A judge has thrown out a conservative challenge to New York City’s fossil-fuel divestment plan, ruling that the city has the authority to make decisions about its investments. The lawsuit, brought by the National Association of Manufacturers, argued that the divestment plan would harm the pension funds of city workers. However, the judge dismissed the case, stating that the city’s decision to divest from fossil fuels is a valid exercise of its authority.
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Coupang (CPNG) Q2 Revenue Jumps 16%
Coupang (NYSE:CPNG) reported Q2 2025 GAAP revenue of $8.5 billion, surpassing forecasts, but diluted earnings per share of $0.02 fell short of the $0.07 estimate. Despite strong growth in its Product Commerce segment and increased customer engagement, the company noted lower free cash flow due to capital expenditure timing and working capital fluctuations. Want More Context? 🔎
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