The Securities and Exchange Commission has decided to allow Amazon.com Inc.’s AMZN, -6.96% shareholders to vote on a proposal requiring the company to prepare a report assessing the extent to which th...
Tag: Natural Environment
Gloomy Goldman offers 20 ‘safety’ stocks with valuations below the previous 2 bear markets
It’s tight quarters in Wall Street’s bear sleuth these days. Goldman Sachs just downgraded their 2022 U.S. growth forecast (to 2.4% from 2.6%) and 2023 (to 1.6% from 2.2%), as senior chairman Lloyd Bl...
Poland says Russia warned that natgas supply will stop on Wednesday
Russia will halt natural gas flows to Poland on Wednesday in an escalation in the standoff between Moscow and Europe over energy supplies and the war in Ukraine, according to news reports Tuesday. Rus...
The news coming from this giant volcano is even gloomier than the new forecasts from the IMF and World Bank
Investors love looking at esoteric indicators for clues on how the economy is performing, and therefore how stocks, bonds and other assets will trade. How about looking at carbon dioxide emissions? Th...
Utilities Plan Huge Electric Grid Upgrades, Adding to Power Bills
American utilities are planning their biggest spending increases in decades to upgrade aging grids, prepare for electric vehicles and make the transition to renewable energy—moves poised to further bo...
Opinion: Why the United States is reluctant to become the Saudi Arabia of natural gas
OXFORD, England (Project Syndicate)—With images of Russian aggression and war crimes in Ukraine continuing to dominate the media in Europe and around the world, Germany has pledged to cut its imports ...
Opinion: Ukraine war is a wake-up call to ditch oil and gas forever
That invasion, and the subsequent U.S. ban on oil imports from Russia, are partly responsible, but they aren’t the only reason. According to the U.S. Energy Information Administration, the impact of t...
Oil suffers ‘spectacular’ collapse, falls into bear market territory just 5 days after settling at nearly 14-year highs
U.S. and global benchmark crude oil entered bear market territory on Tuesday, just five trading days after they settled at their highest prices since 2008. “The collapse has been spectacular,” Fawad R...
Elon Musk Says Bill Gates has a $500 million short position in Tesla
Tesla CEO Elon Musk is irked at Bill Gates. He doesn’t see how Gates, a leading proponent of sustainable energy, could possibly sell Tesla’s stock short. And Musk says Gates is doing just that. In a t...