Micron Announces 500bn Yen UEV Investment
Micron Technology, with the backing of the Japanese government, has announced plans to invest a staggering 500 billion yen ($3.70…
Oil Prices Fall on US and China Demand Concerns
Oil prices fell on Monday as concerns about fuel demand in the United States and China outweighed the impact of…
Microsoft Agrees to Buy Nuclear Fusion Energy Within Five Years
Microsoft has entered into a groundbreaking deal with nuclear fusion company Helion Energy. The private US company will supply Microsoft…
Twitter to Begin Removing Inactive Accounts
Elon Musk has announced that Twitter will begin removing accounts that have been inactive for several years. Musk explained that…
Potential Subway Deal Boosted by Financing Offer
The banks overseeing the sale of Subway have provided the private equity firms vying for the sandwich chain with a…
Fox Corp Settles Dominion Defamation Lawsuit
Fox Corp has settled the defamation lawsuit brought by Dominion Voting Systems for $787.5 million, avoiding a trial that would have put…
Aurubis No Longer Buying Copper From Russia
After letting supply contracts lapse, Aurubis AG, Europe’s largest copper smelter and manufacturer, no longer buys from Russia, its CEO…
Dollar Rebounds From One-Year Low
The dollar rebounded from a one-year low as resiliency in core US retail sales, an increase in short-term inflation expectations, and…
Oil Prices Fall on Concerns Over Recession
Oil prices have fallen following two days of gains, as investors remained concerned about a potential US recession and weakening…
Swiss Parliament Refuses to Approve Credit Suisse Rescue Package
Switzerland’s parliament has refused to approve the 109 billion Swiss francs ($120.5 billion) of financial guarantees used to rescue Credit…