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U.S. to grant PG&E $15 billion for grid upgrades- report

The U.S. Department of Energy is set to provide a record $15 billion loan to California’s PG&E (NYSE:PCG) Corp, according to the…
Stock

EU probes TikTok for possible election meddling

The European Commission has initiated a formal investigation into TikTok to determine if the social media company failed to mitigate risks that…
Stock

Allianz withdraws $1.63 billion bid for Income Insurance stake

The German financial services giant Allianz (ETR:ALVG) has withdrawn its proposal to acquire a 51% stake in Income Insurance, a Singapore-based insurer….
Stock

Vonovia offers to buy out Deutsche Wohnen minority shareholders

Vonovia, a leading German property company, has proposed an offer to acquire full control of its majority-owned subsidiary, Deutsche Wohnen (OTC:DTCWY). The…
Stock

Trump transition team proposes EV policy rollback

The transition team of incoming U.S. President Donald Trump is advocating for significant policy changes that would end support for electric vehicles…
Stock

P&G agrees to disclose more on wood-pulp supplier audits

Procter & Gamble (NYSE:PG) has committed to providing greater transparency regarding its wood-pulp supplier audits. This move comes as a response to…
Stock

Alibaba set to sell Intime for $1 billion to Youngor Fashion

Alibaba (NYSE:BABA) Group Holding Ltd. is on the verge of finalizing a deal to divest its department store chain, Intime, to Youngor…
Stock

Trump names Andrew Ferguson as FTC Chair. What are the Big Tech implications?

Investing.com — President-elect Donald Trump has announced his intention to elevate current FTC Commissioner Andrew Ferguson to the role of Chairman, with…
Stock

5 big analyst AI moves: Nvida’s next stop is $160-170; AMD, Adobe downgraded

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get…
Stock

Exclusive-Trump transition recommends scrapping car-crash reporting requirement opposed by Tesla

By Jarrett Renshaw, Rachael Levy and Chris Kirkham (Reuters) -The Trump transition team wants the incoming administration to drop a car-crash reporting…
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