The emerging US clean hydrogen industry is essentially in limbo until...
The emerging US clean hydrogen industry is essentially in limbo until the Biden administration finalizes the Inflation Reduction Act's related guidance and concerns over the potential role of blue hydrogen projects that utilize natural gas and carbon capture continue to gain momentum. A case in point is the Appalachian Regional Clean Hydrogen Hub. Local stakeholders and environmental organizations are urging the Energy Department to halt negotiations to hash out concerns about the project's environmental footprint.
Julian Assange will go free after pleading guilty. The...
Julian Assange will go free after pleading guilty. The WikiLeaks founder, who’s been pursued by the US since publishing a trove of sensitive classified documents in the 2010s, has agreed to plead guilty to a single felony charge of illegally obtaining and disclosing national security material. And if all goes to plan, Assange will be sentenced to the time he has already served in a British prison while fighting extradition to the US and allowed to return to his native Australia, ending a saga that’s created political headaches for the government. He’s scheduled to appear in a US federal court in the Northern Mariana Islands tomorrow morning to enter the plea and is then expected to hop a flight to Oz.
Infowars, Alex Jones’s conspiracy media platform, would be shut down and liquidated under a plan being drafted by the trustee overseeing Jones’s assets in the wake of his bankruptcy filing to pay the massive defamation verdict he owes to families who lost loved ones in the Sandy Hook school shooting.
Target has made a deal with Shopify in an effort to bring trendier sellers to its third-party marketplace.
Novo Nordisk plans to spend $4.1 billion to build a facility in North Carolina to boost its ability to make Wegovy and Ozempic.
Louisiana has been sued by civil rights groups that claim its new law requiring the Ten Commandments to be displayed in public school classrooms is unconstitutional—a development the law’s backers expected.
Actor Tamayo Perry, best known for roles in Pirates of the Caribbean and Hawaii Five-0, died in a shark attack Sunday at age 49.
The Florida Panthers denied the Edmonton Oilers 2–1 in Game 7 to win their first Stanley Cup.
IEA: EV Growth Could Displace Up to 12 MMbbl/d by 2035
A rapid uptick in electric vehicle (EV) usage—especially in the U.S.,...
A rapid uptick in electric vehicle (EV) usage—especially in the U.S., the EU and China—could displace up to 12 MMbbl/d of oil demand by 2035, the International Energy Agency (IEA) said in a new June 21 report reflecting its most optimistic climate goals scenario.
Policy developments, such as new emissions standards adopted in the past year by the U.S., Canada and the EU, continue to support expectations for rapid electrification.
U.S. stocks ended mixed on Monday while Nvidia Corp. entered correction...
U.S. stocks ended mixed on Monday while Nvidia Corp. entered correction territory as the chip maker's selloff continued.
According to preliminary closing data from FactSet, the Dow Jones Industrial Average finished roughly 0.7% higher, posting a five-day winning streak. The S&P 500 closed about 0.3% lower, and theNasdaq Composite ended about 1.1% lower, as AI darling Nvidia’s slide raised concerns about whether the tech rally will continue.
The S&P 500 and the Nasdaq Composite are now in a three-session losing streak.
Nvidia’s shares ended roughly 6.7% lower on Monday, with the stock officially entering a correction — typically defined as a drop of between 10% and 20% from a bull-market high.
Nvidia’s shares closed at an all-time high of $135.58 less than a week ago, which was enough to grant the company status as the largest in the U.S. by market capitalization for one day.
