President Donald Trump said Friday that the large law firm Skadden, Arps, Slate, Meagher & Flom has agreed to provide at least $100 million in pro bono legal services to the federal government during the Trump administration.The agreement, which Trump called “essentially a settlement,” calls for other actions and allows Skadden, Arps to avoid becoming the sixth elite law firm to be targeted by an executive order from Trump imposing various punishments.The deal came five days after the billionaire Elon Musk — one of Trump’s top advisors — tweeted “Skadden, this needs to stop now” in response to a social…
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Image source: Rolls-Royce plc Over the past several years, one of the more notable opportunity costs in my portfolio has been selling my shares in Rolls-Royce (LSE: RR) when the price still had a long way to run, in the right direction. Of course, no-one knew then just how impressive a performance shares in the aeronautical engineer would put in. In fact, over the past several years, the performance of the Rolls-Royce share price has been little short of phenomenal. Over the past five years, it has moved up by 517%. So, should I add the share back into my…
Apple is pushing forward with its environmental and sustainability efforts. The company has set a goal to be carbon-neutral across its entire business by 2030. This includes manufacturing, supply chain, and product life cycles. As part of this effort, Apple recently announced a $99.3 million investment in its second China Clean Energy Fund to expand renewable energy projects. To reach its goal, the company is investing in clean energy, working with suppliers, and designing lower-carbon products. Apple’s China Clean Energy Fund Initiatives On March 24, 2025, Apple launched its second China Clean Energy Fund. The company is committing $99.3 million…
Apple is pushing forward with its environmental and sustainability efforts. The company has set a goal to be carbon-neutral across its entire business by 2030. This includes manufacturing, supply chain, and product life cycles. As part of this effort, Apple recently announced a $99.3 million investment in its second China Clean Energy Fund to expand renewable energy projects. To reach its goal, the company is investing in clean energy, working with suppliers, and designing lower-carbon products. Apple’s China Clean Energy Fund Initiatives On March 24, 2025, Apple launched its second China Clean Energy Fund. The company is committing $99.3 million…
A new PwC report reveals that most companies remain committed to their climate goals. Despite economic uncertainty and shifting regulations, 84% of businesses are maintaining or even accelerating their decarbonization efforts. Only 16% have slowed down or stepped back from their commitments. The finding challenges the perception that companies are abandoning sustainability goals. Instead, many businesses are quietly making steady progress. The report, which analyzed data from over 4,000 companies, found that climate commitments have grown nine times over the past five years. This trend shows that corporate sustainability is now a long-term focus, not just a temporary trend. Let’s…
CoreWeave CEO Mike Intrator said Friday that the company’s IPO pricing, which came in below expectations, has to be placed in the larger context of the macroenvironment.”There’s a lot of headwinds in the macro,” Intrator said on CNBC’s Squawk Box. “And we definitely had to scale or rightsize the transaction for where the buying interest was.”The company, which provides access to Nvidia graphics processing units for artificial intelligence training and workloads, priced its IPO at $40 a share, below the initial $47 to $55 per share filing. The stock will begin trading on the Nasdaq under the symbol “CRWV.”The lower price provided…
(Bloomberg) — Stocks fell and bonds rose as data signaled a weakening consumer and worries that inflation could gain further traction amid a trade war, underscoring the Federal Reserve’s challenges in navigating the current environment. Most Read from Bloomberg Equities dropped for a third straight day, with the S&P 500 erasing this week’s advance. Treasury yields dropped, with the slide led by longer-dated bonds. The dollar wavered. The euro erased losses on news the European Union is identifying concessions it’s willing to make to the US to secure the partial removal of tariffs that have already started hitting the bloc’s…
Image source: Getty Images Over the past 12 months, Lloyds Banking Group (LSE: LLOY) shares would have turned £10,000 into £14,300. What might the same amount today be worth in another year? Let’s try a bit of informed guesswork. Broker forecasts Price targets attached to broker forecasts are the first things to check. There’s no date on them, but they’re generally seen as fairly short-term things. And they’re frequently changed, usually because of a few key things. Company results can make analysts rethink their outlook, and other news releases can shift opinions. But often, forecasts appear to change just because…
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Image source: Getty Images Here are two top FTSE 250 stocks I think savvy investors should take a close look at today. NCC Group Tech shares aren’t typically renowned for their potential to deliver a decent dividend income. This is because any spare capital they generate tends to be prioritised for expensive activities like R&D and manufacturing. But cybersecurity specialist NCC Group (LSE:NCC) has been paying cash rewards for more than a decade. So it’s a great passive income share to consider in my book. With cost savings and non-core divestments boosting its balance sheet, dividends are tipped to rise…