A Mireo Plus H train photographed in North Rhine-Westphalia, Germany, on May 5, 2022. According to Siemens Mobility, the train can hit a top speed of 160 kilometers per hour, or around 99 mph. Sophie Brössler | Picture Alliance | Getty Images Siemens Mobility is to build several hydrogen-powered trains for a network in the …
Hydrogen powered trains to be used in Berlin-Brandenburg region Read More »
The Group of 7 has announced a new infrastructure funding program that could rival China’s Belt and Road Initiative. One expert says the G-7’s plan offers hope to developing countries but it remains to be seen whether it can match the BRI. On Sunday, the US and the other members of the G-7 including Canada, …
New G-7 infrastructure plan offers alternative to China Belt & Road Read More »
CNBC’s Jim Cramer on Monday told investors that while the market has yet to overcome the challenges threatening to create a recession, FedEx stock might be able to weather the turbulence. “You might think FedEx would be a helpless victim of high gas prices, potential e-commerce plateau, a [Federal Reserve]-mandated slowdown. That would be wrong. …
Investors could do ‘a lot worse’ than FedEx here, Jim Cramer says Read More »
CNBC’s Jim Cramer on Monday told investors that while the market has yet to overcome the challenges threatening to create a recession, FedEx stock might be able to weather the turbulence. “You might think FedEx would be a helpless victim of high gas prices, potential e-commerce plateau, a [Federal Reserve]-mandated slowdown. That would be wrong. …
Investors could do ‘a lot worse’ than FedEx here, Jim Cramer says Read More »
US Commerce Secretary Gina Raimondo told CNBC’s Jim Cramer on Monday that she believes GlobalWafers will follow through on its plan to build a silicon wafer factory in Texas — but only if Congress passes funding for the CHIPS for America Act by the time the August recess begins. “This investment that they’re making is …
US may lose silicon wafer factory if CHIPS Act isn’t funded Read More »
A contractor working for Amazon.com cleans a delivery truck in Richmond, California, US, on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Amazon plans to hold a second shopping event for Prime members this year, in the fourth quarter, according to a notice viewed by CNBC. It will be the first …
A woman holds a smartphone with the Robinhood logo in the background. Rafael Henrique | Sopa Pictures | light rocket | Getty Images Robinhood shares jumped on Monday after Bloomberg News reported crypto exchange FTX was considering acquiring the trading app. The stock soared 14% at its session high and was briefly halted after a …
Robinhood shares jump 14% on report FTX may be exploring a deal Read More »
With inflation at 40-year highs, workers across all income levels are having a harder time making ends meet. As of May, 58% of Americans — roughly 150 million adults — live paycheck to paycheck, according to a new LendingClub report. That’s down slightly from 61% who reported living paycheck to paycheck in April but up …
More than half of Americans live paycheck to paycheck amid inflation Read More »
Former US President Donald Trump applauds during the National Rifle Association (NRA) annual convention in Houston, Texas, US May 27, 2022. Shannon Stapleton | Reuters A federal criminal investigation is threatening the proposed merger between former President Donald Trump’s social media enterprise and a special purpose acquisition company, a deal that would give the combined …
Kristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sports file | Getty Images The CEO of £3.9 billion ($4.8 billion) fintech firm Wise is being investigated by UK regulators after tax authorities found he failed to pay a tax bill worth over £720,000. Kristo Kaarmann, who co-founded Wise in 2011, was recently fined …
FCA investigates Wise CEO Kristo Kaarmann over tax default Read More »
