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Energy Supplier Equinor Becomes Orsted's 2nd Largest Shareholder With 9.8% Stake Worth $2.5 Billion
Equinor invested $2.5 billion for a 9.8% stake in Danish offshore wind developer Orsted to expand its renewable energy portfolio despite sector challenges.
Taylor Swift Tops Rihanna in Musician Wealth Rankings With $1.6 Billion Net Worth
Taylor Swift has become the world's richest female musician, surpassing Rihanna with an estimated net worth of $1.6 billion, primarily from her music and tours.
EU Tariffs on Chinese EVs Threaten Trade Relations and Prices
The EU has imposed new tariffs of up to 45% on Chinese electric vehicles to protect its car industry from perceived unfair subsidies.
US Ports Reopen After Major Dockworker Strike; But Cargo Backlog Remains
US East and Gulf Coast ports have reopened after dockworkers secured a 62% wage increase, but clearing a backlog of ships will take two to three weeks.
Latest News
Amazon plans to hire 250,000 seasonal workers for the holiday rush as e-commerce sales are expected to soar.
The U.S. added two Chinese firms, a steel manufacturer and an artificial sweetener maker, to its Uyghur forced labor blacklist, bringing the total to 75 companies.
The FTC has warned major US seafood restaurants about misleading claims that imported seafood is locally caught, following complaints from the local fishing industry.
African swine fever is severely impacting Italy's $22 billion pork industry, causing mass pig slaughter, export bans, and financial losses.
Mining giant Fortescue rejects the "fantasy" of net zero by 2050, instead aiming for "real zero" by 2040, urging immediate action to reduce carbon emissions and stop burning fossil fuels.
Arvind Telharkar started mentoring those attempting to enter the tech sector on social media over three years ago. His insights are invaluable for those seeking a career in FAANG, and they all started with the free prep material he posted online.
Boeing faces another safety concerns as the NTSB warns that over 40 foreign operators may be using 737 aircraft with potentially faulty rudder components, raising fears of loss of control.
Mastercard plans to simplify subscription management by acquiring Minna Technologies, aiming to enhance consumer experience.
A chemical plant fire in Georgia has forced over 90,000 residents and businesses to shelter in place, with the EPA detecting chlorine in the air.
Nestlé UK saw a 98% rise in pre-tax profit and 7.4% increase in sales in 2023, despite ongoing inflation and supply chain pressures.