Tag Archives: turns

Bloomberg LG, SK Reach $1.8 Billion Settlement to End EV Battery Spat (Bloomberg) — Two South Korean electric-vehicle battery makers reached a last-minute settlement in a bitter U.S. trade dispute, sparing President Joe Biden from choosing between undermining intellectual property rights or dealing a politically toxic blow to his climate agenda.SK Innovation Co. agreed to pay 2 trillion won ($1.8 billion) to LG Energy Solution, a unit of LG Chem Ltd., according to a statement from the two… Source link

Woman feeding pigs in China. Huawei is turning to technology for pig farmers as it deals with tough sanctions on its smartphones. The Chinese telecoms giant was stopped from accessing vital components after the Trump administration labelled it a threat to US national security. In response to struggling smartphone sales, Huawei is looking at other sources of revenue for its technology. Along with Artificial Intelligence (AI) tech for pig farmers, Huawei is also working with the coal mining… Source link

As Huawei waits to see whether Donald Trump’s departure will signal a change of fortune for its embattled smartphone business, it has launched a new strike against its Android partners, praising Apple’s iPhone as “the world’s best” 5G phone and talking up the quality of its technology for iPhone 12 users. Apple and Huawei 5G VCG via Getty Images Before its brutal dismantling by Trump’s blacklist, Huawei had built an Android powerhouse,… Source link

Price of silver rose by more than10% on Monday. Photo: Leonhard Foeger/Reuters The price of silver (SI=F) rocketed more than 10% to its highest since February 2013 on Monday, briefly trading over the $30 (£ ) per ounce mark, as retail investors piled in on the commodity. It became the latest target after a retail frenzy last week saw the likes of heavily-shorted GameStop (GME) and AMC Entertainment (AMC) surge in revolt to large institutional investors. Recently amateur traders have been… Source link

TipRanks 3 Monster Growth Stocks to Beat the Volatility Volatility is back on the menu. Last week brought January’s trading to a close in what amounted to the stock market’s worst month since October. The GameStop saga hogged the headlines as the retail buying frenzy for names with high short interest raised the possibility the market might be exhibiting bubble behavior. Add into the mix the slow rollout of Covid-19 vaccines and the fear of a delayed return to normalcy, and once again,… Source link

Two-time Olympic gold medaling swimmer Klete Keller turned himself in to federal authorities on Thursday on charges connected to his alleged involvement in the riots at the U.S. Capitol last week. Keller, who earned five medals at three Olympic games in the 2000s, was charged with three crimes in U.S. District Court in Denver and was released without bond, per the Arizona Republic. The charges were unveiled Wednesday before he turned himself in and the judge detailed them and the maximum… Source link

Is it possible for a 43-year-old quarterback to still be in his prime? Tampa Bay Buccaneers quarterback Tom Brady turned in a vintage performance Saturday, leading the Bucs to a 47-7 win over the Detroit Lions. Brady threw for 348 yards and four scores in the win … and did it all in the first half. With the victory, the Buccaneers are officially going to the postseason. It will be the first time the franchise has appeared in the playoffs since 2007, which had been the longest postseason… Source link

Nearly 16 months ago, when Dallas Cowboys owner Jerry Jones stepped in front of the CNBC cameras after committing to the richest running back contract in NFL history, he sounded like a man who was selling himself — maybe more than anyone else — on the lavish $90 million deal he was about to sign with Ezekiel Elliott. Jones talked about how Elliott had “worked” and “utilized his skills” to seize his market. He waxed about Elliott’s “big heart” and spun thin logic about how… Source link

President Trump called a press briefing Friday to announce the implementation of his rules on drug pricing, which he said could save consumers hundreds or thousands of dollars a year, but got sidetracked with a rant against Big Pharma, which he blamed for sabotaging his reelection campaign because his policies would hurt their business. In particular, he attacked Pfizer, the largest drug company in the U.S., just two hours after his press secretary, Kayleigh McEnany, claimed credit for the… Source link

With only two weeks left until Election Day, Joe Biden’s lead over President Trump has widened to 11 percentage points — Biden’s biggest margin among likely voters in any Yahoo News/YouGov poll to date.  The survey, which was conducted from Oct. 16 to 18, shows that a majority of likely voters (51 percent) now say they are voting for the Democratic nominee while just 40 percent say they are voting for Trump. Biden’s lead, which is identical among registered voters, has grown by 3… Source link