The legal victory of Qualcomm Inc. in a battle with high stakes with the US government brings up the opportunity for the smartphone chip giant to enjoy a period of relative calm and growth driven by increasing appetite for new 5G handsets. The company stems from what, by most industry …
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The rally in shares in Moderna Inc. jumped through news late Tuesday that the U.S. government ordered 100 million doses of its COVID-19 vaccine candidate on Wednesday as analysts waited for what the order meant for prices. Modern MRNA, + 1.94% is widely regarded as a front-runner in the race …
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Text size JOSH EDELSON / AFP via Getty Images Centrica’s shares soared more than 17% after it agreed to sell Direct Energy, its North American energy business, to NRG Energy for $ 3.6 billion in cash. Houston-based Direct Energy provides electricity, natural gas, and home services to consumers and businesses …
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Text size Courtesy of Nikola. Nikola has begun construction of a manufacturing plant in Arizona, an important step in commissioning as it seeks to disrupt the heavy truck market. Trevor Milton, founder of Nikola, pursues that goal with two main products: battery-powered or hydrogen fuel cell trucks, . Both will …
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Text size William Ackman Bryan Bedder / Getty Images for The New York Times A special-purpose acquisition company, or SPAC, sponsored by Bill Ackman’s Pershing Square Capital Management, made its debut on the New York Stock Exchange on Wednesday in the largest initial public offering of blank checks. The offering …
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