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China’s CATL claims to beat BYD’s EV battery record with longer range on a 5-minute charge newsthirst.

A CATL sign stands outside its research and development hub and the Chinese battery maker’s headquarters in Ningde, Fujian province, China November 8, 2024. Kevin Krolicki | Reuters China’s CATL, the world’s largest supplier of EV batteries, announced a set of new incoming products Monday, including a battery it claims has set a “new global…

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Chicago Fed’s Goolsbee says Fed independence is ‘critically important’ for its inflation fight newsthirst.

Chicago Federal Reserve President Austan Goolsbee. Kate Rooney | CNBC Federal Reserve Bank of Chicago President Austan Goolsbee on Monday urged against reducing the central bank’s independence as President Donald Trump amped up criticism of Chair Jerome Powell. “The long-run expectations that the Fed would get inflation back down to the 2% target were critically important….

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Nomura to buy Macquarie’s U.S., Europe public asset management business newsthirst.

Signage for Nomura Holdings Inc. outside the company’s Otemachi head office in Tokyo, Japan, on Wednesday, Oct. 30, 2024. Bloomberg | Bloomberg | Getty Images Japanese investment bank and brokerage group Nomura said Tuesday it will buy the North American and European public investments business of Australian investment banking company Macquarie for $1.8 billion. The…

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Amazon has paused some data center lease commitments: Wells Fargo newsthirst.

Amazon CEO Andy Jassy speaks at a company event in New York on Feb. 26, 2025. Amazon has rebooted Alexa with artificial intelligence, marking the biggest overhaul of the voice-activated assistant since its introduction over a decade ago. Michael Nagle/Bloomberg via Getty Images Michael Nagle | Bloomberg | Getty Images Amazon has delayed some commitments…

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China to retaliate against nations that work with U.S. to isolate Beijing newsthirst.

BEIJING — China on Monday warned it will retaliate against countries that cooperate with the U.S. in ways that compromise Beijing’s interests, as the trade war between the world’s two largest economies threatens to embroil other nations. China’s warning comes as U.S. President Donald Trump’s administration is reportedly planning to use tariff negotiations to pressure…

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