Business News and Strategies

Orsted Shares Jump as U.S. Judge Rules Work Can Resume at Revolution Wind Project

Orsted shares jumped Tuesday after a U.S. judge ruled that work could resume at the company’s Revolution Wind project off the coast of Rhode Island.

European Gas Prices Climb on Heating Demand, Iran Risks

European natural-gas prices extended gains on higher heating demand due to colder temperatures across parts of Europe and concerns over growing unrest in Iran.

Volkswagen Brand Deliveries Fall 1.4% on China Woes and U.S. Tariffs

Deliveries of Volkswagen-branded vehicles in 2025 fell 1.4% on year as the market environment in China remained challenging while U.S. tariffs hit demand in North America.

Lynas Could Gain From China’s Curbs on Rare Earths Supply to Japan

The rift should also help the company get better prices for its rare earths, said Chief Executive Amanda Lacaze, who is departing the Australian rare-earths producer at the end of June following 12 years at the helm.

America’s Biggest Power Grid Operator Has an AI Problem—Too Many Data Centers

Increasing demand from the tech industry threatens to max out generation capacity in a 13-state region. Consumers are furious about rate increases.

America’s Biggest Power Grid Operator Has an AI Problem—Too Many Data Centers

Increasing demand from the tech industry threatens to max out generation capacity in a 13-state region. Consumers are furious about rate increases.

Target’s Stores Become an ICE Battleground in Hometown Minneapolis

The retailer faces calls for action from some locals after two employees are detained on the job.

Former Fed chairs, Treasury chiefs condemn Trump admin’s Powell probe

Three former Fed chairs and other top economic officials decry “prosecutorial attacks” on Jerome Powell, saying it undermines the central bank.

Here in Midland, Texas, the Last Thing Anyone Wants Is Cheap Venezuelan Oil

A boom-and-bust region is feeling the pinch from cheap oil, even as low prices help at the pump.

He’s Their Daddy. Meme-Stock Traders Rush to Powell’s Defense.

Individual investors took to social media to cheer on Fed Chair Jerome Powell, who accused the White House of using a criminal probe to pressure the central bank.

Trump slaps 25% tariffs on any countries that do business with Iran

President Trump said Monday he’s imposing 25% tariffs on all countries that do business with Iran, as the administration pressures the Iranian government amid anti-regime protests.

AbbVie Strikes $100 Billion Investment Deal With Trump, Will Lower Medicaid Prices

As part of the three-year deal, the Trump administration exempted AbbVie from tariffs and future pricing mandates, the company said.