EU leaders slash climate budgets by tens of billions to cover coronavirus recovery package
European Council President Charles Michel (L) speaks with Emmanuel Macron (R) and Dutch prime minister Mark Rutte: John Thys, Pool Photo via AP European Union leaders are set to slash tens of billions of euros from funds aimed at preventing catastrophic…
Tech Firms Begin to Abandon Hong Kong Over Security Law
(Bloomberg) — China’s sweeping national security law has forced technology firms to reconsider their presence in Hong Kong. The nimblest among them — the city’s startups — are already moving data and people out or are devising plans to…
Tech surge pushes Nasdaq to new record high
Well, that’s all from us today, thakns for following along. Louis Ashworth will be back in the morning. Here’s a quick summary of today… WTI and Brent crude hit their highest level since early March as the overall feel good factor in…
Racing Point F1 Doesn’t Understand Why Other Teams Didn’t Just Copy Mercedes, Too
From Road & Track Welcome to The Grid, R&T’s quick roundup of the auto industry and motorsports news you should know this morning. Racing Point Thinks Copying Mercedes Was the Right Call Racing Point Team Boss Otmar Szafnauer hasn’t…
Logitech (LOGI) Q1 Earnings Top Estimates, FY21 View Raised
Logitech International LOGI reported first-quarter fiscal 2021 results, wherein both bottom and top lines surpassed estimates. Non-GAAP earnings came in at 64 cents per share, surpassing the Zacks Consensus Estimate by 77.8%. The bottom line also…
OnePlus launches its affordable OnePlus Nord in India and Europe
After plenty of rumors and teasers, OnePlus has finally launched its affordable OnePlus Nord phone in India and Europe. The Chinese phone maker has always tried to make ‘flagship killers’ — phones with high-end specs that are priced below iPhones and…
Coal Demise Forces $1 Billion Writedown for Swedish Utility
(Bloomberg) — Vattenfall AB took a massive hit on the value of a new German coal plant in yet another sign of how the fossil fuel is struggling in Europe. The Swedish utility wrote down the value of the Moorburg facility in Hamburg by 9.1 billion…
Trillion-Dollar Tech Earnings on Tap This Month
Four U.S. tech companies, after adjusting for inflation, have been valued at $1 trillion or more this year. At the end of Monday’s trading session, Apple Inc. AAPL was the most valuable U.S. company at around $1.7 trillion, followed by Microsoft…
How to Stay Safe During a Heat Wave
Consumer Reports has no financial relationship with advertisers on this site. Extreme heat can be a killer. In fact, according to the Centers for Disease Control and Prevention (CDC), more than 600 people die each year in the U.S. due to extreme heat,…
all the ingredients for a successful sub-$500 phone
OnePlus has just launched its new mid-range device, the OnePlus Nord in India and Europe. The phone costs $335 and is targeted to appease junta who’s looking for a pocket-friendly option under $500. I’ve been using the Nord for more than 72 hours, and…