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Ford and Rivian cancel plan to jointly develop an EV

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Bloomberg

Trump Moneyman Patrick Orlando’s Wuhan SPAC Plans to Liquidate

(Bloomberg) — Patrick Orlando, whose status as an operator of blank-check firms skyrocketed last month when he reached a deal to bankroll former President Donald Trump’s media company, is scrapping one of his earlier ventures for hunting such transactions.Most Read from BloombergNew York City Is Building a Wall of Oysters to Fend Off FloodsA Denser City, But at What Cost?The Women Behind Historic House DesignsAn Oil Company Went Up in Flames, Burning Lenders and the PlanetHong Kong’s New Museum

Here’s what history says about stock-market performance during the Thanksgiving week

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