Thomas Shelter

Thomas Shelter has been a keen follower of US politics for over two decades. His reporting for Congress.net primarily focuses on legislation, party politics, and business news.

Lloyds Banking Group (LYG) Launches Accelerate 2030 Plan Targeting £2 Billion In Cost Reductions

Lloyds Banking Group (LYG) has unveiled an ambitious four-year strategy focused on slashing approximately £2 billion in gross costs by the end of the decade. The programme, titled Accelerate 2030, is structured around three core pillars: growing its business, innovating its product offerings, and simplifying internal operations. For the 2027 through 2030 period, Lloyds is…

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AST SpaceMobile (ASTS) Sets August 5 Launch Date For Next Three BlueBird Satellites

AST SpaceMobile (NASDAQ: ASTS) has confirmed August 5 as the launch date for its next three BlueBird satellites, using a SpaceX Falcon 9 rocket. The upcoming mission will deploy BlueBird satellites 11, 12, and 13 into low Earth orbit, continuing the company’s push toward commercial satellite coverage. BlueBird satellites are significantly larger than competing Starlink…

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Micron (MU) Shares Slip As Apple (AAPL) CEO Tim Cook Signals Push For More Memory Chip Suppliers

Apple CEO Tim Cook rattled memory chip investors after making comments about seeking additional suppliers during the company’s latest earnings call. Cook told analysts directly: “For September [the third quarter], we expect to pay even higher memory costs,” signaling ongoing pricing pressure for Apple’s device lineup. Cook stopped short of announcing any concrete plans to…

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Lloyds Banking Group (LLOY) CEO Charlie Nunn Outlines Bold 2030 Growth Blueprint After Strong Q2 Earnings

Lloyds Banking Group (LLOY) Chief Executive Officer Charlie Nunn spoke publicly about the bank’s strategic ambitions after the lender posted second-quarter earnings that beat analyst estimates. Nunn appeared on Bloomberg Television to discuss the results and lay out a longer-term vision for the British banking giant heading into the next decade. The bank unveiled a…

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IonQ, D-Wave, And Rigetti Could Deliver Outsized Returns For Patient Quantum Investors

Despite a bruising 2026 selloff, quantum computing stocks are building revenue momentum that long-term investors may find difficult to ignore. IonQ (NYSE: IONQ), D-Wave Quantum (NYSE: QBTS), and Rigetti Computing (NASDAQ: RGTI) are all down sharply year to date, yet each company is accelerating revenue and stacking sovereign contracts. IonQ trades at $31.99, representing a…

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European ADRs Surge In Thursday US Trading As BBVA, ING, And Prudential Post Strong Gains

European equities trading in the United States as American depositary receipts tracked sharply higher during Thursday’s session, with several major names posting significant moves. Banco Bilbao Vizcaya Argentaria (BBVA) led the charge among the notable movers, surging 7.56% and standing out as one of the strongest performers of the session. ING Groep (ING) was not…

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