Flowco Holdings Targets $2 Billion Valuation Flowco Holdings, a leading oilfield services provider, announced its plans for a U.S. initial public offering (IPO), aiming for a valuation of up to…
Fed’s Approach to Interest Rate Cuts The U.S. Federal Reserve is signaling a cautious approach to further interest rate cuts, citing resilient economic performance and stubborn inflation. Fed Governor Lisa…
Biden’s Landmark Decision on Offshore Drilling President Joe Biden is poised to ban new offshore oil and gas development across 625 million acres of US coastal waters. The plan, targeting…
Supreme Court’s High-Stakes TikTok Case The Supreme Court will begin 2025 with a pivotal hearing on TikTok’s future in the U.S. The app faces a potential ban unless sold to…
SpaceX to Test Starship’s Satellite Deployment Capabilities Elon Musk’s SpaceX announced its next Starship test flight will feature the rocket’s inaugural attempt to deploy payloads in space. The mission will…
Microsoft’s $80 Billion Commitment to AI Infrastructure Microsoft Corp. plans to invest $80 billion in building data centers this fiscal year, emphasizing the growing demands of artificial intelligence (AI). More…
Tesla’s First Annual Sales Decline in Over a Decade Tesla Inc. reported a significant drop in vehicle sales for 2024, marking its first annual decline in more than a decade.…
Plenty Unlimited’s Strategic Focus Amid Financial Overhaul Plenty Unlimited Inc., a leader in vertical farming backed by Jeff Bezos and SoftBank, is navigating a major restructuring. The company plans to…
China’s Growing Cyber Threats Target US Treasury and Critical Sectors A recent cyberattack attributed to China state-sponsored hackers has exposed vulnerabilities in US government systems and critical infrastructure. The US…
Alibaba Streamlines Operations with Sun Art Sale Alibaba Group Holding Ltd. has agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital. The…