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Business

Scunthorpe’s EAF Switch: A “Carbon-Heavy” Past vs. A “Precarious” Future

The government's plan for British Steel forces a choice between a "carbon-heavy" past and a precarious new future. Business Secretary Peter Kyle has backed...
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Business

Political Storms Rage as Atlanta Fed President Bostic Retires

As political storms rage over the Federal Reserve’s independence, Atlanta Fed President Raphael W. Bostic has announced his retirement. Bostic will step down in...
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Business

Market Jitters After SoftBank’s Nvidia Exit: Is the AI Sector Overheated?

The technology market experienced immediate turbulence following SoftBank’s blockbuster announcement: the sale of its $5.8 billion position in Nvidia. This strategic divestment, intended to...
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Business

Commerce Dept. Weighs 700 New Tariffs After US Industry Pleas

The US Department of Commerce is weighing whether to impose new tariffs on approximately 700 product lines, following a second wave of requests from...
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Business

Apple’s ‘Glenwood’ Project Taps Google as ‘Interim’ AI Supplier

Apple's internal "Glenwood" project, tasked with fixing Siri, has led to a $1 billion-a-year deal with its biggest rival: Google. Google's 1.2 trillion parameter...
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Business

Tesla’s $1T Musk Payout Faces “No” Vote from World’s Largest Wealth Fund

The world's largest wealth fund is voting "no" on Elon Musk's $1 trillion pay package. Norway's sovereign wealth fund, a $17 billion Tesla investor,...
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Business

US Allies Squeeze Moscow’s War Chest by Targeting China Sales

The US and its allies are successfully squeezing Moscow's war chest by targeting its oil sales in China. New sanctions have triggered a "buyers'...
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Business

Unprecedented: Nvidia’s $1T Growth in Three Months

In an unprecedented show of market force, Nvidia has added $1 trillion to its valuation in just three months. This explosive growth culminated on...
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Goldman Sachs to cut about 3,200 jobs after cost review

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Scunthorpe’s EAF Switch: A “Carbon-Heavy” Past vs. A “Precarious” Future

The government's plan for British Steel forces a choice...
Business

Political Storms Rage as Atlanta Fed President Bostic Retires

As political storms rage over the Federal Reserve’s independence,...

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