$400M Colorado solar cell facility scrapped; financial viability cited two months after Blinken’s praise.

Plans for a $400 million solar cell facility in Colorado have been scrapped just two months after Secretary of State Anthony Blinken highlighted the project as an example of world-leading foreign investment. The Intel semiconductor plant in Colorado Springs was slated to be converted into a solar cell facility by the Swiss solar panel manufacturer …

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Budget Shortfall Sparks Crisis in German Steel Sector: Uncertainty Looms Over Billions in Planned Investments, Industry’s Viability at Risk

The German steel sector, facing a substantial budget shortfall due to a court ruling, is sounding an alarm on the nation’s industrial transformation. With more than 40 billion euros ($44 billion) in planned investments now under scrutiny, the sector is grappling with a loss of confidence and growing uncertainty. How long before the steel industry …

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Ultra-Low Interest Rates Spawn Bizarre Business Ventures, Now Revealing Their Viability

The era of near-zero interest rates has given rise to a series of what many may consider absurd business ventures, including the likes of “buy now, pay later,” car vending machines, extravagant digital art sales, algorithmic home buying, and virtual metaverse offices. During such times of readily available capital, even seemingly weak ideas manage to …

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