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According to filings with the U.S. Securities and Exchange Commission, electric vehicle company Rivian (RIVN.O) secured a $1 billion, 10-year term loan from the Volkswagen Group on October 7, 2026.

Shares of U.S. semiconductor company Wolfspeed (WOLF.N) rose 27% in after-hours trading after the company announced it had secured a $1.5 billion loan commitment.

According to CNN: Vance’s anti-fraud task force, the U.S. Department of Labor, and the Department of Justice will hold a press conference on Thursday to announce new findings on abuses of work visa programs, including H-1B and J-1 visas.

The Dow Jones Industrial Average closed down 341.41 points, or 0.66%, at 51,179.87 on Wednesday, October 7; the S&P 500 closed down 17.20 points, or 0.22%, at 7,801.73 on Wednesday, October 7; and the Nasdaq Composite closed down 61.20 points, or 0.22%, at 27,538.69 on Wednesday, October 7.

Duke Energy has reached a settlement agreement to strengthen regulatory protections and shield its North Carolina customers from data center-related costs.

The UK Maritime Trade Operations Office has received reports of an incident 51 nautical miles north of Al-Shahmar, Madinat, Qatar. An oil tanker has reported being hit by multiple shells; casualties have been reported.