South Korea's OCI Plans $265 Million Solar Cell Plant in Texas
OCI Holdings Co. plans to spend $265 million building a solar-cell production facility in Texas, despite shifting priorities around clean energy in the US following the election of Donald Trump as president.
The plant is expected to have production capacity of around 2 gigawatts of solar cells, with commercial operations slated to start by 2026, according to a statement from the South Korean company on Thursday. The project will be developed by OCI's US subsidiary, Mission Solar Energy.
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31 minutes ago
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Why It Will Take Strong Character To Address The Alarming U.S. Deficit
The public and bitter split between President Donald Trump and Elon Musk has once again spotlighted a glaring deficit in the personalities of both leaders. Although the breach erupted after Musk criticized Trump's 'big beautiful bill,' a tax and spending plan projected to result in an additional budgetary shortfall of $2.4 trillion over the next decade, that is not the deficit I'm referring to here. The void that has further polarized our country is a lack of character and values at the highest levels of government. Aside from the clear lack of decorum, the Trump-Musk feud has turned into an outrageous display of insults and retaliation. As the former chair and CEO of Baxter International, I can say that if such a level of public acrimony had happened in the corporate world, it would have raised serious governance concerns that would need to be addressed. Without values and a strong moral character, leadership is weakened. That's why in today's polarized environment, values-based leadership is not only relevant, it should also be a yardstick against which we evaluate leaders in business and government. As my good friend and former chair and CEO of Medtronic, Inc., Art Collins, wrote in an insightful LinkedIn post: 'While past performance should always be examined, I firmly believe that an individual's character is a crucial attribute to be considered when selecting and appraising a leader.' After reading his post, I asked Art to engage in a discussion on values, character, and leadership. Here are some highlights from our conversation. As the Trump-Musk breakup fills the news headlines and late-night television monologues, we cannot let ourselves be distracted by political theater playing out in Washington. This is a matter of character, not only among our leaders, but for our country and how we are perceived around the world.
CNBC
33 minutes ago
- CNBC
Oil rises on optimism about U.S.-China talks easing trade tensions
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Yahoo
an hour ago
- Yahoo
World Bank sharply downgrades forecast for global economic growth to 2.3%
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