Orsted Shares Plunge on $1.7 Billion Impairment
Shares in the renewable-energy company sank to the bottom of the Stoxx Europe 600 index Tuesday after it announced the impairment amid higher costs at its U.S. Sunrise Wind project.
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Bacon heavyweight Smithfield Foods to tip IPO scales at $11 billion with an eye on amassing market share
China-owned bacon maker sets IPO terms at $24 to $27 with 397.47 million shares outstanding.MarketWatch - 14h -
This wind power company just took a $1.7 billion write-down — and that excludes Trump executive order impact
Shares of Orsted fell as much as 18% after announcing a 12.1 billion Danish kroner ($1.7 billion) write-down that the Danish wind power company said didn’t include the impact of an executive order ...MarketWatch - 17h -
European stocks open mixed as Trump 2.0 kicks off; Energy firm Orsted drops 15% on U.S. impairment
European stocks are expected to open slightly higher Tuesday as traders digested the first executive orders signed by newly inaugurated President Donald Trump.CNBC - 18h -
Wendy Williams declares, 'I am not cognitively impaired,' disputing guardian's assertions
Wendy Williams is speaking out about her guardian's assertion that she is 'cognitively impaired.' 'Do I seem that way?' she said on 'The Breakfast Club.'Los Angeles Times - 5d -
Wendy Williams says she's not cognitively impaired and feels trapped in guardianship
Former talk show host Wendy Williams told “The Breakfast Club” radio show Thursday morning that she’s not cognitively impaired as her guardian has alleged, saying through tears that she’s being ...NBC News - 5d -
Pfizer Sells 700 Million Haleon Shares for $3 Billion
The sale decreases Pfizer’s shareholding in the consumer-healthcare business to 7.3% of its issued share capital, down from 15%.The Wall Street Journal - 6d -
Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion
Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.CNBC - Jan. 13 -
Murders Plunge
We have good news to start your 2025.The New York Times - Jan. 1
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Netflix Raises Prices Across Plans, Reports Record Jump in New Subscribers
The lowest-price, ad-supported option for the streaming service will cost $7.99 a month, an increase of $1.The Wall Street Journal - 5h -
Masimo Taps Katie Szyman as Permanent CEO
Szyman currently serves as the worldwide president of Advanced Patient Monitoring at Becton Dickinson and Co.The Wall Street Journal - 5h -
Basic Materials Roundup: Market Talk
Find insight on commodities prices, Press Metal Aluminium, BHP, Antofagasta and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - 5h -
Auto & Transport Roundup: Market Talk
Read about North American auto production, Fraport, DHL Group and more in the latest Market Talks covering the Auto and Transport sector.The Wall Street Journal - 5h -
Financial Services Roundup: Market Talk
Find insight on carbon-credit markets, UniCredit, Standard Chartered and more in the latest Market Talks covering Financial Services.The Wall Street Journal - 5h
More in Business
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2 Families, in Business 50 Years, Fight for Control of Korea Zinc
Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched chaebol system of powerful conglomerates.The New York Times - 21m -
Trump says he's considering a 10% tariff on China beginning as soon as Feb. 1
On Tuesday, President Donald Trump floated a 10% duty on China, with an expected start date of Feb. 1.CNBC - 1h -
Tesla’s ‘Trump bump’ fades as stock falls alongside rest of EV sector
Investors still expect Musk to benefit more broadly from Trump 2.0.MarketWatch - 1h -
United Airlines stock rallies on results, as growing demand wasn’t just about premium seats
Shares of United Airlines rallied in after-hours trading Tuesday, as a record number of travelers lifted fourth-quarter results and the company offered an upbeat forecast for the first quarter.MarketWatch - 2h -
TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025
Chinese owner of video app seeks growth from AI as its social media business comes under pressure in USFinancial Times - 2h