Warren Buffett Sees Natural Gas Sticking Around for a Long Time
(Bloomberg) — Warren Buffett’s $9.7 billion bet on natural gas looks even more contrarian today. As Democrat Joe Biden unveils a staggering $2 trillion clean-energy plan—the most ambitious climate package ever offered by a presumptive presidential…
Stock Market News for Jul 10, 2020
Wall Street closed mixed on Thursday growing concerns about the second wave of the coronavirus dented investors’ confidence. However, the technology sector continued its rally. The Dow and the S&P 500 ended in red while the Nasdaq Composite…
Biden Shows He Gets It on Clean Energy
(Bloomberg Opinion) — As governments gear up to spend vast sums to deal the economic fallout from the coronavirus, the world has an unprecedented opportunity to land a big blow against climate change by investing in clean energy and green…
Biden to Call for $2 Trillion in Spending on Clean Energy
(Bloomberg) — Joe Biden on Tuesday will call for setting a 100% clean-electricity standard by 2035 and investing $2 trillion over four years on clean energy, three people familiar with his plan said Monday. The Democratic nominee’s new commitments…
Commercial Energy Storage Reaches Major Milestone In The U.S.
The energy storage industry is booming. This is not new news — the up-and-coming sector has been on a swift upward trajectory for quite a while, but now there are some new developments in the works that are set to catapult the industry into new…
Stocks mostly lower after Nasdaq sets record high
Stocks abruptly turned negative Thursday as fears over the economic outlook following an increase in coronavirus cases resurged. The Dow and S&P 500 wiped out its week to date gains, while the Nasdaq held higher and hit a record. [Click here to read…
Dow rises as vaccine hopes, better than expected earnings buoy stocks
Stocks rose Wednesday after a strong set of earnings results before market open added to earlier hopes for a coronavirus vaccine. The Nasdaq traded choppily, however, as the big-tech FAANG stocks wavered. Cruise line, air line and other travel stocks…
Burnt Banks Claim Fraud, Fabrications in Asian Oil-Trading Web
(Bloomberg) — Fabricated documents, suspicious transactions and $192 million in the hole. That’s the predicament two banks claim they’ve found themselves in after funding crude oil deals in the midst of Singapore’s commodities trading meltdown. The…
Biden’s Green Plans Put the Best Ideas of His Rivals to Work
(Bloomberg Opinion) — It’s clear that the U.S. economy needs an enormous overhaul, similar in scale to the New Deal. America’s health-care system is famously dysfunctional, rent is unaffordable for too many people, infrastructure is falling…
15 Tricks to Get Your Energy Back
Tired? Relief, for most parents, is not likely on the way. At least not anytime soon. Time constraints, social pressure, a lack of safety nets — parents have their hands full without a pandemic. But add that to the mix and it’s a recipe for getting run…