NEW YORK (Reuters) – U.S. home energy bills are expected to rise by 7.9% this summer as extreme heat increases cooling costs, according to a study released on Monday by the National Energy Assistance Directors Association and the Center for Energy, Poverty, and Climate. Mid-Atlantic and west coast states are forecast to have the biggest…
By Noel Randewich (Reuters) – Tesla shareholders approved CEO Elon Musk’s $56 billion pay package in a what was seen as an endorsement of his leadership, but the electric car maker’s stock remains richly valued even after several years of weakness in shares. Shareholders at Tesla’s annual general meeting on Thursday re-approved Musk’s 2018 record-setting compensation…
MOSCOW (Reuters) – Russian President Vladimir Putin on Monday sacked four deputy defence ministers and appointed a relative, Anna Tsivileva, to fill one of the vacancies. Putin sacked deputy defence ministers Nikolai Pankov, Ruslan Tsalikov, Tatiana Shevtsova and Pavel Popov, according to Kremlin decrees. He appointed Tsivileva, who Russian media said is the daughter of…
The wireless module maker’s shares fell 11.7% in their Hong Kong debut and continued to slump the next day, but still trade at an inflated valuatio…
BOGOTA (Reuters) -U.S. car maker General Motors will close its manufacturing operations in Colombia and Ecuador, the company said in a statement on Friday, as part of its shift towards producing next-generation vehicles. Manufacturing will cease at company’s Colmotores plant in Colombia from Friday, it said, while operations will halt at its factory in Ecuador…
By Patricia Zengerle WASHINGTON (Reuters) – U.S. President Joe Biden’s administration faced increasing pressure from both Republicans and his fellow Democrats on Wednesday to ease restrictions on how Ukraine can use weapons provided by the United States in its war against Russia. Senator Ben Cardin, the Democratic chair of the Senate Foreign Relations Committee, noted…
Here is how Cronos Group (CRON) and Castle Biosciences, Inc. (CSTL) have performed compared to their sector so far this year.
KYIV (Reuters) – Ukraine’s military said its troops were subjected to dozens of attacks by Russian forces on Monday around Toretsk and Pokrovsk, two settlements in eastern Ukraine where Moscow is gaining ground against embattled Ukrainian forces. In a statement, the military said Russian troops attacked Ukrainian defenders 21 times over the course of Monday…
By Aatreyee Dasgupta (Reuters) – Top U.S. steelmakers are expected to post a decline in second-quarter earnings and could face additional pressure from a further retreat in steel prices heading into a slow summer season, according to analysts. Nucor, Steel Dynamics and U.S. Steel have highlighted a fall in profitability in their steel-making operations on…
