• Style
    InStyle

    Jennifer Lopez Wore a Controversial Swimwear Trend That’s Just $18 on Amazon

    Supermodels love the retro style, too.

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  • Entertainment
    People

    Chrissy Teigen Transforms Herself into a Hooters Girl and Throws Stylist a Hooters-Themed Party

    The “Cravings” author’s husband John Legend sported a managerial Hooters outfit

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  • Business
    Motley Fool

    Why Marijuana Stocks Like Canopy Growth and Aphria Got Trashed on Thursday

    Thursday was a day to forget for most stock market investors, particularly holders of marijuana titles. Industry bellwethers Canopy Growth (NASDAQ: CGC), Aurora Cannabis (NYSE: ACB), Aphria (NASDAQ: APHA), HEXO (NYSE: HEXO), and Organigram Holdings (NASDAQ: OGI) all fell harder than the S&P 500 index at declines ranging from 6.1% (Aurora) to just over 8% (Aphria).

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  • Business
    Bloomberg

    World’s Top Nickel Producer Sets Out End-to-End Battery Ambition

    (Bloomberg) -- Follow Bloomberg on LINE messenger for all the business news and analysis you need.Indonesia laid down its plans to have a complete battery production line onshore, with a state-owned holding firm to be set up by June.The country has drafted an “end-to-end development” plan that would see four state firms supplying nickel ore, processing nickel sulfate and cobalt sulfate, and then producing cathodes and batteries, Agus Tjahajana, who heads the task force on electric-vehicle development, said in a Thursday seminar.Resource-rich Indonesia, home to a quarter of the world’s nickel reserves, has set its sights on moving up the supply chain to become a global hub for battery-making. The surge in demand for batteries, used to power everything from mobile phones to electric vehicles, has become a tailwind for Southeast Asia’s largest economy as it seeks a way out of a recession.Top Battery Makers Discuss $20 Billion Indonesia EV Plans (1)“Indonesia will hold everything from upstream to downstream involving nickel and electric batteries in the battery holding company,” Ministry of State-Owned Enterprises spokesperson Arya Sinulingga said in the same event. “We have to proceed quickly.”Miner PT Aneka Tambang will focus on nickel ore, while PT Indonesia Asahan Aluminium, known as Inalum, and energy holding co. PT Pertamina will oversee the production of battery and cell components. Pertamina and power producer PT Perusahaan Listrik Negara will look after electricity supply and infrastructure. Each of the state firms will hold a 25% stake in the Indonesian Battery Industry holding firm, which will be set up by June.Potential PartnersIn the last six months, at least two “very serious potential partners” are set to become partners in the supply chain, while one “newcomer” might join, Tjahajana said.The potential projects include a 195 gigawatt-hour factory with capacity to produce 150 thousand tons of nickel ore a year, he said. About 70% of its output will be for Indonesia’s nascent electric-vehicle market, while the rest would be exported in cell form. The factory, valued upwards of $17 billion, will be a joint investment with foreign partners.The government has called on some of the world’s top battery producers like China’s Contemporary Amperex Technology Co. Ltd. and South Korea’s LG Chem Ltd. to set up shop, while talks with Tesla are also ongoing.“We are ready for Tesla to enter anywhere,” said Tjahajana. “We will prepare the land. Tesla just has to choose if it wants to partner with PLN or Pertamina.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

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  • Celebrity
    People

    Queen Elizabeth Unexpectedly Gets Two New Corgis to Keep Her Company at Windsor Castle

    It was thought that the monarch, 94, didn't want to get any new dogs

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  • Celebrity
    People

    Jamie Lee Curtis Jokes About Her Golden Globes Cleavage: 'They Are Back in the Stable'

    "They don't need to come out for another five years," the actress joked of putting her décolletage on full display in her plunging Golden Globes dress during a recent episode of Today

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  • Celebrity
    People

    Inside Nicolas Cage and Riko Shibata's Las Vegas Wedding: 'We Are Very Happy'

    The actor and girlfriend Riko Shibata tied the knot on Feb. 16 — a date that was very special to the couple

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