Trump's Steel Tariffs May Take a Swipe at Battery-Storage Market

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Trump's Steel Tariffs May Take a Swipe at Battery-Storage Market

Prices for lithium-ion battery packs dropped 24 percent last year as it became cheaper to make them, according to data from Bloomberg New Energy Finance. Steel tariffs could increase battery-installation costs by as much as 3 percent, but that shouldn't have much lasting impact on the industry as other
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Nordstrom Ends Buyout Talks With Founding Family

Pedestrians pass a Nordstrom in downtown Chicago. Members of the founding family had hoped to take the department-store chain private, saying it would give company flexibility to 'navigate a challenging retail landscape.
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Mozambique Proposes Haircuts That Bondholders Swiftly Reject

Mozambique proposed writing off some of its Eurobonds and other external debts as it began restructuring negotiations by saying it would struggle to repay principal for the next decade. A group of Eurobond holders rejected the proposals as a “total non-starter.” The southern African nation told investors
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Seven charged after bikie taskforce raids across Melbourne

A 31-year-old Dandenong man charged with recklessly dealing with proceeds of crime. A 60-year-old Balwyn man charged with one count of false accounting. A 30-year-old Maribyrnong man charged with recklessly dealing with proceeds of crime. A 60-year-old Bentleigh man charged with possessing
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Peru's New Leader Vizcarra Taking Office Amid Persistent Tumult

Peru's president-in-waiting, Martin Vizcarra, is set to take office with the daunting challenge of building ties with an opposition-controlled Congress that forced his predecessor to quit after 20 months in power. Vizcarra, an engineer-turned-politician, will be sworn in Friday to replace Pedro Pablo
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