Nvidia Loses Its Game – WSJ
Nvidia warned on Monday that its revenue for its most recent fiscal quarter would come in about 17% below its prior forecast. Photo: Justin Sullivan/Getty Images Provide Nvidia NVDA -8.20%…
China’s War Games Showcase New Tools to Intimidate Taiwan
HONG KONG—China wrapped up four days of live-fire and combat exercises that showcased its growing offensive capabilities against Taiwan and updated Beijing’s tool kit for intimidating the island democracy. On…
Before Crypto Lender Celsius Crashed, CEO Alex Mashinsky Was Known for Big Ideas and Battles
For some 30 years, Alex Mashinsky barreled into whatever was the hot technology of the time, promising revolutions in long-distance calling, airport rides and, most recently, crypto. He often left…
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. A measure of Pioneer’s net income reached about…
China’s Military Exercises Showcase Modern Fighting Force Preparing for Possible War in the Taiwan Strait
What the drills demonstrated, military analysts said, is the progress China has made coordinating different branches of its armed services, a hallmark of a modern military. China appeared to lack…
Judge in Twitter, Elon Musk Case Known for Quick Work
The judge who will decide whether Elon Musk should have to buy Twitter Inc. has a record of quickly deciding urgent cases over imperiled corporate deals and has ordered buyers…
Ethanol Industry Wants to Bury Its Carbon, but Some Farmers Stand in the Way
GOLDFIELD, Iowa—As climate-change concerns grow, ethanol plants like the one in this town of 630 surrounded by 10-foot-tall corn stalks are eager to join new pipeline networks that aim to…
How the Private-Equity Lobby Won—Again
Private-equity lobbyists call it the tax-code provision with nine lives. The tax rate on carried-interest income survived another potential whack last week when Democrats acceded to a demand by Sen.…
Senate Democrats Close In on Passing Climate and Tax Bill
WASHINGTON—The Senate advanced a climate and tax package past a procedural hurdle in the narrowly divided chamber, as Democrats closed in on passing elements of President Biden’s agenda that have…
In Taiwan, Life Goes On Under the Barrel of China’s Gun
TAIPEI—Liuqiu, a short high-speed ferry ride from the southern Taiwanese town of Donggang, draws day trippers to its coral-fringed beaches, laid-back atmosphere and scenic lookouts. This week, some visitors headed…