Capital, Peak XV Partners, and Ford Motor Company Executive Chairman Bill Ford, plus existing investors, including Capricorn Technology Impact Funds, Lightspeed Venture Partners, Mithril Capital, Dustin Moskovitz through Good Ventures Foundation, SoftBank Vision Fund 2, and a university endowment fund.
“Fu...
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04.06.26 - 15:21
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Ford May Sales Plunge -13.6%, But UBS Says 2026 Remains On Track (ZeroHedge)
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Ford May Sales Plunge -13.6%, But UBS Says 2026 Remains On Track
Ford reported U.S. sales of 190,828 units in May, down 13.6% year over year, bringing year-to-date sales to 826,810 units, down 11%. The declines were broad-based, reflecting ongoing weakness in EV demand and continued portfolio shifts away from certain lower-margin vehicles. EV sales fell nearly 44% during the month, while hybrid sales declined 16%.
Among key nameplates, Mustang Mach-E and F-150 Lightning both posted declines of roughly 45%, while Escape sales fell more than 80% as Ford continues to de-emphasize the model. Offsetting some of the weakness, Bronco, Explorer, Maverick, Transit and Heavy Trucks all delivered year-over-year growth.
The sales results generally appeared consistent with management commentary at the UBS Autos and Auto Tech Conference, where Ford indicated that industry demand trends in May unfolded largely as expected. Executives specifically noted that some of the volume declines associated with product...
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02.06.26 - 15:06
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American Banker Names Regions Bank′s Bryan Ford Among Most Innovative People in Finance (Business Wire)
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Regions Treasury Management is accelerating innovation across key areas of payments.BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Tuesday announced Bryan Ford, head of Regions Treasury Management, has been named one of American Banker's Most Innovative People in Finance.
Why Bryan Ford was Recognized by American Banker for Financial Innovation
Ford earned this national recognition for advancing Regions' digital treasury solutions, real-time payments, and embedded finance capabilities that help clients better manage cash flow, reduce complexity, and operate more efficiently. Treasury Management solutions are developed in-house at Regions and in conjunction with third-party providers.
American Banker's inaugural list highlights executives who:
Deliver measurable business impact
Lead digital transformation in banking
Improve client and customer experiences
Shape the future of financial services
How Regions Treasury Management is Driving Innovation
Regions Treasury Management is accelerating innovatio...
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