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New wind and solar generation costs fall below existing coal plants

New wind and solar generation costs fall below existing coal plants

Estimates jeopardise Trump’s hopes of reviving mining industry in US

Published 1 second ago

ThyssenKrupp issues second profit warning as cartel probe deepens

ThyssenKrupp issues second profit warning as cartel probe deepens

Setting-aside of provisions signals steel division inquiry has become more serious

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Appeals Court Rules Against Trump on Canceling DACA Protections

Appeals Court Rules Against Trump on Canceling DACA Protections

An appeals court rejected the Trump administration’s bid to move ahead with its cancellation of a program that protects undocumented immigrants who came to the U.S. as children.

Published 1 month ago

Chevron Stayed in Venezuela Long After Rivals Quit. It’s Having Second Thoughts

Chevron Stayed in Venezuela Long After Rivals Quit. It’s Having Second Thoughts

It’s both a moral and commercial choice. Profits are drying up amid corruption and a social and economic crisis. Chevron has weighed leaving, given the taint of working with the Maduro government, but fears a withdrawal could make things worse for the country.

Published 1 month ago

Walt Disney Posts Record Annual Profit

Walt Disney Posts Record Annual Profit

Disney turned in a strong financial performance in the latest period, as its parks-and-resorts and studio-entertainment segments helped it deliver record profit and revenue for the year.

Published 1 month ago

Brian Kemp Resigns as Georgia Election Head to Plan for Governor Job; Stacey Abrams Not Conceding

Brian Kemp Resigns as Georgia Election Head to Plan for Governor Job; Stacey Abrams Not Conceding

Republican Brian Kemp, the self-declared winner of Georgia’s contentious gubernatorial election, announced he was resigning as secretary of state to focus on the transition to his new office. The move follows calls by Ms. Abrams and others to step down so he wouldn’t oversee an election in which he was a candidate

Published 1 month ago

Strong US economy puts Fed on track for December rate rise

Strong US economy puts Fed on track for December rate rise

Central bank maintains target range at 2 to 2.25 per cent

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US oil enters bear market

US oil enters bear market

WTI trading 20% below October high as supply concerns ease

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Senate, House Seats Remain Unclaimed as Vote Counting Continues

Senate, House Seats Remain Unclaimed as Vote Counting Continues

Democrat Lucy McBath unseated Republican incumbent Karen Handel in Georgia’s sixth congressional district, adding to the Democrats’ new majority in the House with more than a dozen contests still undecided.

Published 1 month ago

Election Shifts Health-Care Landscape Across the U.S.

Election Shifts Health-Care Landscape Across the U.S.

The midterms abruptly shifted the health-care landscape across the country, strengthening the position of the Affordable Care Act and resulting in a divided Congress that could mean most changes unfold on the state level.

Published 1 month ago

U.S. Oil Enters Bear Market on Rising Inventories, Worries of Oversupply

U.S. Oil Enters Bear Market on Rising Inventories, Worries of Oversupply

U.S. oil prices traded in bear-market territory intraday Thursday, with prices declining for a ninth straight session on worries over rising U.S. crude oil inventories and concerns of a global supply surplus that could overwhelm demand.

Published 1 month ago

Fed Holds Rates Steady, Signals More Rate Increases Ahead

Fed Holds Rates Steady, Signals More Rate Increases Ahead

The Federal Reserve held short-term interest rates steady Thursday and offered a mostly upbeat assessment of the economy’s performance, suggesting another rate increase is likely at its next meeting.

Published 1 month ago

Justice Ruth Bader Ginsburg Is Hospitalized After Fall

Justice Ruth Bader Ginsburg Is Hospitalized After Fall

Supreme Court Justice Ruth Bader Ginsburg fell in her office and fractured three ribs, causing the 85-year-old justice to miss the formal investiture of Brett Kavanaugh.

Published 1 month ago

Saudi Arabia, OPEC’s Anchor, Ponders a Future Without the Cartel

Saudi Arabia, OPEC’s Anchor, Ponders a Future Without the Cartel

Saudi Arabia’s top government-funded think tank is studying the possible effects on oil markets of a breakup of OPEC, a remarkable research effort for a country that has dominated the oil cartel for nearly 60 years.

Published 1 month ago

Election Shifts Health-Care Landscape Across the U.S.

Election Shifts Health-Care Landscape Across the U.S.

The midterms abruptly shifted the health-care landscape across the country, strengthening the position of the Affordable Care Act and resulting in a divided Congress that could mean most changes unfold on the state level.

Published 1 month ago