BUSINESS

Strait of Hormuz Tanker Traffic Erodes Further as Oil Prices Rise

Very few ships passed through the waterway on the first full day of the U.S. naval blockade of Iran.Very few ships passed through the waterway on the first full day of the U.S. naval blockade of Iran. US and Israeli Attack on Iran (2026), Oil (Petroleum) and Gasoline, Ships and Shipping, Strait of Hormuz Read More

Strait of Hormuz Tanker Traffic Erodes Further as Oil Prices Rise Read More »

Google Ordered to Give A.I. Rivals More Access on Android Smartphones

The decision by European Union regulators is a response to fears that Google will use its vast Android user base to gain an edge in A.I.The decision by European Union regulators is a response to fears that Google will use its vast Android user base to gain an edge in A.I. Artificial Intelligence, Regulation and Deregulation

Google Ordered to Give A.I. Rivals More Access on Android Smartphones Read More »

U.K. Nationalizes British Steel, Its Last Major Steel Mill

The government first intervened in British Steel last year to prevent its then-owner, the Chinese company Jingye Group, from shutting it down. No private sector buyers came forward.The government first intervened in British Steel last year to prevent its then-owner, the Chinese company Jingye Group, from shutting it down. No private sector buyers came forward. Steel

U.K. Nationalizes British Steel, Its Last Major Steel Mill Read More »

TSMC Adds $100 Billion to Its U.S. Spending Plan

The pledge from the Taiwanese chip-making giant brought the total commitment to its fast-growing operations in Arizona to $265 billion.The pledge from the Taiwanese chip-making giant brought the total commitment to its fast-growing operations in Arizona to $265 billion. Computer Chips, Foreign Investments, Factories and Manufacturing, Company Reports, Taiwan Semiconductor Manufacturing Company Ltd, Arizona Read More

TSMC Adds $100 Billion to Its U.S. Spending Plan Read More »

Diesel Prices Hit $5 a Gallon Again, Up 33% Since Start of Iran War

U.S. diesel prices first surpassed $5 a gallon in March. Renewed fighting in the Persian Gulf and reduced refinery capacity is once again pushing up prices.U.S. diesel prices first surpassed $5 a gallon in March. Renewed fighting in the Persian Gulf and reduced refinery capacity is once again pushing up prices. Diesel Power, American Automobile Assn,

Diesel Prices Hit $5 a Gallon Again, Up 33% Since Start of Iran War Read More »

Trump Administration to Impose New Tariffs on Brazil

The United States accused the country of unfair trade practices. The tariff will replace ones that the Supreme Court struck down.The United States accused the country of unfair trade practices. The tariff will replace ones that the Supreme Court struck down. United States Politics and Government, International Trade and World Market, United States International Relations, Customs

Trump Administration to Impose New Tariffs on Brazil Read More »

New York Times Files Motion to Quash Subpoenas of Its Journalists

The Justice Department is seeking to compel grand jury testimony as part of an investigation into Times reporting on the president’s new Air Force One jet.The Justice Department is seeking to compel grand jury testimony as part of an investigation into Times reporting on the president’s new Air Force One jet. United States Politics and Government,

New York Times Files Motion to Quash Subpoenas of Its Journalists Read More »

NextEra and Dominion File to Form a Huge Power Company

They asked regulators in three states and at a federal agency to approve a deal that would create a combined company with 10 million customers across the Southeast.They asked regulators in three states and at a federal agency to approve a deal that would create a combined company with 10 million customers across the Southeast. NextEra

NextEra and Dominion File to Form a Huge Power Company Read More »

PayPal Receives $53 Billion Takeover Offer Involving Stripe

PayPal, which owns Venmo, is the target of what one group of analysts described as a “lowball” offer from Stripe, another payment processor, and Advent, a private equity firm.PayPal, which owns Venmo, is the target of what one group of analysts described as a “lowball” offer from Stripe, another payment processor, and Advent, a private

PayPal Receives $53 Billion Takeover Offer Involving Stripe Read More »