At first glance, Jed Rosenzweig's new venture would seem like a fool's errand: launching a digital news site during brutal economic times for the media to cover an industry that, by traditional measures, is waning in influence. There's been plenty to chew on since then, including Jon Stewart's return to “The Daily Show,” John Mulaney's new Netflix show, Jimmy Kimmel's feud with Donald Trump,Conan O'Brien resurfacing online and South Dakota Gov. Kristi Noem's emergence as a comic foil. “I haven’t come to this project from a business perspective, so much so much as a passion,” says Rosenzweig, a veteran entertainment journalist based in Portland, Oregon.
Anglo American is exploring an initial public offering of its diamond business De Beers, two people familiar with the matter told Reuters on Tuesday, with London the preferred venue, one of them said. CEO Duncan Wanblad said the plan was to spin out or sell De Beers, but did not go into details about how that would be done. Anglo holds 85% of De Beers while the government of Botswana, where its biggest mines are, owns the remainder.
The United States is hiking tariffs on $18 billion worth of Chinese imports, targeting strategic sectors like electric vehicles, batteries, steel and critical minerals, the White House said Tuesday."It is really a signal to US automakers that the Biden administration is protecting the industry from Chinese EVs," he told AFP. But tariffs covering EV batteries and supply chains would be "a much bigger issue, because of the dominance of Chinese companies in the finished battery space and for critic