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Author: Daniel snow
Employees work on an assembly line in the mobile phone plant of Rising Stars Mobile India Pvt., a unit of Foxconn Technology Co., in Sriperumbudur, Tamil Nadu, India, on Friday, July 12, 2019. Foxconn, also known as Hon Hai Precision Industry Co., opened its first India factory four years ago, it now operates two assembly plants with plans to expand those and open two more. The company was integral to Chinas transformation into a manufacturing colossus, and founder Terry Gou has told India’s Prime Minister Narendra Modi that Foxconn could help India do the same. Photographer: Karen Dias/Bloomberg via Getty…
Dollar weakens tied to U.S. reconsidering AUKUS pact- DB Source link
Jobless claims hold steady at 8-month high. Economists blame the end of the school year.
While there are signs of softening, there is “no evidence that the labor market is rolling over,” according to one economist. Source link
The deal removes Chinese export restrictions on rare earths minerals and allows Chinese students access to U.S. universities. Source link
From about the 1960s to the mid-1980s, the United States was a leader in uranium mining. But domestic production of the mineral, which is primarily used as fuel for nuclear reactors, has since fallen off a cliff. “A lot of this was because it was a government priority. And we strategically used government funding and subsidies to support it. However, what kind of started happening during the 90s is we saw a de-prioritization away from uranium,” said Gracelin Baskaran, director of the Critical Minerals Security Program at the Center for Strategic and International Studies. Several high-profile nuclear accidents, including the…
A Gamestop store is seen in Union Square on April 4, 2025 in New York City. Michael M. Santiago | Getty ImagesGameStop shares slid on Thursday after the video game retailer and meme stock announced plans for a $1.75 billion convertible notes offering to potentially fund its new bitcoin purchase strategy.The company said it intends to use the net proceeds from the offering for general corporate purposes, “including making investments in a manner consistent with GameStop’s Investment Policy and potential acquisitions.”Part of the investment policy is to add cryptocurrencies on its balance sheet. Last month, GameStop bought 4,710 bitcoins, worth more than half…
Parents, your greatest legacy could be instilling a sense of entrepreneurial thinking in your kids. Source link
Boeing’s stock dropped after a 787 Dreamliner plane crashed in India, raising concerns over whether its recent rally may have just ended. Source link
This combination of pictures created on April 09, 2025 shows US Middle East envoy Steve Witkoff after a meeting with Russian officials at Diriyah Palace, in Riyadh, Saudi Arabia, on February 18, 2025 (L); and Iran’s Foreign Minister Abbas Araghchi speaking to AFP during an interview at the Iranian consulate in Jeddah on March 7, 2025.Evelyn Hockstein | Amer Hilabi | AFP | Getty ImagesDUBAI, United Arab Emirates — Oil prices spiked overnight on geopolitical concerns, as U.S. President Donald Trump struck a sharply more negative tone over the progress of nuclear talks with Iran and announced the withdrawal of…
Hugh Jackman lists NYC penthouse for $39 million amid divorce from Deborra-Lee Furness
The extraordinary abode is spread across three floors and boasts 11,000 square feet of living space Source link