A publicly traded tech firm, ALT5 Sigma, plans to sell $1.5 billion of shares to fund the purchase of a cryptocurrency created by World Liberty […]
Category: Business
Business News
America’s Clean Hydrogen Dreams Are Fading, Again
The market for the clean-burning fuel remains nascent, costs are rising, and Congress just put a lucrative tax credit out of reach for many companies. […]
Jellyfish Shut Down French Nuclear Power Plant
Four of the plant’s reactors shut down after swarms of jellyfish clogged its pumping stations. It isn’t the first time the creatures have thwarted nuclear […]
Netflix Signs New, Looser Deal With Prince Harry and Meghan Markle
The streaming giant signed a new deal with the production company for the Duke and Duchess of Sussex that is much less extensive than an […]
As Trump Curbs Wind Farms, Orsted Plans $9.4 Billion Share Offering
Shares of the Danish renewable energy developer tumbled after it would issue more stock to raise funds instead of divesting a stake in a wind […]
Ford Rejigs E.V. Plans After Suffering Billions in Losses
Ford, which once had a lead on other established automakers, said on Monday that it will use new materials and methods to lower the costs […]
Higher Tariffs Loom as U.S.-China Trade Truce Nears Expiration
President Trump has yet to formally sign off on an agreement to extend an economic cease-fire with China, which expires on Tuesday. Source link
Paramount Strikes Seven-Year Deal to Stream UFC Fights
The seven-year $7.7 billion deal is an early win for the company’s new chairman, David Ellison, who took over last week. CBS will also show […]
What the Nvidia Chip Payoff Deal Says About Trump’s Trade War
A deal for Nvidia and AMD to give the Trump administration a cut of chip sales to China raises questions about national security and trade […]
China’s Automakers Are Taking a Shortcut to European Markets
Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of attacks by […]