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Monthly Archives: February 2023

Chinese IPOs are coming back to the U.S.

A handful of Chinese companies are starting to list again in the U.S. Eduardo MunozAlvarez | Corbis News | Getty Images BEIJING — Chinese startups are raising millions of dollars in U.S. stock market listings again, after a dry spell in the once-hot market. Hesai Group, which sells “lidar” tech …

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K-pop stocks up as agency behind BTS to become rival’s top shareholder

South Korean girl group aespa at the 2022 KBS Song Festival at Jamsil Arena on Dec. 16, 2022, in Seoul, South Korea. The Chosunilbo Jns | Imazins | Getty Images The K-pop agency behind BTS is set to become the largest shareholder of SM Entertainment — the legacy company known …

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Earth could overshoot 1.5 degrees for the first time in 2024

El Nino episodes can have a significant impact on weather conditions worldwide. For instance, the northern areas of South America are likely to experience reduced rainfall and incur an increased risk of fires and droughts. Pedro Vilela | Getty Images News | Getty Images Early forecasts suggest the El Nino …

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U.K.’s FTSE 100 scaling fresh highs despite cost of living crisis

The sun rises over the city on Feb. 6, 2023 in London, United Kingdom. Leon Neal | Getty Images News | Getty Images LONDON — The U.K. is facing the weakest growth prospects in the G-7 and a catalogue of cost-of-living pressures that are pushing the poorest into crisis and …

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Chinese travelers want luxury travel and hotels, survey shows

Consumers in China plan to pay up when it comes to hotels, a Morgan Stanley survey found in late January. The research points to growing demand for high-end and luxury hotels in China now that the country has ended domestic travel restrictions — and a Covid wave has passed. “Consumers …

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How to save for retirement

Investors almost never get to have their cake and eat it too. When it comes to saving for retirement, you generally have to pay taxes on the money you put away, one way or the other. Traditional retirement accounts, such as 401(k)s and individual retirement accounts, come with an upfront …

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Redwood Materials nabs $2 billion loan for battery recycling in Nevada

JB Straubel sits down with CNBC’s Phil LeBeau at Redwood Materials. Redwood Materials has attained a $2 billion loan commitment from the Department of Energy, the agency announced on Thursday via its loan programs office. The battery-recycling startup will use the funding to build and expand its battery recycling facility …

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EMCOR Group is my kind of stock

Okta Inc: “[CEO Todd McKinnon has] got to pivot first. We mean pivot, going from loss and high growth to a little less growth and profit.” EMCOR Group Inc: “That’s my kind of stock. … That’s exactly what I’m looking for.” Jim Cramer’s Guide to Investing Click here to download Jim …

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Newsom unveils bill to protect California’s Joshua tree

A Joshua tree found along Highway 178 (Isabella Walker Pass Road near Highway 14) is viewed on November 14, 2022, near Inyokern, California. George Rose | Getty Images California Gov. Gavin Newsom this week proposed for the first time a bill that would protect the western Joshua tree, a native …

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Web browser Opera is planning to incorporate ChatGPT

Opera ranks among the top five mobile browsers by worldwide market share, according to Statcounter. Sopa Images | Lightrocket | Getty Images BEIJING — Niche web browser Opera is planning to integrate ChatGPT into its products, Opera’s parent Kunlun Tech announced Wednesday. No details were shared on timing, or whether …

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