Wednesday, January 19th, 2022

Tag: hits

China’s Covid-19 lockdown in Xi’an hits chipmakers Samsung, Micron

Samsung and Micron said this week that they’ve had to adjust operations in the northwestern city of Xi’an, which is experiencing one of China’s worst community outbreaks of the coronavirus pandemic. Authorities have responded...

Tesla hits accelerator to boost sales as 2021 closes

Tesla Inc. and Elon Musk may have extra to celebrate for New Year’s Eve on Friday as workers push toward record quarterly deliveries in the waning hours of 2021, capping a remarkable year in...

Airlines cancel more than 800 U.S. flights as Covid hits crews

U.S. airlines canceled more than 800 flights over Christmas weekend after the rapidly spreading omicron variant of Covid infected flight crews. There were more than 4,200 flight cancellations worldwide on Saturday, more than 870...

Indonesia: 7.3 magnitude earthquake hits off eastern coast

The quake hit 112 kilometers (69 miles) north of Maumere, on Indonesia’s Flores Island. The USGS said it struck at a depth of 18.5 kilometers (11 miles) in the Flores Sea at 10:20 a.m....

Thought Machine hits $1 billion valuation in JPMorgan-backed funding

JPMorgan Chase & Co. signage is illuminated at night at a bank branch in Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images LONDON — British fintech start-up Thought Machine has raised $200 million...

Dollar hits highest level in 17 months — Analyst on stocks to watch

The greenback is breaking out. The U.S. dollar this week climbed to highs not seen since July 2020 after Federal Reserve Chair Jerome Powell was renominated to the position. That decision gave a somewhat...

LeBron James: Superstar gets fans ejected from game on return and hits clutch 3 in Lakers OT win

The LA Lakers star was back on court for the first time following his second-ever career ejection against the Detroit Pistons on Sunday, and the 36-year-old exorcised any leftover frustrations in a 124-116 overtime...

Crypto startup MoonPay hits $3.4 billion valuation in new funding round

MoonPay CEO and co-founder Ivan Soto-Wright speaking at the Bitcoin 2021 conference in Miami, Florida. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrency start-ups have raised record funding this year. It’s no surprise,...

Deforestation in Brazil’s Amazon rainforest hits 15-year high

Smoke rises from an illegally lit fire in Amazon rainforest reserve, south of Novo Progresso in Para state, Brazil, on August 15, 2020. Carl De Souza | AFP | Getty Images Deforestation in Brazil’s...

GM stock hits record high as automaker celebrates Hummer EV production

DETROIT – General Motors is steadily approaching a $100 billion market valuation after shares of the automaker reached a record high on Wednesday. GM’s gains come as shares of newly public electric vehicle start-ups...