Slate Money - The Hyundai ICE Raid
This week: ICE raided a Hyundai plant in Georgia. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss the somewhat hamfisted raid that detained hundreds of South Korean workers–disrupting both Hyundai’s operations and the local economy–and the potential fallout if foreign companies see this as a reason to avoid investing in the US. Then, Oracle’s stock surged this week thanks to its AI deals, bringing it close to a trillion dollar valuation and briefly making Larry Ellison the richest man in the world. They dive into Oracle actually does and whether it’s really worth the rarified…
The skinny
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