Technology

US Frees Nearly 4.7 Million in Assets Amid Ongoing Investigations. The United States government has recently made headlines by releasing almost 4.7 million in assets that were previously frozen. This decision comes as part of ongoing investigations into various financial activities and transactions. The implications of this move are significant, affecting numerous stakeholders and raising…

Commonwealth LNG Sees Rising Interest in Securing Financing Commonwealth LNG, a key player in the liquefied natural gas (LNG) sector, is experiencing a surge in interest from potential investors looking to secure financing for its ambitious project. This uptick in interest comes at a time when the global demand for LNG is on the rise,…

Baidu Targets $2 Billion in Exchangeable Bonds (Bloomberg) — In a significant financial maneuver, Chinese technology giant Baidu Inc. has announced its intention to raise $2 billion through a sale of bonds that are exchangeable into the Hong Kong shares of Trip.com Group Ltd.. This offering marks one of the largest dollar amounts ever raised…

Wall Street Faces Job Market Turmoil In my Friday newsletters, I’ll now offer you an overview of the day’s market-moving news, a quick glimpse into some top events to watch out for next week, and a list of some stories you may have missed amid all the market ructions. Trump Suspends Tariffs, Confusion Reigns President…

Canadian Industry Capacity Use Reaches 79.8% in Q4 2024 OTTAWA, March 7 (Reuters) – In a significant development for the Canadian economy, industries across the nation operated at 79.8% of their capacity during the fourth quarter of 2024. This figure reflects an increase from the previously revised 79.4% recorded in the third quarter, as reported…

Credit: Image by Yahoo via YAHOO NEWS US Energy Secretary Aims for $20 Billion to Refill Oil Reserve (Reuters) – In a significant move to address the depletion of the nation’s oil reserves, US Energy Secretary Chris Wright is set to request up to $20 billion. This initiative aligns with President Donald Trump’s objective to…

Credit: Image by Yahoo via YAHOO NEWS Tesla Stock Plummets 34% in 2025: A Wall Street Bull’s Perspective Tesla’s stock has experienced a significant decline of nearly 35% this year, prompting a strong defense from Dan Ives, a prominent analyst at Wedbush and one of the most optimistic voices on Wall Street regarding the electric…

ServiceNow Moves Headquarters to West Palm Beach In a groundbreaking announcement, ServiceNow, a leading tech firm, has revealed plans to relocate its headquarters to West Palm Beach, Florida. This strategic move is expected to reshape the tech landscape in the region and attract a wealth of talent and investment. Why West Palm Beach? ServiceNow’s decision…

Credit: Image by Yahoo via YAHOO NEWS Corporate America Responds to Trump’s Tariffs (Reuters) – Corporate America is scrambling to implement countermeasures as President Donald Trump’s latest tariffs on Chinese imports went into effect earlier this week, while some levies on Canada and Mexico have been suspended. Potential price hikes, changes in sourcing locations, and…

Credit: Image by Yahoo via YAHOO NEWS Revolutionary AI Weather Model Set to Transform Energy Trading Landscape (Bloomberg) — At midnight every day in Bologna, Italy, rows of supercomputers inside a former tobacco factory start churning through millions of measurements to predict how the Earth’s weather will change. Six hours later, energy traders all over…