WASHINGTON — The U.S. government can continue collecting the 10% worldwide tariff it imposed in February while legal challenges to the levies continue to work their way through the courts, a federal court ruled Thursday. The Court of Appeals for the Federal Circuit in Washington decision handed a procedural win …
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SpaceX stock soars in debut and makes Elon Musk the first trillionaire
NEW YORK — Elon Musk became the world’s first trillionaire after shares of his rocket company SpaceX soared in Wall Street's biggest initial public offering of stock. Shares in SpaceX jumped more than 19% after opening for trading Friday, a sign that investors are looking past the billions the company …
Read More »DOE: Malampaya to shut down for a month to undergo maintenance starting June 15
MANILA, Philippines — The Department of Energy (DOE) on Friday announced that Malampaya Deep Water Gasto-Power Project would be shut down from June 15 to July 15 for a scheduled maintenance. The DOE said this has been closely coordinated with other relevant stakeholders to ensure that the Shallow Water Platform …
Read More »Visayas grid on yellow alert anew
MANILA, Philippines — The National Grid Corporation of the Philippines (NGCP) placed the Visayas grid on yellow alert on Friday as several maor coal plants remained unavailable resulting in supply shortage amid increased demand. In an advisory, the transmission company said that the yellow alert would be between 6 p.m. …
Read More »Accentuate your professional development at Accenture
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Read More »Meralco raises June electricity rates on higher generation charge, peso weakness
MANILA, Philippines — The Manila Electric Company (Meralco) announced a P0.1488 per kilowatt-hour (kWh) increase in electricity rates for June, reversing last month’s reduction as higher generation charges and supply pressures in the Luzon grid pushed overall costs upward. This brings the total residential rate to P14.4833 per kWh from …
Read More »Stock indices as of June 11, 2026
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Read More »Rising costs and competition threaten GoPro
NEW YORK — For nearly 25 years, GoPro cameras have gone underwater, glided with parachutes and slipped down ski slopes, allowing the adventurous to record images of their experiences. But the California company now faces a battle for survival amid intensifying competition, questionable demand for electronics and rising material costs. …
Read More »ALFM Euro Bond Fund Inc. to hold annual stockholders meeting
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Read More »ALFM Peso Bond Fund Inc. announces stockholder meeting
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