Ford to raise production as U.S. auto sales start to recover

Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022. The automaker announced Friday tha...

Cardano Launches Valentine Upgrade, Reports Input Output

Input Output reported Cardano’s Valentine launch of the new cryptographic primitives. Cardano upgraded the network with the intention of bringing greater interoperability. The upgrade would allow deve...

Brent Oil Jumps Above $86 After Russia Says It Plans Output Cut

(Bloomberg) — Oil jumped after Russia said it plans to cut March production by 500,000 barrels a day. Most Read from Bloomberg Brent crude climbed as much as 2.6% in London to trade above $86 a ...

Russia Plans to Cut March Oil Output By 500,000 Barrels a Day, Novak Says

(Bloomberg) — Russia plans to cut its March oil production by 500,000 barrels a day in response to the western price caps, said Deputy Prime Minister Alexander Novak. Most Read from Bloomberg Th...

Bitcoin Mining Firm Riot Reports Monthly Output of 740 Bitcoins in January

9 hours ago | 2 mins read Bitcoin News This is a 12 percent rise from the 659 BTC produced in December 2022. The harsh weather prompted the temporary closure of Riot’s Rockdale, Texas, plant. Riot, a ...

50% of Cardano nodes hit with disconnection bug, Input Output investigates

Input Output (IO) are investigating the cause of an apparent bug that disconnected Cardano nodes — triggering a brief outage. 50% of the network nodes disconnected, then restarted for unknown reasons ...

The Bird Calls’ Sam Sodomsky On His Exquisite New LP And Prolific Musical Output

The Bird Calls’ Sam Sodomsky. credit: Kim Chang Studio When it comes to making records on a prolific and diligent basis, the New York City-based singer-songwriter Sam Sodomsky could give Neil Yo...

Barrick Misses Gold Guidance as Output Sinks to 22-Year Low

(Bloomberg) — Barrick Gold Corp.’s bullion output slid last year to its lowest level since 2000, missing analysts’ expectations and its own target as operational woes curbed production. Most Rea...

Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply

Only in the past two years has the U.S. fully grasped that semiconductors are now as central to modern economies as oil. In the digitizing world, power tools commonly come with Bluetooth chips that tr...

MATRIX Announces AI-generated Worlds Can Be Output and Edited in Unity, Blender, Etc.: Aiming to Build a Collaborative Work Environment Between AI and Creators

TOKYO–(BUSINESS WIRE)–MATRIX Inc. (Headquarters: Chiyoda-ku, Tokyo; Representative Director: Junichi Goishi; hereinafter “MATRIX”) of the MetaReal Group has announced the capability of exporting autom...

Record Output Slump for Top US Gas Basin Worsened Power Chaos

(Bloomberg) — A record production decline in the largest US natural gas basin came just as extreme cold sent demand booming for the commodity used to heat homes and fuel power plants, exacerbati...

Oil books biggest weekly gain since October as concerns rise over Russia supplies

Oil futures rose Friday, booking strong weekly gains, as concerns grew about a drop in Russian exports following the imposition of a price cap by G7 countries earlier this month. Russia’s deputy prime...

The bright side of the chip glut: Nvidia, AMD and Intel gaming cards are cheap and very available for Christmas

Plenty of gamers have woken up on Christmas morning in the past two years feeling disappointed that there wasn’t a gaming card under the tree — the gear was too often unavailable, or selling for much ...

Putin forced to slash oil output by half a million barrels a day

russia oil – Andrey Rudakov/Bloomberg Russia is preparing to cut its oil output by tens of millions of barrels per month in response to a Western price cap that threatens the Kremlin’s revenues....

Russia Says It May Cut Daily Oil Output by 700,000 Barrels

(Bloomberg) — Russia may reduce its oil output by 500,000-700,000 barrels a day in early 2023 in response to the Group of Seven’s price cap on the nation’s crude exports, according to Deputy Pri...

Input Output CEO On Spreading “Fake News” About RIpple’s Legal Battle With SEC

Rumors about Ripple’s legal battle with the Securities and Exchange Commission (SEC) are continuously spreading in the crypto market. Input Output (IOHK) CEO Charles Hoskinson reacted to David Gokhsht...

You’re Hired! No Interview Required in Tight Labor Market

Listen to article (2 minutes) Some employers racing to snap up workers in the tight labor market are omitting a step once considered crucial to hiring: the job interview. United Parcel Service Inc. ha...

Tesla Set to Cut Shanghai Output in Sign of Sluggish Demand

(Bloomberg) — Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. Most Read...

Oil Jumps as China Loosens Curbs and OPEC+ Keeps Output Steady

(Bloomberg) — Oil surged after OPEC+ kept oil output steady, sanctions on Russian crude kicked in, and China made further progress toward reopening. Most Read from Bloomberg West Texas Intermedi...

Apple Is Looking to Move Production Out of China, Report Says

Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources. The world’s mo...

Apple Makes Plans to Move Production Out of China

In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people ...

Marvell Stock Sinks as Earnings Fall Short. Customers Are Pulling Back.

Marvell Technology shares were sinking in late trading Thursday after the data- center semiconductor firm’s earnings and outlook disappointed Wall Street. The company said makers of storage equipment ...

Chevron to Resume Venezuela Oil Output as US Eases Sanctions

(Bloomberg) — The Biden administration granted Chevron Corp. a license to resume oil production in Venezuela after US sanctions halted all drilling activities almost three years ago. Most Read f...

Opinion: This record number in Nvidia earnings is a scary sight

Nvidia Corp.’s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a questionable holiday ...

This oil company is America’s hottest stock. Why won’t its CEO pump more oil?

Vicki Hollub’s Occidental Petroleum controls the biggest piece of the most important area for oil production in the United States. Not so long ago, an oilman in a position like that—and it would’ve be...

Opinion: Oil companies can’t just ‘drill baby drill’ at will. Here’s what it really takes to ramp up energy production.

As energy prices rage, President Biden and Republicans have urged companies to increase drilling to lower oil and gasoline prices from 14-year highs. But it’s not that simple. Even after permits are a...

NASA annual economic output is triple its budget: Study

Astronauts flying on SpaceX’s Crew-5 mission for NASA stand in front of the agency’s worm logo during a countdown dress rehearsal on Oct. 2, 2022, at Kennedy Space Center in Florida. Space...

Texas Natural Gas Drops Toward Zero as Output Swamps Pipelines

(Bloomberg) — Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks, creating a regional glut of the fuel. Most Read f...

Shortages Have Turned to Gluts. These Stocks Could Benefit.

Shortages have turned into surpluses—and that’s bad news for goods producers and sellers everywhere. Still, there are some companies that could buck the trend. Companies like Nike (ticker: NKE) and Mi...

Taiwan Semi reports stronger-than-forecast profit

Third-party silicon-wafer manufacturer reported Taiwan Semiconductor Manufacturing Co. reported a stronger-than-forecast 80% increase in profit for the third quarter. The chipmaker said earnings rose ...

Exxon Improperly Fired Scientists Suspected of Sharing Information, Labor Department Finds

Listen to article (2 minutes) The Labor Department said it found Exxon Mobil illegally fired two company scientists over suspicions they shared information with The Wall Street Journal about concerns ...

OPEC+ Agrees to Biggest Oil Production Cut Since Start of Pandemic

VIENNA—The Organization of the Petroleum Exporting Countries and its Russia-led allies agreed on Wednesday to slash output by 2 million barrels of oil a day, delegates said, a move likely to push up a...