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...Hydrogen, which emits no carbon dioxide when burnt, is considered a critical fuel for cleaning up heavy industries such as steelmaking and trucking....
...JB Hunt, which is a big old capital-intensive diesel-burning trucking company that owns its own trucks, earned 11 per cent (and that was its worst year in more than two decades; trucking is in a slump)....
...Other new series include The Penguin, based on the Batman villain, Dune: Prophecy and a spin off from Stephen King’s It....
...In a hearing last Wednesday, Yellow’s lawyer from Kirkland & Ellis, Patrick Nash, said the trucking group had fought against the inclusion of the $500mn loan roll-up provision....
...Her book, “Investing to Save the Planet”, is published by Penguin Business. X: @aliceemross...
...A price of $1.6bn would be lower than the $2.2bn that Bertelsmann — which owns Penguin Random House — agreed back in 2020....
...A price of $1.6bn would be lower than the $2.2bn Penguin Random House had agreed back in 2020....
...Amid the coronavirus pandemic in 2020, the troubled trucking company secured a $700mn loan from the Trump administration....
...A few weeks ago, there was an outcry after Apollo Global Management offered Yellow Corporation, the recently bankrupt trucking company, a $142.5mn DIP loan that came with a fee as high as $32mn....
...Markus Dohle, the longstanding chief executive of Penguin Random House, has quit the world’s biggest book publisher after failing to secure antitrust approval to buy US rival Simon & Schuster....
...Penguin Random House’s proposed $2.2bn acquisition of Simon & Schuster has collapsed over antitrust concerns, ending a costly two-year effort to create a book publisher of unprecedented scale....
...If the costs do not come down enough, then solid-state batteries could end up being limited to luxury cars or trucking....
...The companies argued that Simon & Schuster’s authors would benefit from Penguin Random House’s “efficient supply chain”, increasing their books’ visibility....
...Storied book publisher Simon & Schuster is back on the market, after US regulators blocked a previously agreed merger with rival Penguin Random House, arguing it would “result in substantial harm” to authors...
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...EU) include Microsoft’s $75bn acquisition of gaming company Activision Blizzard, Lockheed Martin’s planned $4.4bn acquisition of US missile products supplier Aerojet Rocketdyne, and the $2.2bn merger of Penguin...
...Traffic: Genius, Rivalry, and Delusion in the Billion-Dollar Race to Go Viral by Ben Smith, Penguin Press £26/$30, 352 pages John Gapper is the FT Weekend business columnist Join our online book group...
...In June, Uber announced a partnership with Alphabet-owned Waymo to pilot autonomous trucking “at scale”. “This is a work in progress,” said Squali from Truist Securities....
...And I can’t find anyone who thinks the Port of Los Angeles and associated trucking services have suddenly perked up....
...Under way in a federal courthouse in Washington is a highly anticipated trial in which the US Department of Justice is seeking to block the tie-up of two prestigious book publishers, Bertelsmann’s Penguin...
...The latter might emerge; December’s month-on-month trucking inflation data was lower than in November....
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