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 […]
Category: Business
Business News
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 […]
AOL Will Shut Its Dial-Up Internet Service (Yes, It’s Still Operating)
The company said the service, synonymous with the early days of the internet, will be discontinued on Sept. 30. Source link
U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China
In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. […]
‘Weapons’ Gives Warner Bros. Another Outstanding No. 1 Opening
In second place with about $44.5 million in global ticket sales, Disney’s “Freakier Friday” marked a box office comeback for Lindsay Lohan. Source link
Can AriZona’s 99-Cent Iced Tea Survive Trump’s Tariffs?
The price has been AriZona’s calling card for nearly three decades. A 50 percent tariff on imported aluminum may change that. Source link