Base Power Raises $1 Billion, Unveils U.S.-Made Home Battery
Energy startup Base Power has raised $1 billion in fresh funding at a valuation of $13 billion and introduced a U.S.-made home battery system as rising electricity demand and the rapid expansion of artificial...
Robinhood Venture Fund Targets $200 Million IPO
Robinhood is aiming to raise up to $200 million through the initial public offering of its new venture investment vehicle, Robinhood Ventures Fund II (RVII), according to a regulatory filing released on Monday. The...
WestJet Flight Attendants Reach Deal, Ending Strike
The union representing WestJet flight attendants has reached a tentative agreement with Canada’s second-largest airline, bringing an end to a strike that led to hundreds of flight cancellations during a busy holiday weekend. The...
USDA Relocation Plan Sparks Fears of Staff Exodus and Program Disruptions
The Trump administration’s plan to relocate more than half of the Department of Agriculture’s Washington-area workforce has raised concerns that critical research, trade and food-aid programs could be affected as many employees say they...
DOJ Scraps Anti-Weaponization Fund Ahead of Todd Blanche Confirmation Vote
Acting U.S. Attorney General Todd Blanche has rescinded the order establishing the controversial “anti-weaponization” fund, removing a major obstacle to his confirmation as attorney general ahead of a crucial Senate committee vote on Tuesday....
Major Traders Halt Deals With Iron Ore Giant Radiant World
Global commodity giants Vitol Group and Cargill have suspended trading activities with Radiant World, one of the world’s largest iron ore traders, according to a Bloomberg report released on Friday. The report also stated...
Stellantis Recalls Over 1.5 Million Ram 1500 Trucks Worldwide Over Seat Belt Defect
Stellantis, the parent company of Chrysler, announced on Friday that it is recalling more than 1.5 million Ram 1500 pickup trucks globally due to a potential seat belt issue. The recall affects 2019–2026 model-year...
US Expands Import Ban to 43 Chinese Companies Over Uyghur Rights Concerns
The United States has added 43 more Chinese companies to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List, citing alleged links to human rights abuses against Uyghurs and other minority groups in China’s...
European Commission Charges Temu Over Alleged Non-Cooperation in Subsidy Probe
The European Commission has charged Chinese online retailer Temu for allegedly failing to cooperate properly during an inspection carried out at its European headquarters in Dublin in December. The investigation is part of a...
BP Plans Major Workforce Reduction Amid Restructuring Drive
BP is planning to cut around 700 positions from its non-frontline global workforce as part of a broader effort to streamline operations and improve profitability, according to an internal email reviewed by Reuters. The...