Birkin Bag Maker Plunges Most Since 2010 As Soft China Demand Weighs On Leather Sales

NextEra Secures $1.9BN Loan From Dept Of Energy For Restart Of Duane Arnold Nuclear Power Plant By Zachary Skidmore of DataCenterDynamics NextEra Energy has secured a $1.9 billion loan from the US Department of Energy’s Office of Energy Dominance Financing (EDF) to support the restart of the Duane Arnold nuclear power plant, which is tied to a long-term Power Purchase Agreement (PPA) with Google. The plant, located in Linn County, Iowa, is the only nuclear energy project in the state and first entered service in February 1975. However, due to the 2020...

Lucid Calls Bankruptcy Report "Completely False" As Shares Stage V-Shaped Recovery Summary:  Lucid Exec Calls Bankruptcy Report 'Fake News'  Lucid Reponds, Denies AlixPartners Has Recommended Bankruptcy Route   Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy Lucid PR Head Calls Report "Completely False"  Nick Twork, Lucid's chief communications officer, took to X in late-afternoon trading to deny Electric-Vehicles.com's report about a potential bankruptcy, stating that the "company has sufficient liquidity to carry its operations well into next year, as recently published in its last quarterly filings, and it has not formed any special board committee...

Latest Global Sportswear Supply Chain Read-Through Remains Bearish The S&P 500 Textiles, Apparel & Luxury Goods sub-industry index (S5TEXA Index), which includes names such as Nike, Lululemon, Deckers Outdoor, Ralph Lauren, and others, is down 15% year-to-date and roughly 65% from its late 2021 peak. With the index now hovering around Covid-era lows, Goldman analysts have published their latest read on textiles, apparel, and footwear, which explains why sentiment across the global industry remains so bleak.  Analysts led by Michelle Cheng reported that major Asian sportswear OEM March orders were mixed,...