Clear 39°. Wind Chill: 35°. Wind: E 7 mph.
Loading advertisement…
Trending: Illinois’ safe gun storage law goes into effect Jan. 1
HomeNewsNationalBusiness ( Page 348)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Baker Hughes joins giant California geothermal power project

By Laila Kearney NEW YORK (Reuters) -U.S. oilfield services firm Baker Hughes is collaborating with Controlled Thermal Resources in California to develop one of the world’s largest single geothermal power projects, with plans to market the electricity to data centers, the companies said on Tuesday. Energy-intensive data ...
by

Exclusive-Stablecoin issuer Figure Technologies set to upsize IPO as demand for crypto-related stocks soars, source says

By Echo Wang NEW YORK (Reuters) -Stablecoin issuer Figure Technologies is increasing the size and upping the price of its initial public offering as retail investors bid up crypto-related stocks, a person familiar with direct knowledge of the matter told Reuters. The company is considering a ...
by

Walmart to launch first stores in Africa by year-end

By Siyanda Mthethwa JOHANNESBURG (Reuters) -U.S. retailer Walmart will launch its first branded stores in South Africa this year, it said on Tuesday. The move by Walmart, which already owns South African retail group Massmart, places it in direct competition with established domestic retailers including market ...
by

Anglo Teck agreement binds assets of ‘extraordinary value’, says head of Chile’s Codelco

SANTIAGO (Reuters) -The agreement between Anglo American and Teck brings together assets of “extraordinary value,” the chairman of Chile’s state-run copper producer Codelco, Maximo Pacheco, told Reuters on Tuesday. London-listed miner Anglo American and Canada’s Teck Resources announced their merger earlier on Tuesday, in what ...
by

The Media Line: Gas and Gaza: Energy Pact Tests Israel–Egypt Relations 

Gas and Gaza: Energy Pact Tests Israel–Egypt Relations  A $35 billion Leviathan supply agreement collides with wartime politics as Jerusalem and Cairo test how far energy ties can stretch without breaking  By Jacob Wirtschafter and Mina Nader / The Media Line [Cairo] Israel’s largest-ever natural gas export ...
by

Ford recalling almost 1.5 million vehicles due to rear view camera issue

Ford is recalling almost 1.5 million vehicles in the United States because the rear view camera may show a blank or distorted image on the center display screen while the vehicle is in reverse, which can reduce or distort the driver’s view of what’s ...
Loading advertisement…
by

Cambodia opens new airport in Phnom Penh aiming to boost tourism

KANDAL, Cambodia (AP) — Cambodia on Tuesday opened the capital’s new Techo International Airport as officials welcomed an inaugural flight to great fanfare, with the hope of boosting tourism. Fire trucks crisscrossed streams of water over the Air Cambodia flight from China as it ...
by

Nearly half of Israeli tech startups incorporate abroad, survey finds

By Steven Scheer JERUSALEM (Reuters) -Nearly half of new startups are choosing to incorporate outside of Israel, the Israel Advanced Technology Industries Association (IATI) said on Tuesday, citing easier regulations in the United States. According to a survey by the IATI, an umbrella organization for Israel’s ...
by

Phillips 66 buys remaining stake in major US refineries from Cenovus for $1.4 billion

(Reuters) – U.S. refiner Phillips 66 said on Tuesday it will acquire the remaining 50% stake in WRB Refining from Cenovus Energy for $1.4 billion, giving it full ownership of two major U.S. refineries. WRB includes the Wood River refinery in ...
by

FCC to end EchoStar probe into 5G, spectrum obligations after AT&T, SpaceX deals

(Reuters) -The U.S. Federal Communications Commission will terminate its investigation into EchoStar’s 5G buildout obligations in the country, according to a regulatory filing from the company on Tuesday. The highly expected move follows EchoStar’s $17 billion deal to sell wireless spectrum to billionaire Elon Musk’s ...
by

Yum Brands names insider Ranjith Roy as CFO amid leadership shuffle 

(Reuters) -Yum Brands named executive Ranjith Roy as the KFC parent’s finance chief on Tuesday, replacing Chris Turner who is taking over as CEO. Roy had served as CFO of the e-commerce marketplace Goldbelly and had spent more than 15 years with Goldman Sachs before ...
by

VistaShares launches ETF tracking stock bets of hedge fund activist Bill Ackman

By Suzanne McGee and Svea Herbst-Bayliss (Reuters) -Asset manager VistaShares has selected high-profile investor Bill Ackman as the fund manager to mimic in its newest exchange-traded fund. The VistaShares Target 15 ACKtivist Distribution ETF made its debut on Tuesday amid a boom in such funds either ...
First Previous344345346347348349350351352Next Last