T-Mobile secures a $2.67 billion contract with the U.S. Navy for advanced communication technologies, supported by its partnership with SpaceX for improved service delivery.
Funding
Biden's Climate Agenda Boosts Solar Company to Billions in Profits
First Solar, a major donor to Biden's campaign, became the largest U.S. solar panel maker that benefited greatly from Biden's Inflation Reduction Act, with an estimated $10 billion in profits.
Volkswagen Reveals $5 Billion Investment, Partnership with EV Maker Rivian
German automaker Volkswagen announced that it would invest $5 billion in US-based electric vehicle maker Rivian as part of a joint venture to share EV architecture and software.
Novo Nordisk Announces $4.1 Billion Investment in North Carolina for Wegovy and Ozempic Production Boost
Novo Nordisk announced a $4.1 billion investment to build a new manufacturing plant in Clayton, North Carolina, to increase production capacity for its popular drugs Wegovy, Ozempic, and other injectable therapies.
Thai Central Bank Renews Opposition to Government's Plan to $14 Billion Cash
Bank of Thailand Governor Sethaput Suthiwartnarueput doubled down its opposition against the Thai government of PM Srettha Thavisin and its plan to give almost $14 billion in cash to almost all of its adult citizens.
Latest News
Amazon and Vrio plan to deploy 3,236 low Earth orbit satellites to provide broadband internet to South American countries, directly competing with Elon Musk's Starlink.
Supporters of Biden and Trump hold rival fundraising events in London; Trump raises $2M with Nigel Farage, while Biden opts for quieter events with smaller contributions.
Zelenskyy's plea for air defense and funding aid garners support from Scholz. G7 and Switzerland following his arrival in Berlin to call for solidarity amidst war with Russia.
GM approved a $6B stock buyback following a $10B program to boost share value and as they keep up with all-electric vehicle market competition.
OCBC Bank plans to hire 300 highly skilled engineers in China over the next three years to strengthen its corporate banking business, expanding its Shenzhen office where it currently has over 260
NASA has awarded seven companies a $1.5 million contract each to develop plans and strategies for the restored Mars Sample Return mission.
Former Tesla board member and clean technology venture capitalist Steve Westly said that he is siding with current board members plotting a coup against the move to increase Elon Musk’s pay package to $56 billion.
JPMorgan will expand the use of its generative AI tool "Moneyball" later this year to help portfolio managers make better investment decisions and avoid mistakes.
A Saudi Arabian fund has become the sole foreign investor in China's generative artificial intelligence sector, supporting the country's efforts to rival industry leader OpenAI.
