Bell Textron of Fort Worth wins contract to replace Black Hawk

The military has chosen Bell Textron to develop the next generation of combat aircraft, based on Bell’s V-280 Valor tiltrotor. Bell Fort Worth-based Bell Textron Inc. has won a development contract potentially worth billions of dollars for the US Army’s next generation of helicopters to replace its fleet of Black Hawks. Textron on Monday announced … Read more

IEA: World will have enough renewable energy in 5 years to power China

London CNN Business — Global renewable energy capacity is expected to grow as much over the next five years as it has over the past two decades, as soaring energy prices and the climate crisis force governments to move away from fossil fuels. In a report released on Tuesday, the International Energy Agency predicts a … Read more

Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco

LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars buying or investing in crypto companies after the FTX stock market crash hit valuations and chilled the market. interest of investors. The FTX implosion has increased the need for more trusted and regulated cryptocurrency players, and big banks see … Read more

TSMC triples Arizona chip investment to $40 billion

Taiwan Semiconductor Manufacturing Company to more than triple its investment in the US state of Arizona to $40 billion as geopolitical tensions push the world’s largest contract chipmaker to accelerate the diversification of its production facilities . TSMC is currently investing $12 billion in building a manufacturing or “fab” facility in Arizona that was originally … Read more

Pfizer seeks FDA green light for bivalent COVID dose in children under 5

Enlarge / Vials of the Pfizer COVID-19 vaccine. As respiratory diseases ravage children in the United States, vaccine partners Pfizer and BioNTech announced on Monday that they are seeking regulatory clearance to offer their bivalent COVID-19 vaccine to children aged 6 months to 4 years, but not in reminder ; instead, it would be part … Read more

PepsiCo to lay off hundreds of workers at headquarters

Nuveen CIO Saira Malik discusses Nuveen’s 2023 Playbook, whether a recession is inevitable, and provides advice and insights on equities, on “Barron’s Roundtable”. PepsiCo Inc. is laying off workers at the headquarters of its North American snack and beverage divisions, a signal that corporate belt-tightening extends beyond technology and media, according to people familiar with … Read more

Bitcoin Could Fall to $5,000 Next Year – Bitcoin Markets and Prices News

Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank analyst explained that cryptocurrencies could fall further and more crypto businesses could “succumb to liquidity restrictions and investor withdrawals.” Standard Chartered Bank’s $5,000 Bitcoin Scenario Standard Chartered Bank released a note on Sunday titled “Financial Market Surprises of 2023.” … Read more