Newsletter
Oil is stabilizing as Hurricane Ida weakened, OPEC + in focus
Oil prices stabilized on Monday, relinquishing much of its earlier surge to a four-week high as Hurricane Ida weakened after stalling oil production in the Gulf of Mexico and OPEC + a planned hike Promised oil production. Within 12 hours of arriving at the …
Electricity for 500 households
Tesla Inc. (NASDAQ: TSLA) recently announced that it will partner with Japanese companies to develop an energy storage center in Hokkaido that will help stabilize power systems as demand for renewable energy continues to grow. The US-based company will work …
"We are open to business"
Companies interested in becoming New Mexico state licensed marijuana producers can apply now. The move comes a day after New Mexico released final rules for cannabis producers. On Wednesday, the Cannabis Control Division announced that interested parties can …
Alphabet Inc fined Google again
Alphabet Inc. (NASDAQ :GEL) Google has been fined $ 80,881 by Russia for failing to delete content that the government believes is illegal. This is the second time that the American technology company has been given such a penalty within seven days. In the …
Crude oil production down by 400,000 barrels
Mexico's state-owned oil company Pemex has resumed part of its oil production that was interrupted after Sunday's fatal fire that killed seven people. However, the pace of resumption of production could be slower than expected due to technical issues such as: …
Kathy Hochul swears by the legal cannabis industry
With former Governor Andrew Cuomo stepping down and new Governor Kathy Hochul taking office, the legal marijuana industry in New York could soon be moving much faster. Hochul has vowed to kickstart the state's legal marijuana industry, which had stalled under …
Facebook Inc. takes action against "disinformation dozen"
Facebook Inc. (NASDAQ: FB) announced that it has taken action against the "Disinformation Dozen" a month after the White House identified twelve people allegedly responsible for most of the coronavirus misinformation. Monika Bickert, vice president of content …
Aluminum reaches record level
Aluminum prices rose to their highest level in more than three years on Friday as supplies from major producer China escalated after the country's Xinjiang region imposed production restrictions on five smelters. The reference price for aluminum on the London …
Uber's partnership with Gopuff put to the test
According to a new report, the Federal Trade Commission is investigating the recent partnership between grocery delivery company Gopuff and ride sharing giant Uber Technologies Inc. (NYSE: UBER). In May, Gopuff decided to offer its food and spirits products at …
High in the mail
The Canadian company Aurora Cannabis has delivered its first shipment of medical marijuana to France through a subsidiary, which will be used as part of the pilot program there. The company announced this this week. According to reports, the country's program …