Latest in Orsted Shares Plunge on $1.7 Billion Impairment
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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.The Wall Street Journal - 23h -
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 - 20h -
Taylor Swift is spending $1.7 million on remodel of $18 million Rhode Island mansion
The upgrade will add a bedroom to the 7-bedroom house, as well as remodel the kitchen.MarketWatch - 1d -
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 - 1d -
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 - 1d -
Warm weather threatens Epiphany ice water plunges for Russia's Orthodox Christians
Thousands of Russians celebrating the Orthodox Christian feast day of Epiphany, where worshippers bathe in the icy waters of frozen lakes and rivers, have been forced to cancel their traditional ...ABC News - 2d -
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What to expect as temperatures plunge next week
The snow and wind will affect more than the presidential inauguration. Lonnie Quinn has the latest on the timing of next week's "big chill."CBS News - 4d -
Readers Share Their Near-Death Experiences
After the death of Peter Fenwick, a neuropsychiatrist who studied near-death experiences, readers shared stories of their own.The New York Times - 4d -
'One-in-a-billion' round egg discovered in Devon
Alison Greene says even Elon Musk, the richest man in the world, does not have a round egg.BBC News - 4d -
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 -
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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 -
2-year yield plunges by most since September on mild core CPI inflation reading
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index came in softer than expected, handing yields their biggest one-day declines ...MarketWatch - 6d -
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 - Jan. 15 -
Country Garden Lost $24.33 Billion in 2023
The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.The Wall Street Journal - Jan. 14 -
Canada Approves Bunge's $8.2 Billion Deal for Viterra
Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.The Wall Street Journal - Jan. 14 -
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 -
Chronic Pain Afflicts Billions of People. It’s Time for a Revolution.
As many as two billion people suffer from it — including me. Can science finally bring us relief?The New York Times - Jan. 12 -
‘You don’t just go and buy a country’: Greenland plunged into geopolitical storm
Residents of Nuuk do not want to be part of the US but welcome a discussion of their sovereigntyFinancial Times - Jan. 12 -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - Jan. 10 -
Vince McMahon will pay $1.7 million to settle SEC allegations over hush money agreements
Former WWE impresario Vince McMahon agrees to settle allegations by the SEC that he paid millions in hush money to two women without telling his board.Los Angeles Times - Jan. 10 -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
A plunging pound with surging U.K. yields suggest the bond vigilantes are lurking
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are ...MarketWatch - Jan. 9 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Quantum stocks like Rigetti plunge after Nvidia's Huang says the computers are 15 to 30 years away
Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.CNBC - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Arctic blast sends temperatures plunging across much of US
A dangerous winter storm has led to more than 2,000 flight cancelations nationwide, while also leaving thousands without power. Now, a deep freeze is setting in across much the country, with more ...NBC News - Jan. 7 -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - Jan. 6 -
Bulgarians celebrate the feast of Epiphany with a ritual plunge into icy rivers
Thousands of Orthodox Christian worshippers in Bulgaria on Monday braved the freezing winter weather to plunge into icy waters as they observed centuries-old Epiphany traditionsABC News - Jan. 6 -
Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.CNBC - Jan. 3 -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - Jan. 2 -
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Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30
