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Tag: Corporate news

How the Fed fights zombie firms

How the Fed fights zombie firms

October 31, 2023October 31, 2023 · Banking

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Some firms sustain their businesses by taking on more debt that they can repay. Economists…

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Alibaba CEO warns of being ‘displaced’ if the Chinese tech giant doesn’t keep up in AI

Alibaba CEO warns of being ‘displaced’ if the Chinese tech giant doesn’t keep up in AI

September 12, 2023September 12, 2023 · Business

Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images…

Read more Alibaba CEO warns of being ‘displaced’ if the Chinese tech giant doesn’t keep up in AI
Holmes’ former partner faces sentencing in Theranos case

Holmes’ former partner faces sentencing in Theranos case

December 7, 2022December 7, 2022 · Technology

A former Theranos executive learns Wednesday whether he will be punished as severely as his former lover and business partner for peddling the company’s bogus blood-testing technology that…

Read more Holmes’ former partner faces sentencing in Theranos case
Mississippi grain company’s ex-CEO indicted on fraud charges

Mississippi grain company’s ex-CEO indicted on fraud charges

December 6, 2022December 6, 2022 · Finance

GREENVILLE, Miss. — The former leader of a Mississippi grain storage and processing company has been indicted on federal and state charges, more than a year after the…

Read more Mississippi grain company’s ex-CEO indicted on fraud charges
BuzzFeed cuts 12% of staff citing worsening econ conditions

BuzzFeed cuts 12% of staff citing worsening econ conditions

December 6, 2022December 6, 2022 · Technology

NEW YORK — Digital media company BuzzFeed is cutting 12% of its workforce, citing worsening economic conditions. The New York company, which made the announcement in a regulatory…

Read more BuzzFeed cuts 12% of staff citing worsening econ conditions
Mississippi grain company’s ex-CEO indicted on fraud charges

Closing prices for crude oil, gold and other commodities

December 5, 2022December 5, 2022 · Finance

Benchmark U.S. crude oil for January delivery fell $3.05 to $76.93 a barrel Monday. Brent crude for February delivery fell $2.89 to $82.68 a barrel. Wholesale gasoline for…

Read more Closing prices for crude oil, gold and other commodities
‘Wakanda Forever’ is No. 1 for 4th straight weekend

‘Wakanda Forever’ is No. 1 for 4th straight weekend

December 4, 2022December 4, 2022 · Entertainment

NEW YORK — “Black Panther: Wakanda Forever” kept the box-office crown for the fourth straight weekend, and the comic holiday thriller “Violent Night” debuted with $13.3 million, according…

Read more ‘Wakanda Forever’ is No. 1 for 4th straight weekend
Mississippi grain company’s ex-CEO indicted on fraud charges

Los Angeles City Council votes to ban oil and gas drilling

December 3, 2022December 3, 2022 · Breaking News

__ The Los Angeles City Council voted unanimously on Friday to ban drilling of new oil and gas wells and phase out existing ones over the next 20…

Read more Los Angeles City Council votes to ban oil and gas drilling
Mississippi grain company’s ex-CEO indicted on fraud charges

Iranian state media: Construction begins on nuclear plant

December 3, 2022December 3, 2022 · World News

CAIRO — Iran on Saturday began construction on a new nuclear power plant in the country’s southwest, Iranian state TV announced, amid tensions with the U.S. over sweeping…

Read more Iranian state media: Construction begins on nuclear plant
Nevada toad in geothermal power fight gets endangered status

Nevada toad in geothermal power fight gets endangered status

December 3, 2022December 3, 2022 · Finance

RENO, Nev. — A tiny Nevada toad at the center of a legal battle over a geothermal power project has officially been declared an endangered species, after U.S.…

Read more Nevada toad in geothermal power fight gets endangered status
Nevada toad in geothermal power fight gets endangered status

Nevada toad in geothermal power fight gets endangered status

December 2, 2022December 3, 2022 · Technology

RENO, Nev. — A tiny Nevada toad at the center of a legal battle over a geothermal power project has officially been declared an endangered species, after U.S.…

Read more Nevada toad in geothermal power fight gets endangered status
Nevada toad in geothermal power fight gets endangered status

Endangered listing for Nevada toad in geothermal power fight

December 2, 2022December 4, 2022 · Finance

RENO, Nev. — A tiny Nevada toad at the center of a legal battle over a geothermal power project has officially been declared an endangered species after U.S.…

Read more Endangered listing for Nevada toad in geothermal power fight
GM venture to invest additional 5M at Tennessee plant

GM venture to invest additional $275M at Tennessee plant

December 2, 2022December 5, 2022 · Finance

NASHVILLE, Tenn. — A joint venture between General Motors and South Korean battery company LG Energy Solution announced Friday that it will invest an additional $275 million to…

Read more GM venture to invest additional $275M at Tennessee plant
GM venture to invest additional 5M at Tennessee plant

GM venture to invest additional $275M at Tennessee plant

December 2, 2022December 3, 2022 · US News

NASHVILLE, Tenn. — A joint venture between General Motors and South Korean battery company LG Energy Solution announced Friday that it will invest an additional $275 million to…

Read more GM venture to invest additional $275M at Tennessee plant
Mississippi grain company’s ex-CEO indicted on fraud charges

Coal-fired power plant in NJ to be imploded for clean power

December 1, 2022December 2, 2022 · Breaking News

SWEDESBORO, N.J. — A former coal-fired power plant in New Jersey will be imploded Friday, and its owners are expected to announce plans for a new clean energy…

Read more Coal-fired power plant in NJ to be imploded for clean power
Mississippi grain company’s ex-CEO indicted on fraud charges

Today in History: December 2, Senate condemns McCarthy

December 1, 2022December 1, 2022 · Breaking News

Today in History Today is Friday, Dec. 2, the 336th day of 2022. There are 29 days left in the year. Today’s Highlight in History: On Dec. 2,…

Read more Today in History: December 2, Senate condemns McCarthy
Mississippi grain company’s ex-CEO indicted on fraud charges

EPA proposes restrictions to block proposed Alaska mine

December 1, 2022December 1, 2022 · US News

ANCHORAGE, Alaska — The U.S. Environmental Protection Agency on Thursday proposed restrictions that would block plans for a copper and gold mine in Alaska’s Bristol Bay region that…

Read more EPA proposes restrictions to block proposed Alaska mine
Musk’s company aims to soon test brain implant in people

Musk’s company aims to soon test brain implant in people

December 1, 2022December 2, 2022 · Technology

Tech billionaire Elon Musk said his Neuralink company is seeking permission to test its brain implant in people soon. In a “show and tell” presentation livestreamed Wednesday night,…

Read more Musk’s company aims to soon test brain implant in people
Mississippi grain company’s ex-CEO indicted on fraud charges

Lordstown Motors shipping out first batch of electric trucks

November 30, 2022November 30, 2022 · US News

LORDSTOWN, Ohio — Commercial electric vehicle startup Lordstown Motors has received approval to ship the first batch of its first model, the Endurance pickup. The company announced Tuesday…

Read more Lordstown Motors shipping out first batch of electric trucks
Lawsuits claim negligence in Massachusetts Apple store crash

Lawsuits claim negligence in Massachusetts Apple store crash

November 29, 2022November 30, 2022 · Breaking News

BOSTON — The family of a man who was badly hurt when an SUV crashed into an Apple store in Massachusetts, killing one person and injuring 20, sued…

Read more Lawsuits claim negligence in Massachusetts Apple store crash
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