Focus on Finance
Wind power can be a major source of tax revenue, but officials struggle to get communities on board
Wind farms have boosted local economies in rural Illinois, funding schools and emergency services, but face growing opposition and complex local tax structures.
LGES cuts sales target on weak EV demand, flags US election risk
Shares in the company, which supplies Tesla, GM, Hyundai Motor and other automakers, fell as much as 2.6%.
Ford profit disappoints, stock falls 12% as quality issues dog automaker
The Detroit automaker earned an adjusted profit of 47 cents per share, significantly missing analysts' expectations of 68 cents.
U.S. new light vehicle sales to rise about 1% in July: report
The share of Battery Electric Vehicles is expected to reach 7.8% in July, aided by the rollouts of new models from car makers...
Renault’s first-half profit beats estimates, sticks to 2024 outlook
Renault's first-half profit exceeded expectations due to strong pricing and new vehicle launches, maintaining its full-year profit-margin forecast amidst rising hybrid sales.
Musk says any Trump move against EV support would hurt competitors more than Tesla
Tesla CEO Elon Musk said on Tuesday that Donald Trump's potential removal of support for EVs would hurt other automakers more than Tesla
US oilfield firms slash prices as mega-mergers shrink customer base
A wave of mega-mergers among oil producers is forcing the US service companies to slash their prices, merge, or risk bankruptcy
Utility NextEra reports Q2 profit miss as segment sales slide
NextEra Energy missed profit estimates for the second quarter, hurt by higher interest rates and expenses in its renewables segment
ScottishPower earnings hit after energy crisis allowance payment drops off
ScottishPower said its earnings fell 11% in the first half of the year to just over £1 billion, after an energy crisis allowance...
