Chinese tea chain Chagee filed for a U.S. initial public offering to trade on Nasdaq as “CHA,” with plans to open its first U.S. store in Los Angeles. Founded in 2017, Chagee has over 6,400 teahouses in China, Malaysia, Singapore, and Thailand, generating $1.7 billion in revenue in 2024. Despite challenges faced by Chinese companies seeking U.S. listings, Chagee aims to expand globally and deliver 15 billion cups of tea annually.
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NWI activist, leader react to NIPSCO study at Michigan City Generating Station
For Michigan City residents, the potential conversion of the NIPSCO generation station is met with mixed emotions, as some, like executive director Ashley Williams, fear the continued use of fossil fuels, while others, like councilwoman Nancy Moldenhauer, see it as a step backward environmentally. NIPSCO has agreed to study conversion options for the plant, including gas turbine and battery storage systems, with plans to retire the plant by 2028 and make investments in LaPorte County...
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