US Business
Algonquin Power to Sell Renewable Energy Business for $2.5 Billion
Algonquin Power & Utilities has agreed to sell its renewable energy business for $2.5 billion as it transforms into a pure-play regulated utility.
Month: August 2024
US Business
Merck Buying Drug Targeting B-Cell Diseases for Up to $1.3 Billion
Merck has struck a deal worth up to $1.3 billion to buy an investigational drug targeting B-cell associated diseases.
US Business
Indian EV Maker Ola Electric Jumps in Trading Debut
Shares of Ola Electric Mobility jumped in their trading debut, reflecting strong investor interest in India’s nascent electric-vehicle market.
US Business
Luxury Brands Increase Prices in Japan Amid Sales Surge, Yen Weakness
Some luxury brands are pushing through price increases in Japan, as tourists snapping up high-end goods turn the country into a bright spot for an otherwise downbeat industry.
US Business
NASA Says Starliner Astronauts Could Return With SpaceX—Next Year
Officials confirmed at a briefing that NASA is considering using SpaceX for the return trip. Boeing says its craft is safe for crew.
US Business
Elon Musk’s Plan for Monster Rocket Rattles Florida’s Space Coast
SpaceX wants to launch the world’s largest and most powerful rocket dozens of times annually in an area that has gotten crowded with people and cruise ships since the Apollo era.
US Business
Shopify Tops Views in Quarter and Sees Growth Accelerating
Shopify projected better-than-expected sales growth for the current quarter after attracting more merchants and withstanding a shaky consumer spending environment.
US Business
DBS Names CEO Successor
The Singapore banking heavyweight also raised guidance and reported a quarterly profit beat.
US Business
CVS’s Medicare Woes Continue to Fuel More Cuts to Its Outlook
The healthcare company reported higher revenue but much of the sales increase was offset by higher medical costs.
Government
City of Joplin Launches Survey to Gain Feedback on Current Website
The Marketing and Communications Department of the City of Joplin encourages everyone to take a recently launched survey as work begins on redesigning the City’s website. The City recently added the Marketing and Communications Department […]