World News
GlobalFoundries, STMicro to build new US$5.7 Bn French chip factory
- July 11, 2022 06:45 AM PDT
- Mridul Gogoi

Chipmakers GlobalFoundries (Nasdaq: GFS) and STMicroelectronics announce a new factory in France.
Microsoft’s (MSFT) US$69-Bn Activision (ATVI) deal in a regulatory fix
- July 07, 2022 10:57 AM PDT
- Mridul Gogoi
Rivian (RIVN) beats estimates in second-quarter EV production
- July 06, 2022 11:09 AM PDT
- Mridul Gogoi
Tesla’s (TSLA) deliveries fall for first time in two years, may hit profits
- July 05, 2022 11:25 AM PDT
- Mridul Gogoi
Global chip stocks plunge after Micron’s (MU) poor forecast, waning demand
- July 01, 2022 11:38 AM PDT
- Mridul Gogoi

Three issues need to be fixed for Twitter deal to go ahead: Musk
- June 21, 2022 10:34 AM PDT
- Mridul Gogoi
Elon Musk said three vital issues need to be settled first for the Twitter takeover to happen.
Read More...
US to observe inaugural Juneteenth federal holiday on Monday
- June 19, 2022 11:04 AM PDT
- Mridul Gogoi
Highlights: US will commemorate Juneteenth as a Federal holiday for the first time on June 20, Monday. Juneteenth is observed to celebrate the emancipation of the enslaved African Americans. The Juneteenth act was passed by President Joe Biden a...
Read More...
US mid-term polls in a year marred by inflation, fear of recession
- June 17, 2022 08:57 AM PDT
- Mridul Gogoi
Highlights: US mid-term elections on November 8, 2022, will be a litmus test for President Biden. A Republican dominance will trouble the Biden administration in dealing with the current economic woes. The Ruling party generally fares badly in...
Read More...
Better.com, CEO misled investors to ensure SPAC deal: Former executive
- June 08, 2022 02:46 AM PDT
- Reuters
A former Better.com employee is suing the company and its chief executive, Vishal Garg, alleging they provided misleading statements to investors about the digital mortgage firm's financial prospects and performance. Sarah Pierce, a former executi...
Read More...
Musk warns rescinding Twitter deal over fake accounts in fresh salvo
- June 06, 2022 11:18 AM PDT
- Mridul Gogoi
Highlight:s Elon Musk criticizes Twitter (TWTR) for blocking his RTI on fake accounts. Last week, Musk created a furor by announcing 10% job cuts in Tesla. Musk’s US$44 billion Twitter deal is cleared by US Justice Department. After...
Read More...
World Environment Day: Green investments that can earn you some green
- June 05, 2022 11:36 AM PDT
- Mridul Gogoi
Highlights: The focus should be on less use of fossil fuels to generate electricity to run our industries and homes. Eco-friendly investments we should thrive on to earn and contribute to the environment. Green investing considers reducing pol...
Read More...
Travel insurance: Things you should know before buying one
- June 05, 2022 11:04 AM PDT
- Mridul Gogoi
Highlights: Travel insurance should not be mistaken for normal health insurance by travelers. Getting a refund is not easy despite having travel insurance. Always read carefully about the coverage details and do not assume. One element in...
Read More...
Biden wishes Musk ‘luck’ on trip to the moon after his job cut plans
- June 03, 2022 04:26 PM PDT
- Mridul Gogoi
Tesla Inc (Nasdaq: TSLA) chief Elon Musk said that he wants to cut 10% of company employees, noting that he has a “super bad feeling” about the economy that forced him to take the decision. To a Reuters query about his comments, US Pre...
Read More...
Facebook parent drops FB symbol, to trade under META ticker from June 9
- June 01, 2022 01:00 PM PDT
- Mridul Gogoi
Highlights: Meta Platforms Inc. will adopt a new ticker symbol META before the market opens on June 9, 2022. Formerly known as Facebook, it changed its name to Meta Platforms Inc. in 2021. Meta shares shrunk by more than one-third in value, un...
Read More...
RedBird to buy Italian soccer club AC Milan in US$1.3 bn deal
- June 01, 2022 10:32 AM PDT
- Mridul Gogoi
Highlights: US investment firm RedBird Capital Partners to own Italian soccer champions AC Milan in a US$1.3 billion deal. RedBird Capital Partners is likely to close the deal in September this year. Current owner, Elliott Management will als...
Read More...