Tag: facilities

Samsung set to announce $17 billion chip plant in Texas

Samsung Electronics Co. plans to build a roughly $17 billion chip-making plant in Taylor, Texas, according to people familiar with the matter, a mega investment by the South Korean tech giant, as the Biden administration pushes for an expansion of U.S. semiconductor production. An announcement could come as early as Tuesday, people familiar with the matter said. Gov. […]

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Boeing reaches $225 million settlement in shareholder lawsuit over 737 Max safety

Current and former Boeing Co. directors have reached an approximately $225 million agreement to settle a shareholder lawsuit that claimed the plane maker’s board failed to properly oversee safety matters related to the 737 Max, according to people familiar with the matter. As part of the proposed settlement, Boeing BA, -0.16% has agreed to hire an ombudsman to handle internal […]

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Some big investors are backing nuclear energy, a potential savior to the energy crisis that’s gripping the world

Investors have embraced once-niche alternative-energy sources including solar, wind and geothermal as governments crack down on polluting and poisonous fossil fuels. But what’s often avoided is any discussion of a reliable, carbon-free source that can scale more than any other alternative form of energy: nuclear. Sustainable-minded investors have had an uneasy relationship with nuclear energy. […]

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In addition to bitcoin, AMC will soon accept other cryptocurrencies for purchases

AMC on Wednesday expanded the range of cryptocurrencies it soon plans to accept for movie-ticket and concession purchases. In its second-quarter earnings report in August, AMC Entertainment Holdings Inc. AMC, -0.97%, the nation’s largest movie-theater chain, announced it would accept bitcoin BTCUSD, +0.79% for online ticket and concession purchases before the end of this year. […]

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