Author: franperez66q@protonmail.com
In an aerial view, the Honda of San Marcos dealership is seen on March 12, 2026 in San Marcos, Texas. Brandon Bell | Getty ImagesShares of Honda Motor rose over 7% on Friday, even after the Japanese automaker posted its first annual operating loss in nearly 70 years. Honda swung to an operating loss of 414.3 billion yen ($2.61 billion) for the fiscal year ending March, compared to an operating profit of 1.2 trillion yen the year prior. Provisions made for its ailing electric vehicle business and related investments, competition from its Chinese rivals, as well as a U.S. tariff impact of 346.9…
Asia stocks drop as chips rally cools; China steadies before more Trump-Xi talks Source link
CNBC’s Jim Cramer cautioned investors against chasing shares of Cerebras Systems after its explosive market debut Thursday. “While there might be a situation in the future where I can recommend Cerebras, I just can’t even come close to justifying the valuation up here given how much it’s already run right out of the gate,” the “Mad Money” host said. “For now, I say keep your bat on your shoulder and hope the stock gives you a giant pullback. Because at these levels, it’s too rich for me.” Cerebras debuted Thursday in the largest IPO of the year. The AI chipmaker…
The Greater Manchester mayor is lining up a third attempt to be Labour leader – but must get back to Westminster first. Source link
Gautam Adani, chairman of Adani Group, during the inauguration ceremony for the Navi Mumbai International Airport in Navi Mumbai, India, on Wednesday, Oct. 8, 2025. Indranil Aditya | Bloomberg | Getty ImagesThe U.S. Securities and Exchange Commission on Thursday sought court approval for a settlement in its civil lawsuit against Indian billionaire Gautam Adani and his nephew, Sagar Adani, over allegations they misled investors.Under the settlement, Gautam Adani will pay a $6 million penalty, while Sagar Adani will pay $12 million. Both men have consented to “entry of the final judgment without admitting or denying the allegations made in the…
Alphabet sells yen bonds worth $3.6 billion, largest such issue by foreign company Source link
The tourist and ski resort town of Lake Tahoe must scramble to find a new energy supplier by May 2027—the result of a Nevada utility company saying it needs the power capacity in part for new data centers. The resulting energy crisis impacts 49,000 California residents who live near Lake Tahoe, nestled in the Sierra Nevada mountains on the border between California and Nevada. Lake Tahoe’s local electricity provider, California-based Liberty Utilities, has been obtaining 75 percent of its power from the Nevada-based company NV Energy. But the latter has said it will stop providing power to the Lake Tahoe…
The Green Party leader previously told Hackney mayoral candidate Zoë Garbett “you have my vote”. Source link
The Sea Voyager crude oil tanker anchored off the Port of Long Beach in Long Beach, California, US, on Thursday, May 7, 2026.Tim Rue | Bloomberg | Getty ImagesOil prices rose Friday after U.S. President Donald Trump said China has agreed to purchase oil from America, following talks with Chinese leader Xi Jinping.International benchmark Brent crude futures for July gained 1.49% at $107.30 a barrel. U.S. West Texas Intermediate futures for June advanced 1.55% at $102.74 per barrel.”They’ve agreed they want to buy oil from the United States, they’re going to go to Texas, we’re going to start sending Chinese ships to Texas and to Louisiana and…
US set to drop criminal fraud case against India’s Gautam Adani, sources say, as deal reached in civil case Source link