Browsing: Financial
Why Trump is paying a French energy giant almost $1 billion to abandon U.S. offshore wind projects in favor of natural gas | Fortune
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Big Oil giant TotalEnergies will eliminate nearly $1 billion in offshore wind projects planned along the U.S. East Coast under…
Markets wait for Trump and Iran to follow through on Hormuz threats that carry potentially catastrophic results | Fortune
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Wall Street is bracing for a Monday deadline that President Donald Trump set for Iran to reopen the Strait of…
Trump gives Iran 48 hours on Hormuz, threatens power plants | Fortune
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President Donald Trump threatened to attack Iran’s power plants if the country didn’t swiftly reopen the Strait of Hormuz to…
Musk misled Twitter investors before 2022 buyout, jury says | Fortune
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Elon Musk defrauded Twitter Inc. investors when he disparaged the company in 2022 in an effort to buy the social…
Supermicro’s co-founder was just accused of smuggling $2.5 billion in GPUs to China | Fortune
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Federal agents on Thursday arrested Yih-Shyan “Wally” Liaw, a prominent Silicon Valley executive deep in the AI ecosystem who co-founded…
Argentines once drank 90 liters of wine a year. Now they’re down to 15 — and 1,100 vineyards have already closed | Fortune
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Argentina’s once thriving wine industry is facing its worst crisis in more than 15 years, with record-low domestic consumption, dwindling…
McDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy | Fortune
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McDonald’s is rolling out its cheapest value menu in years, a move that could speak more to the state of…
U.S. debt is competing with a record supply of corporate bonds, which is pushing up the cost of federal borrowing just as war spending piles up | Fortune
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The AI capital expenditure boom has created a gusher of corporate debt, forcing the Treasury Department to make its bonds…
Despite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’ | Fortune
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Just two months ago, NATO was in the middle of an existential crisis over President Donald Trump’s insistence that the…
‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet | Fortune
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The S&P 500 is only down 3% so far this year and 5% off its all-time high, still far from…