Equinor, the Norwegian energy giant, said it is considering legal action after receiving a halt work order from the US government for its Empire Wind project, despite the project being fully permitted and under construction. The development, set to be developed in federal waters approximately 15 to 30 miles off the coast of New York's Long Island, could deliver power to half a million New York homes, is about 30% complete and carries a gross book value of US$2.5 billion.
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The New York Times stock appears undervalued, with its digital growth outweighing the decline in its print business.
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Amazon shares rose after the NY Times reported that the e-commerce giant made a last-minute offer to buy TikTok in US. Caroline Hyde has more.
The New York Times prospers with digital subscriptions, leveraging premium content, strategic pricing and diverse offerings to drive growth and reader engagement.
A federal judge today denied OpenAI's motion to dismiss a copyright infringement lawsuit by The New York Times, a major development in a closely watched case that will test the limits of what AI firms can use, and how, to train their large language models.
U.S. President Donald Trump's administration plans to end American financial support for Gavi, an organization that helps buy vaccines for children in developing countries and scale back efforts to combat malaria, the New York Times reported on Wednesday.
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The London Stock Exchange is pushing back against the growing trend of companies eyeing New York listings by warning of the hidden costs and risks of floating in the US, The Sunday Times has reported. In a new analysis sent to banks and IPO hopefuls, the LSE argues that London offers lower fees, broader investor diversity, and fewer legal liabilities for directors compared with New York.
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EPA administrator Lee Zeldin discusses his collaboration with DOGE and sounds off on former EPA chief Gina McCarthy's criticism of the Trump administration on 'Varney & Co.' #foxbusiness #varney