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Ford inks 5-year energy storage deal with EDF, shares up Source link
In early February, the next V3 booster successfully passed pressure testing. After it was moved to the launch pad, SpaceX planned to ignite 10 engines up to full power. But just after ignition, due to an automatic abort from the ground systems, a hard shutdown was commanded. This ended up damaging half of the Raptors. Then, in mid-April, the company moved this booster with a full complement of 33 engines to the launch pad for another static fire test. This time, a ground-side sensor reported an issue with pressure in the manifolds, which distribute propellant to the vehicle. This may…
“Today’s policymaking is constrained by a more volatile external environment with more frequent and overlapping shocks, a rising public interest bill, in part reflecting market concerns with countries’ elevated debt, and the long-standing challenge of weak productivity growth,” he said. Source link
Check out the companies making the biggest moves premarket: Regeneron Pharmaceuticals — The drugmaker fell more than 11% after its treatment for a skin cancer missed goals in a late-stage trial. Macy’s — The department store shares jumped nearly 4% in premarket after a regulatory filing revealed Berkshire Hathaway initiated a small position in the company, valued at roughly $55 million at the end of the first quarter. The stake is very small for the conglomerate, so many speculated it was bought by investment lieutenant Ted Weschler, who manages 6% of the equity portfolio. Dominion Energy — Shares popped more…
Evergrande liquidators seek $8.4 billion from PwC, accusing it of negligent audits Source link
U.S. President Donald Trump speaks to the press aboard Air Force One enroute to the U.S. following his official visit with President Xi Jinping in China, May 15, 2026.Evan Vucci | ReutersU.S. President Donald Trump has said he should have asked for a bigger stake in chipmaker Intel, nine months on from a landmark deal that saw the U.S. government take a 9.9% holding in the company. Describing his interaction with Intel CEO Lip-Bu Tan, Trump told Fortune in an interview published Monday that he asked for “10% ownership for free” of the company, Tan replied “you have a deal,”…
The prime minister has faced calls from his own MPs to step down and outline a timetable for his departure. Source link
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway’s revamp of its portfolio sent certain stocks higher in early trading Monday, while others slipped as investors parsed the company’s latest bets and exits disclosed in the conglomerate’s quarterly filings.The Omaha-based conglomerate published its quarterly U.S. stock portfolio on Friday, under new CEO Greg Abel, who took the helm at the start of the year from legendary investor Warren Buffett. The latest filing showed that Berkshire purchased 39.8 million shares in Delta Airlines, valued…
Tesla’s Musk expects widespread use in US of cars without human monitors this year Source link
A marathon day of negotiations that finished early Monday failed to end a strike that shut down the Long Island Rail Road, North America’s largest commuter rail system, setting the stage for a rough start to the work week for about 250,000 commuters.Unions representing rail workers and the Metropolitan Transportation Agency, which runs the railroad, negotiated through much of Sunday and early Monday after some prodding from the National Mediation Board and New York Gov. Kathy Hochul.The two sides came up short, but the talks went well enough that negotiators agreed to return to their work early Monday morning, according…
