America’s Make-or-Break Week
Congress has passed a $2 trillion rescue plan but before those funds start to flow, American companies from the owner of a single liquor store in Boston to corporate giants Continue Reading
Coronavirus Slowdown in Seattle Suggests Restrictions Are Working
The Seattle area, home of the first known coronavirus case in the United States and the place where the virus claimed 37 of its first 50 victims, is now seeing Continue Reading
China Created a Fail-Safe System to Track Contagions. It Failed.
Agence France-Presse — Getty Images The alarm system was ready. Scarred by the SARS epidemic that erupted in 2002 , China had created an infectious disease reporting system that officials Continue Reading
Refiners Are Having To Pay To Produce Gasoline
When the oil markets go into a deadly tailspin as they have right now, sooner or later, everybody in the value chain starts to feel the heat keenly. Only three Continue Reading
Pipelines Ask U.S. Oil Drillers to Curb Output as Tanks Fill Up
American pipeline operators have begun asking oil producers to voluntarily ratchet back their output in the clearest sign yet that a growing glut of crude is overwhelming storage capacity. Plains All Continue Reading
More States Charge Fees for Electric Vehicles
More states are imposing special registration fees on electric vehicles, sparking complaints that the levies undermine efforts to get consumers to embrace alternative-fuel cars. Twenty-eight states charge from $50 to Continue Reading
Special Report: Five days of worship that set a virus time bomb in France
From the stage of an evangelical superchurch, the leader of the gospel choir kicked off an evening of prayer and preaching: “We’re going to celebrate the Lord! Are you feeling Continue Reading
European shares retreat as coronavirus fears intensify
European stock markets headed lower on Monday, as fears about the economic hit from the coronavirus pandemic intensified with several nations extending near-total lockdowns. The pan-European STOXX 600 index was Continue Reading
Kremlin in virus crackdown after Russians rush for ‘long weekend’
A day after President Vladimir Putin announced a nine-day paid national holiday in a bid to stem the spread of Covid 19, hotel reservations in the seaside town of Sochi Continue Reading
Russia’s Plan To Bankrupt U.S. Shale Could Send Oil To $60
As soon as U.S. shale leaves the market, prices will rebound and could reach $60 a barrel, Rosneft’s Igor Sechin said recently. As fate would have it, in what many Continue Reading