DayOne gets $530m green loan for Singapore data center

A media report that hit the headlines just before the stock market took a break for Independence Day was weighing on investor sentiment toward AutoZone (AZO 6.38%) shares on Monday. The prominent auto retailer’s stock fell by more than 6% after a financial news agency reported that two rivals might soon combine. A Genuine offer?…

Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. Sony’s decision to stop manufacturing physical PlayStation game discs beginning in January 2028 has sparked petitions, boycott campaigns, widespread criticism and multi-generational discontent from the video game community. The announcement has also thrust CFO Lin Tao into…

(Bloomberg) — Parents would gain a new way to shelter up to $2,500 a year in wages from federal income taxes under a new Treasury Department proposal that expands the potential financial appeal of the president’s signature Trump Accounts. The proposal, released Tuesday, goes beyond the parameters set by Congress for the tax-advantaged children’s savings…

On July 22, President Donald Trump announced a deal to allow Saudi Arabia to enrich uranium to use as fuel for civilian nuclear power plants. There’s some controversy about the deal and Congress has not yet approved. Saudi Arabia and Iran are major rivals in the Middle East. Critics argue that giving nuclear capabilities (even…

Prepayment is the act of paying off a portion of your loan before the official schedule requires you to do so. When you take a loan, your equated monthly instalment (EMI) is split into two parts: One pays the interest, and the other part slowly pays down your actual borrowed amount (the principal). Because…

In Lewis v. Commissioner, the U.S. Tax Court had to determine the value of the deemed gift made by two siblings to their father. The court had previously held that the siblings, who were remainder beneficiaries of a qualified terminable interest property marital trust created under their mother’s will, of which their father Bruce was…