
Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million
Apr 17, 2026 01:47 am UTC| Business Technology
The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers
Apr 17, 2026 01:41 am UTC| Business Technology
NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...

TSMC Posts Record Q1 Profit Fueled by AI Chip Demand
Apr 16, 2026 06:50 am UTC| Business Technology
Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the worlds largest contract chipmaker, delivered a record-breaking first-quarter profit in 2026, surpassing analyst expectations as artificial intelligence continues...

CATL Stock Hits Record High After Q1 2025 Earnings Surge
Apr 16, 2026 06:47 am UTC| Business
Contemporary Amperex Technology Co. Limited, widely known as CATL, saw its shares soar to all-time highs on Thursday following the release of impressive first-quarter financial results, fueled by surging global demand for...

Elon Musk's Terafab Foundry Courts Top Chipmaking Giants for AI Self-Sufficiency Push
Apr 16, 2026 06:46 am UTC| Business Technology
Elon Musks ambitious semiconductor venture, Terafab, is moving closer to reality after his team began reaching out to some of the worlds leading chipmaking equipment suppliers. According to Bloomberg, staff representing...

Daikin Industries Stock Surges 14% After Elliott Investment Management Discloses Major Stake
Apr 16, 2026 01:53 am UTC| Business
Shares of Daikin Industries (TYO:6367) experienced a dramatic rally on Thursday following a high-profile disclosure by activist investor Elliott Investment Management, which revealed a substantial stake in the Japanese air...

Federal Judge Dismisses DOJ Lawsuit Attempting to Block Hawaii's Climate Case Against Oil Giants
Apr 16, 2026 01:46 am UTC| Law Politics Business
A federal judge in Honolulu has dismissed a Trump administration lawsuit that sought to prevent Hawaii from pursuing climate change litigation against major fossil fuel companies in state court. U.S. District Judge Helen...