Energy Giant Promises More Perks in New Mexico Utility Case
A top executive with global energy giant Iberdrola is promising more perks if local governments and others in New Mexico clear the way for a proposed multibillion-dollar utility merger.
A top executive with global energy giant Iberdrola is promising more perks if local governments and others in New Mexico clear the way for a proposed multibillion-dollar utility merger.
Samsung is hoping cheaper but more durable versions of its foldable phones will broaden the appeal of a high-concept design that’s so far fizzled with consumers.
The Senate’s $1 trillion bipartisan infrastructure plan includes a $65 billion investment in broadband that the White House says will “deliver reliable, affordable, high-speed internet to every household.”.
Canadian Pacific is upping its offer for Kansas City Southern to approximately $31 billion, potentially reigniting a bidding war with rival railroad Canadian National.
Japanese technology company SoftBank’s fiscal first quarter earnings dropped 39% because of the absence of the cash benefit from the merger of Sprint, which boosted its profits a year ago.
Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans could gain some relief after four months of sharp increases that elevated inflation to its fastest pace in more than a decade.
China’s biggest gaming company, Tencent, says it will review whether it adequately limits children’s access to live streaming and other features.
China’s largest e-commerce company, Alibaba, said it’s working with police to investigate alleged sexual misconduct at the company, after a female employee reported that she was sexually assaulted.
The president of the Federal Reserve Bank of Boston added his voice to a growing number of people, inside and outside the Fed, who say the central bank should soon begin to dial back its extraordinary aid for an economy that is strongly recovering from the pandemic recession.
Warren Buffett’s Berkshire Hathaway company reported a 7% gain in profit for the second quarter as the conglomerate saw improvements in its railroad, utilities and energy companies.