Tesla big battery races to keep South Australia lights on Tesla big battery races to keep South Australia lights on: One year after the state of South Australia suffered a major blackout, construction has started on building the world’s biggest battery to help keep the lights on in Australia’s most […]
Current Business Updates USA
Roku connects with investors in debut shares soar over 67 percent Roku connects with investors in debut shares soar over 67 percent: Shares of video streaming firm Roku Inc (ROKU.O) rose more than 67 percent in their market debut on Thursday, giving the U.S. IPO market a much-needed shot in […]
Britain warns Boeing it might miss out on business over Bombardier row Britain warns Boeing it might miss out on business over Bombardier row: Britain told U.S. planemaker Boeing on Wednesday that it could lose out on future British defense contracts because of its dispute with Canadian rival Bombardier which […]
Facebook, Google, Twitter asked to testify on Russian meddling Facebook, Google, Twitter asked to testify on Russian meddling: Executives from Facebook, Alphabet Inc’s Google and Twitter have been asked to testify to the U.S. Congress in coming weeks as lawmakers probe Russia’s alleged interference in the 2016 U.S. election, committee […]
Asian shares wilt yen firms as Korean tensions rise Asian shares wilt yen firms as Korean tensions rise: Asian shares withered on Tuesday and the yen firmed against the backdrop of rising tensions on the Korean Peninsula, and as investors awaited fresh signals about the U.S. monetary policy outlook. MSCI’s […]
Wall St. declines on tech selloff, North Korea concern Wall St. declines on tech selloff, North Korea concern: Wall Street dipped on Monday, as a selloff in technology shares weighed heavily on the Nasdaq, while the most recent statement from North Korea’s to Washington added to a cautious tone. North […]
Tech stocks sell-off deepens fears of shift away from sector Tech stocks sell-off deepens fears of shift away from sector: Technology stocks including Facebook (FB.O), Microsoft (MSFT.O) and Alphabet (GOOGL.O) dropped sharply on Monday, increasing worries that the top-performing sector is falling out of favor as investors look elsewhere for […]
Walt Disney threatens to pull ESPN ABC from Optimum Walt Disney threatens to pull ESPN ABC from Optimum: Walt Disney Co (DIS.N) has threatened to pull its programming from the fourth largest U.S. cable distributor, Altice USA, if the two parties cannot reach a deal before the end of the month, […]
SEC chairman belatedly learned of 2016 agency hack testimony SEC chairman belatedly learned of 2016 agency hack testimony: The chairman of the U.S. Securities and Exchange Commission belatedly found out in August, about three months after being confirmed, that hackers breached the regulator’s database of corporate announcements in 2016, according […]
U.S. agency claims huge hole in Westinghouse pension plan U.S. agency claims huge hole in Westinghouse pension plan: Employees of U.S. nuclear power firm Westinghouse Electric Co LLC, which is bankrupt and reeling from a failed reactor project, got a nasty surprise recently: in the eyes of the U.S. government’s […]
