(Reuters) - On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity. FILE PHOTO: A natural gas flare on an oil well pad burns as the ...
Data firm IHS Markit said its flash U.S. manufacturing PMI increased to 61.5 in the first half of this month. That was the highest reading since October 2009, and followed a final reading of 60.5 in April. Economists polled by Reuters had forecast the index dipping ...
The country will also clamp down on illegal activities in the securities market, and maintain the stability of stock, bond and forex markets, the committee said in a meeting chaired by Vice Premier Liu He.
LONDON (Reuters) - Beset by rising regulatory pressure, bitcoin hovered around $40,000 on Friday, pausing its attempt to recover from this week's massive plunge. Representations of the virtual currency Bitcoin stand on a motherboard in this picture ...
Felix Dian is in fighting spirits after this week's crypto meltdown. Like many pros, the former Morgan Stanley trader says Bitcoin's volatility actually shows why hedge funds are in the digital-currency game: To ride boom and bust cycles with diversified bets so ...
The biggest names plunged after a series of bad news cycles, starting with onetime proponent Elon Musk implying on Sunday that Tesla Inc. might have sold its crypto holdings. On Wednesday, China's central bank reiterated that cryptocurrencies cannot be ...
As millennials begin to turn 40 in 2021, CNBC Make It has launched Middle-Aged Millennials, a series exploring how the oldest members of this generation have grown into adulthood amid the backdrop of the Great Recession and the Covid-19 pandemic, ...
Their organizer, Baltimore Sun education reporter Liz Bowie, dubbed the effort "Project Mayhem." The journalists tried to secure potential buyers in numerous Tribune markets who embraced the public-minded aspirations of journalism, including the Maryland ...
"I watch some of the people that you have on and they talk about it – $40,000, $12,000, whatever – I think 'this is nutso talk,'" Diller said CNBC's "Squawk Box" after originally indicating he didn't want to talk about the crypto space.
While prominent industry leaders including Tesla Inc.'s Elon Musk and Volkswagen AG's Herbert Diess have repeatedly criticized fuel cells and argued battery power is the only way forward, Daimler and Volvo aren't alone in seeing long-term potential.
A bunch of companies have been giving away freebies to people who have received a COVID-19 vaccine, and now dating apps are offering perks. The White House has teamed up with nine of the biggest dating sites around to encourage more people to get ...
Kansas City Southern agreed to a $30 billion merger with Canadian National Railway Co., scrapping a $25 billion deal with Canadian Pacific Railway Ltd. after it declined to boost its offer. Under the deal, Canadian National will pay $200 and 1.129 shares of ...
The pandemic was good to gaming companies. Few benefited more than China's Tencent, owner of blockbuster hits like Honour of Kings and League of Legends. Tencent's gaming sales soared beginning in early 2020, as users ...
Canopy Growth (NASDAQ:CGC) takes the top spot among the popular Robinhood marijuana stocks for three key reasons. First, it's already a major player in the global cannabis market. Canopy is one of the leaders in the Canadian recreational market as well ...
... * April Australian LNG imports 3.06 mln, up 10% y/y. * Australia remains top LNG supplier to China. * Analyst expects imports to rise slightly in the coming months. BEIJING, May 21 (Reuters) - China's liquefied natural gas (LNG) imports from Australia hit a ...
EV startup Fisker Inc. says it will make the first all-electric popemobile, using a modified version of its forthcoming Ocean SUV. Automotive designer Henrik Fisker and Geeta Gupta-Fisker (his wife and Fisker Inc. co-founder) presented Pope Francis with ...
While it would be nice to write about something other than yet another tech company looking to list via a SPAC, the deals keep dropping, so our more traditional fare of covering startup trends will remain on hold for at least one day more. This morning, we're ...
Another rope tied like a noose was discovered Wednesday at the site in Windsor, about 10 miles (16 kilometers) north of Hartford, prompting an intensified law enforcement investigation and calls by the state NAACP on Thursday for the suspect or suspects to be ...
Elevate your enterprise data technology and strategy at Transform 2021. (Reuters) — Reservation systems for seats. Algorithms that say whether a location is crowded or not. Cameras to show what's happening in ...
Today's mortgage refinance rates end the week at record lows, unchanged since yesterday with the average rate for 15-, 20- and 30-year fixed loans sitting at 2.542%. That's down significantly from last week's average of 2.708%.
Delta Air Lines has hired the chief executive of GE Power Portfolio to become its next chief financial officer. Dan Janki will join the Atlanta-based carrier on July 12. He has led GE Power Portfolio, which makes equipment for electric-power plants, since October ...
As Biogen presses on with its gene therapy ambitions, it wants to improve the process of manufacturing these therapies and it's turning to synthetic biology company Ginkgo Bioworks for help. Promoted ...
Deere has capitalized on high commodity prices, turning in terrific earnings. The only question for investors is how long can it last. Deere (ticker: DE) reported $5.68 in per- share earnings from $11 billion in equipment sales, while Wall Street was looking for ...
Planning a drive or two on Memorial Day Weekend? Temperatures are not the only things which will be on the rise. Expect to pay more at the gas pump. According to gasbuddy.com, the national average price of gasoline is expected to be $2.98 per gallon on ...
Nvidia Corp. shares jumped Friday after the graphics-chipmaker said it would split its shares 4-for-1 in an effort to make them more accessible to investors and employees. The split, in the form of a stock dividend, is subject to shareholder approval at the Santa ...
Annovis Bio (ANVS) said Friday its experimental Alzheimer's and Parkinson's treatment improved cognition in less than a month, leading ANVS stock to soar. The biotech company studied its treatment in 28 patients — half with Alzheimer's disease and half ...
Chairman and Chief Executive Officer Dick Johnson said on a call with analysts that lease expirations will allow it to exit around 40% of its Footaction stores. Foot Locker also reported ...
If Richmond, Virginia, voters approve a proposed casino in their city this fall, Silver Spring, Maryland-based Urban One will own and operate it. It would make the casino, currently named One Casino + Resort, the first majority Black-owned casino in the country ...
Feeling blue? If you have always wanted that checkmark on your Twitter page, you will soon be able to make it a reality. Twitter announced it is reopening its verification process for the first time in four years. Twitter unveiled the application process on the ...
Now that the anticipated collaboration between JPMorgan, Amazon, and Berkshire Hathaway has wound down, the finance company is finding its way forward with a new healthcare venture. Haven ...
AMARILLO, Texas (KAMR/KCIT) — The Texas Workforce Commission has reported that the Texas unemployment rate was at 6.7% in April, down 0.2 percentage points from March 2021. According to the report, Texas added 13,000 total nonagricultural jobs ...
John Stankey, President & Chief Operating Officer of AT&T and Chief Executive Officer of WarnerMedia, speaks onstage at HBO Max WarnerMedia Investor Day Presentation at Warner Bros. Studios on October 29, 2019 in Burbank, California.
President Biden included $100 billion for broadband access for all Americans as part of his infrastructure package. At a House Agriculture Committee hearing last month, internet executives said it would cost at least $60 billion to fill in the broadband gaps in ...
The German biotechnology company's CEO, Ugur Sahin, said on Thursday in a meeting with the Turkish health minister that the vaccine's effectiveness against the Indian variant was likely to be in the same range as for the South African variant, according to ...
PITTSBURGH — Westborough, Massachusetts-based BJ's Wholesale Club announced its second planned location for the Pittsburgh region as part of a larger national rollout that will expand its footprint by six more clubs before the end of its fiscal year.
WEST PALM BEACH, Fla. (WTXL) — Uber and Lyft riders in West Palm Beach have noticed a few changes -- from higher prices to longer wait times. "We used to ride down to Clematis Street, probably $13 bucks a pop, like, each way, and now it's in the 20s, ...
On top of that, the overpayment issue leaves questions about how the state will claw back that money. More than $1.6 billion in overpayments were deemed by the Ohio Department of Job and Family Services ...
FOX Business' Edward Lawrence on the questions raised over the timing of China's cryptocurrency announcement. China may not seem like a supporter of cryptocurrencies, based on moves its financial community made this ...
BRUSSELS -- The European Union's executive arm Thursday finalized a third vaccine contract with Pfizer and BioNTech through 2023 for an additional 1.8 billion doses of their covid-19 shot to share among the bloc's countries except for Hungary, which ...
Richemont chair Johann Rupert acknowledged that rival Kering had proposed an unspecified tie-up "more than a year ago" but insisted he had no intention to sell the luxury goods company he controls. His timeline of the approach differed ...
The third week saw the total venture funding rising to $285 million, cutting across 19 deals. This period saw Moglix, a B2B ecommerce marketplace, turning into a unicorn and eyewear startup Lenskart getting backing from global investment firm KKR.
Senior Editor. One of the Shire drugs that Takeda spotlighted in its $62 billion takeover is getting a speedy look at the FDA. The drug, maribavir, is being positioned as ...
SEOUL, May 21 (Reuters) - South Korea on Friday approved Moderna Inc's MRNA.O COVID-19 vaccine, as the country attempts to speed up its inoculation efforts, drug safety minister Kim Gang-lip told a news conference. The final approval comes after two of ...
Singapore's Maxeon Solar Technologies reckons that it's come up with a way to install photovoltaic panels on the roofs of commercial buildings that may not be able to support conventional setups. The company has created frameless, thin and lightweight ...
Heathrow has signed a deal with Cignpost ExpressTest to become the main testing provider at the airport. Under the deal, 'gold standard' PCR tests will be available from £59 and 800 new jobs are expected to be created to cope with increases in passenger ...
Sales of goods that COVID firmly relegated into a corner are starting to rebound, in some cases in a big way, making for increased demand for things like lipstick and an opened floodgate for all things wedding. First up: Lipstick sales, which are growing again, ...
Ethereum co-founder Vitalik Buterin is the world's youngest known crypto billionaire and recently made headlines for his US$1 billion donation to the India Covid Relief Fund. He then burned 410 trillion of one of the latest cryptocurrencies to hit the market ...
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share. The maker of chipmaking equipment posted revenue ...
The Canada Energy Regulator, which must sign off on international utility projects, issued a permit Thursday allowing work north of the U.S. border that's necessary for the $1 billion New England Clean Energy Connect. The project ...
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