Huge natural gas bills incurred during the Texas freeze have sparked a series of lawsuits across the country as companies argue over who is responsible for the bill. At least 30 lawsuits …
Read More »As Texas Freeze Gas Bills Due, Prepare Claims
Oil rises as shipping remains paralyzed in the Suez Canal, but US prices post a weekly loss
Crude oil futures ended higher on Friday when a 220,000-ton cargo ship blocked the Suez Canal for the fourth day in a row and efforts to dislodge one of the world’s largest …
Read More »How The Harsh Texas Winter Exposed America’s Power Grid Problems
Texas had a harsh winter in 2021. In mid-February, with temperatures falling into the single digits, electricity demand hit a record throughout Texas. The supply ran out, prompting the state’s power grid …
Read More »Apple Watch News: Extreme Sports Rugged Model Under Consideration
An Apple Watch Series 6 on display at the company’s flagship store in Sydney. Photographer: David Gray / Bloomberg Photographer: David Gray / Bloomberg Apple Inc. is considering releasing an Apple Watch …
Read More »Samsung begins transition to faster next-generation memory
Photographer: SeongJoon Cho / Bloomberg Photographer: SeongJoon Cho / Bloomberg Samsung Electronics Co. announced plans for its next-generation memory chips that will double the speed of existing technology and offer the highest …
Read More »Watch Tesla, Nikola, and These Other Stocks As Turnaround Comes for a $ 1.5 Trillion Truck Market, Says UBS
A massive disruption is hurtling down the road into a $ 1.5 trillion global truck market as legacy manufacturers and new entrants battle for pole position in a race for zero-emission truck …
Read More »Apple (AAPL) to announce new iPads in April
Various models of Apple Inc.’s iPad at the company’s Yeouido store during its opening in Seoul, South Korea, on February 26, 2021. Photographer: Jean Chung / Bloomberg Photographer: Jean Chung / Bloomberg …
Read More »Solar Stocks Sink Under Proposed Changes to California Rules
Text size Joe Raedle / Getty Images Federal subsidies have made installing solar panels on your roof more affordable over the past decade. But state-by-state rules are important too, and a potential …
Read More »Betting on the post-pandemic boom? Bank of America has 17 stock recommendations
Here’s a possible all-clear sign. COVID-19 is no longer a “tail risk” for investors, the first time since February 2020, Bank of America says in its latest survey of fund managers. A …
Read More »Texas grid operator discussed financing with Goldman as power buyers resist payment shortfall
The Texas grid operator has been in talks with financial institutions, including Goldman Sachs Group Inc., about possible financing options to address a deficit of more than $ 3 billion in electricity …
Read More »