Janet Yellen Joins The Shroom Trend, Sort Of, During Her Official Visit To China
In a recent interview with CNN, U.S. Treasury Secretary Janet Yellen casually recognized that she tried magic mushrooms at a dinner during her July official visit to China. Although “delicious,” the mushrooms didn’t make her trip. Yellen added that she was only informed that the meal was made of the psychoactive native Lanmaoa asiatica shrooms after … […]
Apple Supplier Kickstarts iPhone 15 Production In India, Airpods Next In Line: Report
This story was first published on the Benzinga India Portal. Taiwanese electronics major Hon Hai Precision Industry Co Ltd (OTC: HNHPF), better known as Foxconn, has reportedly begun the production of Apple Inc’s (NASDAQ: AAPL) upcoming iPhone 15 in Tamil Nadu, India as the smartphone giant looks to close the gap between shipments from India and China. What Happened: The manufacturing of the […]
PlayStation 5 Slim Design Leaked? Here’s A Sneak Peek At Sony’s Next Console
A leaked online video appeared to reveal a potential PlayStation 5 Slim, a smaller version of Sony Group Corp‘s (NYSE: SONY) current-generation console that has been rumored for about a year. Recent court documents presented by Microsoft Corp (NASDAQ: MSFT) during the FTC trial against the acquisition of Activision Blizzard Inc (NASDAQ: ATVI) supported the existence […]
Why Michael Kors Parent Capri’s Shares Are Shooting Higher Today
Michael Kors, Jimmy Choo and Versace owner Capri Holdings Ltd‘s (NYSE: CPRI) shares are jumping Thursday morning as it is reportedly in talks to be acquired by Coach owner Tapestry Inc (NYSE: TPR). The deal, which has been under discussion for months, could be announced as soon as Thursday, the WSJ Read More
Yellow On The Brink: Asset Sale Through Bankruptcy Looms
Distressed trucking firm Yellow Corp. (NASDAQ:YELL) is reportedly contemplating an asset and real estate sale via a bankruptcy filing, potentially happening as soon as this weekend, sources close to the matter reveal. A potential financial bidder has already shown interest in the assets of the struggling trucking company, as Bloomberg reports. Shares of Yellow Corp. […]
Apple To Reportedly Shift 20% Of iPhone 15 Production To India As It Further Cuts China Reliance
This story was first published on the Benzinga India portal. Apple Inc (NASDAQ: AAPL) faced a host of initial iPhone 14 sales setbacks due to a COVID-19 outbreak and subsequent riots at Apple’s largest Chinese factory, the company has strategized not to face such pitfalls again. With the aim of decentralizing its supply chain from China, Apple is investing […]
Apple’s Blueprint: Indian Government Suggests Tesla Adopt Similar Strategy For Chinese Suppliers
This story was first published on the Benzinga India portal. Indian government officials suggested Tesla Inc (NASDAQ: TSLA) – currently discussing setting up a plant in India – partner with local firms to work with any Chinese suppliers the electric carmaker is currently involved with. What Happened? Officials from Tesla told the Indian government that they’d like some of their Chinese […]
Trump-Era Bailout Of Trucking Giant Yellow Heads South, Leaving Taxpayers In The Dust
The sudden cessation of operations by the trucking titan, Yellow Corp. (NASDAQ:YELL), may lead to financial losses for American taxpayers, highlighting the inherent risks of government aid to corporations. Government’s Lifeline To Yellow And Its Implications In 2020, during the peak of the Covid-19 pandemic, the U.S. government loaned Yellow $700 million, a move that […]
This US Investment Giant Thinks It’s The Perfect Time To Enter India’s Credit Market: Here’s Why
This story was first published on the Benzinga India portal. Franklin Templeton’s India branch is reportedly gearing up to launch a private credit fund, enabling it to offer loans to companies in a market where both banks and non-banking financial companies (NBFCs) are largely hesitant to cater to anyone other than top-rated businesses. What Happened? According to […]
What’s Going On With IonQ Stock?
IonQ Inc (NYSE: IONQ) shares are trading higher Monday on continued momentum following Friday’s surge. IonQ shares traded more than 15% higher Friday following rumors of a bullish mention of the stock in a newsletter. What Happened: According to Benzinga Pro, rumors circled at the end of last week that IonQ could … Full story available on Benzinga.com […]
