Officials investigating the oil spill that fouled Southern California beaches are focused on a small crack in the oil pipeline and the possibility that a ship's anchor caused the rupture. (Oct. 7)
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- Business Insider
America isn't running out of everything just because of a supply-chain crisis. America is running out of everything because Americans are buying so much stuff.
Claims that the US is running short on everything miss a key point. Record imports are part of the reason for the epic supply-chain congestion.
In a grassy plain in South Africa, once the world's largest gold producer, prospectors have stumbled upon a new treasure: helium.
Oil prices climbed to multiyear highs on Monday but there are no signs of the industry ramping up spending in response. Increased demand amid the global Covid recovery has contributed to rising oil prices. U.S. West Texas Intermediate futures climbed to $83.85 per barrel, their highest level since October 2014, while Brent crude oil futures touched three-year highs above $86 per barrel at one point on Monday.
ASML makes advanced semiconductor equipment. Washington is dead set on keeping it from doing business with China.
The opening of the Jio World Drive mall, spread over 17.5 acres in the Maker Maxity complex close to the upscale areas of Bandra and Khar, has injected life into India's premium retail segment.
(Bloomberg) -- Oil output in America’s most prolific shale patch is getting closer to levels seen before the pandemic-driven market crash, as crude prices surge. Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in China’s Silicon ValleyThe Biggest Public Graveyard in the U.S. Is Becoming a ParkGoogle’s CEO: ‘We’re Losing Time’ in the Climate FightHate-Speech Case Forces Japan to Confront Workplace RacismWhile total production
- Associated Press
A Spanish court has shelved a lawsuit against American treasure hunters that accused them of having destroyed an underwater archaeological site when they looted a sunken galleon for tons of precious coins over a decade ago. In 2007, the Florida-based Odyssey Marine Exploration scooped up over half a million silver and gold coins from the bottom of the Atlantic Ocean when it discovered a sunken Spanish galleon. Spain disputed the company's claim to the treasure, which was worth an estimated $500 million.
OUTSIDE THE BOX It’s embarrassing to admit in a public forum that I failed at retirement. But I’m doing so — because I think people can learn from me, and thereby avoid making the same mistakes. I spent my entire 38-year career in the banking industry.
Government plans to extract coal, oil and gas are incompatible with safe temperatures, says the UN.
- FX Empire
The crude oil markets have rallied a bit during the course of the trading session on Monday but have given back early gains as we are starting to show signs of exhaustion.
If concrete were a country, it would be the third largest emitter of greenhouse gases on Earth, behind only China and the United States.
A surge in oil prices is drawing fund managers back into shares of oil and gas companies, even as some remain unsure that the price gains will stick. Energy stocks in the S&P 500 are up 53.8% for the year to date compared with a 20.2% gain for the broader index, as rising demand from the global economic reopening collides with supply chain disruptions and inflation fears to boost energy prices to multi-year highs. The rally has caught many fund managers by surprise and some are scrambling to catch up, betting that commodity prices will remain high in the face of burgeoning demand.
The United States and ally nations should mine and process more rare earths to ensure adequate global supply of the strategic minerals for military and commercial uses, a U.S. Department of Defense official said on Tuesday. The remarks underscore the Pentagon's rising interest in public-private mining partnerships to counter China's status as the top global producer of rare earths, the 17 minerals used to make specialized magnets for weaponry and electric vehicles (EVs). "We know we cannot resolve our shared exposure to supply chain risk without a close partnership with industry," Danielle Miller of the Pentagon's Office of Industrial Policy told the Adamas Intelligence North American Critical Minerals Days conference.
Ongoing labor shortages, supply chain issues, and weather conditions are causing beef prices to skyrocket.
(Bloomberg) -- Russia is keeping a tight grip on Europe’s energy market, opting against sending more natural gas to the continent even after President Vladimir Putin said he was prepared to boost supplies.Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureThe Biggest Public Graveyard in the U.S. Is Becoming a ParkGoogle’s CEO: ‘We’re Losing Time’ in the Climate FightWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverHate-Speech Case Forc
As natural-gas prices surge, coal-fired generation in the U.S. is set to increase for the first time in seven years, a government forecast finds.
Manufacturers are rushing to replenish chip stocks depleted during coronavirus pandemic factory curbs - not least automakers who earlier cancelled orders expecting poor demand. At factories in Malaysia, operators like chip packaging firm Unisem say that drive is leading buyers that sell chips on to auto and electronics manufacturers to become willing to sign up for big price hikes, some even asking for as many assembled chips as plants can produce - whatever the cost. But Malaysia's chip assembly industry, accounting for more than a tenth of a global trade worth over $20 billion, warns that shortages - exacerbated by years of under-investment in basic chip production, while high-end semiconductors were favoured - will last at least two years.
At the end of a job interview, it's likely your interviewer will ask you if you have any questions for them -- and if you don't ask anything, this could be seen as a sign of disinterest. It's...
- Business Insider
3 reasons Texas' economy will be just fine without oil and gas - and so will the rest of the country
The Dallas Federal Reserve explains how the decline of oil and gas and the rise of green energy will affect economic growth and jobs.
- American City Business Journals
The lack of new machinists and other skilled workers in highly technical manufacturing trades has been an issue for decades. Smith & Wesson's planned move from Springfield to Tennessee is being seen as an opportunity by come companies.