Coal from a mine is stacked at Hay Point, Queensland, Australia. Fairfax Media via Getty Images via Getty Images Golden Energy and Resources—controlled by the Widjaja family—has completed its acquisit...
Tag: Resources
The Cruise Crowd Is Back, Even if Investors Aren’t. Here’s Why It May Be Time to Take a Plunge.
Few sectors absorbed as much pain as the cruise industry during the pandemic, which shut down sailing operations in the U.S. from March 2020 through last June. Shares of the big three cruise operators...
Surging Fertilizer Costs Are Pushing Food Prices Higher
Fertilizer costs have roughly doubled from a year ago as the war in Ukraine disrupted the flow of supplies from Russia, the world’s largest exporter of the commodity. That has contributed to higher gl...
Why did the stock market fall? Dow finishes nearly 1,000 points lower in worst day since October 2020
U.S. stocks fell sharply on Friday to suffer their biggest one-day drop since 2020, as investors continued to weigh hawkish comments on interest rates a day earlier by Federal Reserve Chairman Jerome ...
D.R. Horton announces acquisition of Vidler Water Resources
America’s builder, D.R.Horton Inc (NYSE: DHI), announced a purchase agreement whereby it’ll acquire Vidler Water Resources (NASDAQ: VWTR). The two companies executed a definitive merger agreement wher...
Marathon Digital Plans To Move Its Bitcoin Mining Operations Towards Carbon Free Power Resources
Inside its cryptocurrency legal regime, the European Union, on either hand, opted against this. Crypto mining was listed as a source of carbon emissions in the Intergovernmental Panel on Climate Chang...
These 10 stocks in the S&P 500 soared at least 8% after the Fed made its big move — but only 3 have gains for 2022
Wednesday turned into a big day for stocks — the S&P 500 index had its largest one-day percentage gain in nearly two years — after the Federal Reserve raised the federal funds rate by half a perce...