Germany, Russia, the U.S., and Ukraine are all hoping to protect their energy interests. But not all are happy with the current solution.
September 30 marks the end of the federal government’s fiscal year, and the deadline for Congress to pass a funding measure. The debt ceiling, which is the amount of money the Treasury Department is authorized to borrow, must be suspended or raised by mid-October, or the United States likely will default on its debt.
(Bloomberg) -- The world’s second-biggest economy is caught in the grips of a widening power crisis that’s threatening to stymie growth and further tangle already snarled global supply chains. Most Read from BloombergHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesThe Rise of the Pandemic DashboardAt least 2
Germany went to the polls on Sunday to choose a new leader, bringing a close to the era of Angela Merkel after her 16 years in power. But a major problem awaits the new chancellor of Europe’s largest economy: rising energy costs.
(Bloomberg) -- China may be diving head first into a power supply shock that could hit Asia’s largest economy hard just as the Evergrande crisis sends shockwaves through its financial system. Most Read from BloombergHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesThe Rise of the Pandemic DashboardA Jewish Tradition Makes Room for Unconventional DesignThe crackdown on power consumption is be
The oil price has not headed above $80 in around three years.
(Bloomberg) -- Brent oil roared above $80 a barrel, the latest milestone in a global energy crisis, on signs that demand is running ahead of supply and depleting inventories.Most Read from BloombergHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesThe Rise of the Pandemic DashboardThe international crude bench
As China tries to reshape its economy, many U.S. companies, including those in materials and technology sectors, may feel some pain.
(Reuters) -Microsoft Corp's near-acquisition of social media app TikTok last year was the "strangest thing I've ever worked on," Chief Executive Officer Satya Nadella said on Monday. TikTok had been ordered by then-U.S. President Donald Trump to separate its U.S. version from Chinese parent ByteDance because of national security concerns about the collection of U.S. users' data. Microsoft in August 2020 began talks on the proposed acquisition but the deal collapsed by September.
Investors have been rewarding companies that are doing a particularly good job of pumping out free cash flow and increasing their shareholder returns.
Residents in three north-east Chinese provinces experienced unannounced power cuts as the electricity shortage which initially hit factories spreads to homes
Shortages of electricity in China threaten to slow down economic growth there, while Europe has its own problems. Oil prices are rising.
When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.
Vice President Kamala Harris has hired two new advisers at a time when she is leading the charge for the Biden administration on a number of issues including voting rights and immigration from Central America. Lorraine Voles and Adam Frankel who worked with Harris during the transition, have joined the team and will focus on strategic communications, long-term planning and organizational development, a White House official with knowledge of the matter said. The two advisers began their new roles in August and will serve only temporarily in the White House, the official said, without specifying how long they will stay.
The Russell 1000 Index is a market-capitalization-weighted index of the 1,000 largest publicly traded companies in the U.S. It represents approximately 92% of the total market capitalization of all listed stocks in the U.S. equity market. Value investing is a factor-based investing strategy that involves picking stocks that you believe are trading for less than what they are intrinsically worth, usually by measuring the ratio of the stock's price to one or more fundamental business metrics. Value investors believe that if a business is cheap compared to its intrinsic value, (as measured by its P/E ratio, in this case) the stock price may rise faster than that of others as the price comes back in line with the worth of the company.
China's C919 jetliner - a no-show at the country's biggest air show this week – has found it harder to meet certification and production targets amid tough U.S. export rules, according to three people with knowledge of the programme. The state-owned manufacturer, Commercial Aircraft Corp of China (COMAC), has been unable to get timely help from suppliers and has run out of some spare parts, those people said. U.S.-linked suppliers are gradually receiving the licences, but the hiccup has slowed down Chinese certification, and months-long delays threaten to affect early production, said the people, who declined to be named because of the sensitivity of the matter.
Tesla is assembling is workforce for the billion-dollar factory nearing completion just outside Austin. Experts tell us this recent hiring wave is only the beginning. Click through for more info, as well as a list of the largest private employers in the Austin area (which Tesla should soon join).
Growth investing is one of two main fundamental investment strategies, the other being value investing. Investors employing a growth investing strategy will typically place the majority of their portfolio in growth stocks, which are shares of companies with earnings or sales expected to grow at a significantly faster rate than the rest of the market. The primary way that investors expect to earn profits from growth investing is through capital gains.
Kristi Noem tried not to directly address the issue.
Just days after a South Dakota agency moved to deny her daughter's application to become a certified real estate appraiser, Gov. Kristi Noem summoned to her office the state employee who ran the agency, the woman's direct supervisor and the state labor secretary. Noem's daughter attended too. Kassidy Peters, then 26, ultimately obtained the certification in November 2020, four months after the meeting at her mother's office.
(Bloomberg) -- A $1 billion project to haul natural gas from Pennsylvania to New Jersey has become the latest casualty of opposition to pipelines across the U.S. Most Read from BloombergHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesThe Rise of the Pandemic DashboardPennEast Pipeline Co., a joint venture of