Category: Finance

Kigali, 15 October 2025 — German biotechnology company BioNTech SE has obtained a $110 million financing package from the European Investment Bank (EIB) and the European Commission to support the expansion of its mRNA vaccine plant in Rwanda. The Kigali facility, first inaugurated in 2023 with modular “BioNTainer” units, is designed to strengthen Africa’s vaccine […]

When Starbucks announced that it would phase out its mobile-order pickup-only locations beginning in 2026, it raised a question: Why abandon a format seemingly built for speed and efficiency? As Starbucks CEO Brian Niccol explained the decision in an earnings call, the pickup-only stores had a “transactional” feel, lacking “the warmth and human connection that […]

Lumber, especially softwood lumber like pine and spruce, is critical to U.S. home construction. Its availability and price directly affect housing costs and broader economic activity in the building sector. The U.S. imports about 40% of the softwood lumber the nation uses each year, more than 80% of that from Canada. President Donald Trump says […]

Surveillance pricing has dominated headlines recently. Delta Air Lines’ announcement that it will use artificial intelligence to set individualized ticket prices has led to widespread concerns about companies using personal data to charge different prices for identical products. As The New York Times reported, this practice involves companies tracking everything from your hotel bookings to […]

Dublin, 13 October 2025 — A new report by European Women in VC, Pensions for Purpose, and Venture Connections highlights a stark imbalance in global capital flows: while U.S. pension funds routinely commit close to 10% of their portfolios to private equity, including venture capital, European funds invest a fraction of that — just 0.12%. […]

As millions of student loan borrowers settle into the school year, many are stressed about how they’ll pay for their degrees. These students may find that the One Big Beautiful Bill Act, the big tax and spending bill that President Donald Trump signed into law over the summer, could limit how much they can borrow. […]

JPMorgan Chase has announced a sweeping $1.5 trillion investment initiative to bolster sectors critical to U.S. national and economic security. The Security and Resiliency Initiative, unveiled by CEO Jamie Dimon, will span a decade and target vulnerabilities exposed by geopolitical tensions, supply chain fragility, and overreliance on foreign sources. Strategic Scope and Objectives The initiative […]

London, United Kingdom: British self-driving technology firm Wayve is negotiating a major funding round with Microsoft and SoftBank, according to reports citing people familiar with the talks. If completed, the deal would inject as much as $2 billion into the London-based start-up and lift its valuation to approximately $8 billion, placing it among the most […]

With the indictment on Oct. 9, 2025, of New York Attorney General – and longtime Donald Trump adversary – Letitia James on two criminal counts related to loans for a home purchase, mortgage fraud is back in the news. Lisa Cook, a Federal Reserve governor, is also being investigated by the Department of Justice for […]

Airports across the United States have been experiencing significant flight delays recently because of a shortage of air traffic controllers, who have been required to work without pay since a government shutdown began on Oct. 1, 2025. Reports suggest employees have been calling in sick in increased numbers. And since there was already a shortage […]