Westinghouse Electric Files Confidentially for IPO
Business & Markets • 2 months ago
The nuclear technology and services supplier has submitted a draft registration statement to the SEC for a proposed public stock offering.
Business & Markets News
Private Funds Present Significant Tax Challenges for Investors
Business & Markets • 2 months ago
Financial advisors often overlook the substantial tax implications associated with private investment funds, leading to unexpected burdens for clients.
Apple Warns of Potential iPhone Price Hikes Amidst Chip Shortages
Business & Markets • 2 months ago
Despite record sales, the tech giant cites supply chain constraints impacting advanced chip availability, potentially leading to higher prices for upcoming devices.
EasyJet Fined Passengers After Faulty Luggage Sizer
Business & Markets • 2 months ago
Airline admits to using a faulty baggage sizer at London Gatwick, leading to incorrect fines for two passengers.
Africa's Off-Grid Solar Sector Attracts Mainstream Investors Through Landmark Deals
Business & Markets • 2 months ago
Major financing rounds by D.light and Sun King signal a potential shift in how off-grid solar companies access capital, moving beyond development finance to commercial markets.
Short Sellers Profit as SpaceX Shares Decline Post-IPO
Business & Markets • 2 months ago
Investors betting against Elon Musk's space exploration company have seen significant gains as its stock price falls from its debut high.
Mercedes-Benz Unveils Revamped GLA SUV with Extended Electric Range
Business & Markets • 2 months ago
The German automaker's compact SUV enters its third generation with a new electric powertrain option offering up to 408 miles on a single charge.
U.S. Treasury Yields Tick Higher After Federal Reserve Decision
Business & Markets • 2 months ago
Short-term yields see a notable increase as markets assess the Fed's stance.
NatWest CEO Pushes Back Against Windfall Tax Amidst Soaring Profits
Business & Markets • 2 months ago
The bank's chief argues that a punitive tax would harm lending and economic growth.