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As Trump Curbs Wind Farms, Orsted Plans $9.4 Billion Share Offering

Raj11 months ago01 mins

Shares of the Danish renewable energy developer tumbled after it said it would issue more stock to raise funds instead of divesting a stake in a wind farm off the U.S. coast. Source link

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  • Business

Trump Crypto Firm Announces $1.5 Billion Digital Coin Deal

Raj11 months ago01 mins

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 Financial, which the Trumps control. Source link

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  • Business

Tariffs on China Set to Rise Sharply Tuesday if No Deal Is Reached

Raj11 months ago01 mins

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

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Jellyfish Shut Down French Nuclear Power Plant

Raj11 months ago01 mins

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 plants. Source link

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What the Nvidia Chip Payoff Deal Says About Trump’s Trade War

Raj11 months ago01 mins

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 policy goals. Source link

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Higher Tariffs Loom as U.S.-China Trade Truce Nears Expiration

Raj11 months ago01 mins

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

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Paramount Strikes Seven-Year Deal to Stream UFC Fights

Raj11 months ago01 mins

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 some marquee fights. Source link

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Small Businesses Brace for the Punishing Side Effects of Trump’s Tariffs

Raj11 months ago01 mins

Large firms with big bank balances, workers already in jobs and households near the top of the income ladder will have an easier time navigating the economic waves. Source link

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  • Business

China’s Automakers Are Taking a Shortcut to European Markets

Raj11 months ago01 mins

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 the Houthi militia. Source link

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AOL Will Shut Its Dial-Up Internet Service (Yes, It’s Still Operating)

Raj11 months ago01 mins

The company said the service, synonymous with the early days of the internet, will be discontinued on Sept. 30. Source link

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