Intel said Thursday that first-quarter sales fell almost 7% to $18.35 billion, missing Wall Street expectations. Intel generated net income of $8.1 billion. Consumer demand for lower-end PCs was particularly Continue Reading
Apple executives warned that the group could sustain a hit of up to $8bn in the current quarter from headwinds including supply chain shortages and factory shutdowns in China, underscoring Continue Reading
A severe-to-exceptional drought is continuing to parch the West and the Plains, with scant rainfall and increasing temperatures desiccating the landscape in recent months. Reservoirs are scraping rock bottom, and Continue Reading
Electric power sector generation from renewable sources totaled 795 million MWh in the United States in 2021, surpassing nuclear generation. Electric power sector generation from renewable sources totaled 795 million Continue Reading
U.S. crude exports to Europe climbed in March and April as buyers across the Atlantic snapped up the country’s light sweet grades to offset the expected loss of Russian oil, Continue Reading
Meteorologists are monitoring the potential for a “triple-dip La Niña,” an unusual resurgence of cooler-than-normal sea surface temperatures in the eastern tropical Pacific. While such a phenomenon might seem remote, Continue Reading
Government data on Thursday is expected to provide evidence that the economic recovery remained on track in the first three months of the year — but you may have to Continue Reading
The United States is finally “out of the full-blown explosive pandemic phase” that has led to nearly 1 million deaths from covid-19 and more than two years of suffering and Continue Reading
Soaring fuel prices have been a boon for U.S. refiners this year. Growing demand and tightening supply are helping push refining margins even higher. American refiners are likely to continue Continue Reading
In response to Russia’s move to cut off gas to Poland and Bulgaria, the Biden administration has authorized more LNG shipments from two U.S. plants currently in the development phase. Continue Reading
