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By The Financial District
Jan 51 min read
AI-Powered Mining Firm KoBold Metals Now Valued At $3 Billion
KoBold Metals, a Silicon Valley–based mining firm supported by billionaires like Bill Gates, Jeff Bezos, Marc Andreessen, and Reid Hoffman..
By The Financial District
Jan 51 min read
Bill Ackman Expects Trump To Privatize Fannie Mae And Freddie Mac
Billionaire investor Bill Ackman anticipates that U.S. President-elect Donald Trump will remove Fannie Mae and Freddie Mac from con...
By The Financial District
Jan 51 min read
Nvidia May Be Entering A "Limitless" Era: Investor
Nvidia’s stock may be facing slight turbulence as the year ends, but the company is poised for another chapter of extraordinary growth in...
By The Financial District
Jan 52 min read
Hong Kong’s Cheng Family Seeks To Sell China Toll Roads For $2 Billion
The infrastructure arm of Hong Kong’s billionaire Cheng family is seeking to sell a bundle of toll roads in mainland China worth about...
By The Financial District
Jan 51 min read
UK Tech Giant CEO Resigns Amid Row Over China Security Fears
The chief executive of one of Britain’s largest semiconductor companies is stepping down amid allegations that the business transferred...
By The Financial District
Jan 51 min read
Big Lots Reaches Deal To Keep Hundreds Of U.S. Stores Open
The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal to keep hundreds of its stores and...
By The Financial District
Jan 51 min read
Bezos' Blue Origin Gets FAA License For First New Glenn Rocket Launch
The Federal Aviation Administration (FAA) announced on Friday that it has issued a commercial space launch license for Blue Origin's New...
By The Financial District
Jan 51 min read
Biden To Block Nippon Steel’s $14 Billion Bid For U.S. Steel
President Joe Biden is expected to block the $14 billion takeover of U.S. Steel by Japan's Nippon Steel, citing national security concerns.
By The Financial District
Jan 31 min read
AT&T, Verizon Targeted By Chinese "Salt Typhoon" Cyberspooks
The Chinese-linked "Salt Typhoon" cyberespionage operation targeted AT&T and Verizon's systems.
By The Financial District
Jan 33 min read
Powering A Sustainable Future: Meralco’s Bold Leap Towards Nuclear Energy
In an era defined by the urgent need for sustainable energy solutions, the Manila Electric Company (Meralco) stands at the forefront of...
By The Financial District
Jan 31 min read
HBO, Cablevision Founder Charles Dolan Dies At 98
Charles F. Dolan, a pioneer in the U.S. cable broadcasting industry and the founder of Home Box Office Inc. (HBO) and Cablevision Systems...
By The Financial District
Jan 21 min read
Maryland Sues Maker Of Gore-Tex Over Forever Chemicals Pollution
Maryland has filed a lawsuit against the company responsible for producing the waterproof material Gore-Tex, commonly used in raincoats...
By The Financial District
Jan 21 min read
TSMC Starts Mass Chip Production In Japan
Taiwan Semiconductor Manufacturing Co. (TSMC) announced on Friday that it has begun mass production at its first factory in Japan, located..
By The Financial District
Jan 21 min read
China Quiz On Beef Imports Causes JBS, Marfrig Shares To Dip
Shares of JBS SA, the world’s largest meat company, and other Brazilian beef producers fell sharply following news that China has launched..
By The Financial District
Jan 21 min read
Arcadium Lithium Shareholders Approve $6.7 Billion Rio Tinto Deal
Arcadium Lithium has announced that its shareholders have approved a $6.7 billion sale to Australian mining giant Rio Tinto.
By The Financial District
Jan 21 min read
Starbucks Loses Appeal Over Baristas' Firing In NLRB Case
A federal appeals court largely rejected Starbucks' challenge to a National Labor Relations Board (NLRB) ruling that the coffee chain...
By The Financial District
Jan 21 min read
Montenegro Approves Extradition Of Crypto Mogul Do Kwon To U.S.
Montenegro's Justice Ministry has approved the extradition of Do Kwon, a South Korean entrepreneur known as "the cryptocurrency king," to...
By The Financial District
Jan 21 min read
Novo Nordisk Shares Plunge After Disappointing Trial Results
Novo Nordisk shares plunged 20% following disappointing trial results for its latest weight-loss drug, CagriSema.
By The Financial District
Jan 21 min read
Cadbury Loses Royal Warrant After 170 Years
Chocolate maker Cadbury has lost its royal warrant for the first time in 170 years.
By The Financial District
Dec 31, 20241 min read
Chinese Workers Found In "Slavery-Like Conditions" At BYD Site In Brazil
Brazilian authorities discovered 163 Chinese nationals working in "slavery-like conditions" at a construction site for a factory owned by...
By The Financial District
Dec 31, 20241 min read
Nordstrom Family, Mexican Group Take Department Store Chain Private
Century-old department store Nordstrom has agreed to a $6.25 billion deal to go private, led by members of the Nordstrom family and a...
By The Financial District
Dec 31, 20241 min read
Exec Charged Over 2022 Oil Spill Into Michigan’s Flint River
Rajinder Singh Minhas, president of Flint-based Lockhart Chemical, has been charged in connection with the 2022 unauthorized discharge of...
By The Financial District
Dec 31, 20241 min read
Cyberattack Disrupts Japan Airlines’ Holiday Flights
Japan Airlines (JAL) announced it was hit by a cyberattack, causing delays to more than 20 domestic flights.
By The Financial District
Dec 31, 20244 min read
AboitizPower: Energizing the Future
As the sun sets on another year, AboitizPower shines brighter than ever, marking 2024 as a transformative chapter in its journey to...
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