Tag: Business
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Nippon Steel ‘not yet satisfied’ with US Steel reforms, Nikkei reports
June 18 : Nippon Steel has seen positive results from efforts to improve operations at U.S. Steel, one year after its acquisition, but is not yet satisfied with the pace of reforms, the Nikkei newspaper reported on Thursday, citing the steelmaker’s vice chairman and executive vice president.”We’re seeing impr
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Half of Japan firms see post-Iran war recovery taking over 6 months: Reuters Poll
TOKYO, June 18 : Nearly half of Japanese firms believe it will take more than six months for their business operations to return to normal after a ceasefire is achieved between the United States and Iran, a Reuters survey showed on Thursday. The survey took place before Washington and Tehran’s interim a
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Cramer’s lightning round: Buy Vistra
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Ford has a new battery business to ride the AI wave. Here’s where Cramer stands on the stock
CNBC’s Jim Cramer said Ford’s new battery storage business gives the automaker a credible way to capitalize on the AI infrastructure boom.
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Jim Cramer says this chipmaker is still a buy after soaring more than 200% this year
CNBC’s Jim Cramer named Intel as his top stock pick, arguing that investors should focus on the company’s future AI opportunities.
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Apple to raise prices due to memory chip shortage, CEO tells WSJ
June 17 : Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview.A surge in AI-driven demand for data centers has forced consumer electronics companies into a fierce competition for dwindling supplies of the key
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Chinese regulators clear Paramount Skydance-Warner Bros Discovery merger, source says
LOS ANGELES, June 17 : Chinese regulators have cleared the Paramount Skydance-Warner Bros Discovery merger, according to a source familiar with the decision. (Editing by Franklin Paul)
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Rumble rebrands to RUM Group after Northern Data buyout
June 17 : Rumble, which hosts U.S. President Donald Trump’s Truth Social platform, said it would begin operating as ‘RUM Group’ and oversee a new AI-focused business unit in addition to its existing video platform.The move, announced on Wednesday and effective from June 18, comes after the company closed its
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S&P 500 falls, yields rise following Fed announcement
NEW YORK, June 17 : Major stock indexes fell, bond yields rose and the U.S. dollar extended gains against the euro on Wednesday after the Federal Reserve held the benchmark interest rate steady and new projections showed officials expect a hike in borrowing costs later this year amid increasing inflation concerns.
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Dollar jumps as Fed holds rates but projects one hike later this year
NEW YORK, June 17 : The dollar strengthened across the board on Wednesday after the Federal Reserve held the benchmark interest rate steady and the Fed’s statement showed policymakers expect a hike in borrowing costs later this year amid growing concerns about inflation.While the central bank left the policy
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