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Shell Pauses Buybacks, Pivots to Gas and Fossil Fuels, June 14
Shell pauses buybacks and sells $1B in wind assets as it pivots to Venezuelan gas. Stock rated A- by Meyka with 12-month target of $89.94.
US Invests $2B in Quantum Computing, IBM Among Key Beneficiaries, June 14
U.S. government invests $2 billion in quantum computing firms including IBM, taking ownership stakes to advance strategic technology.
Federal Probe Launched After ‘8647’ Vandalism on National Mall, June 13
Federal authorities investigate “8647” vandalism on National Mall near WWII Memorial, interpreted as anti-Trump protest code.
Shell Plans $1B Offshore Wind Sale, Pivots to Fossil Fuels, June 13
Shell divests $1 billion in offshore wind assets, pivoting toward fossil fuels under CEO Wael Sawan’s strategy.
SpaceX IPO Soars 19% to $161 on Record $75B Debut, June 13
SpaceX IPO closes at $161, up 19% on $75B debut. Stock values company at $1.77 trillion, making it one of the 10 largest US companies.
Carl’s Jr. Franchisee Closes 10 Restaurants, Sells 49 After Bankruptcy, June 13
Carl’s Jr. franchisee files Chapter 11 bankruptcy, plans to close 10 locations and sell 49 others in California amid rising labor costs.
Wind Farm Milestone: Giant Turbine Blades Reach Scotland Site, June 13
CWP Energy delivers two massive turbine blades to Sanquhar II wind farm in Scotland using dual blade lifter technology for the first time.
Left MP Laughs During Bundestag Debate on Child Abuse, June 13
Left Party MP Katrin Fey faced criticism for laughing during Bundestag debate on child sexual abuse by migrant gangs in Nuremberg.
Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
Cash App is making a major move beyond digital payments and personal finance by launching a new wireless phone service. The company has introduced a $40 per month unlimited phone plan that operates on the AT&T network, marking its entry into the highly competitive telecommunications market. The launch represents one of the biggest expansions in…