The Atlantic hurricane season that starts June 1 is expected to be…...
The Atlantic hurricane season that starts June 1 is expected to be…pretty normal, according to the National Oceanic and Atmospheric Administration’s annual forecast released yesterday. For the average storm season, you can thank the once-every-few-years weather phenomenon known as El Niño, which acts as a powerful hurricane neutralizer. Don’t get too comfy, though: The agency still predicts 12–17 named storms, with potentially four of them turning into Category 3 hurricanes. Last year’s 14 named storms racked up $117 billion in damages.
In a Twitter Spaces event, Tesla CEO Elon Musk and Ford CEO Jim Farley announced that owners of Ford...
In a Twitter Spaces event, Tesla CEO Elon Musk and Ford CEO Jim Farley announced that owners of Ford electric vehicles would be able to plug in at more than 12,000 Tesla Superchargers in the US and Canada starting early next year. Tesla’s charging network is currently only available to Tesla drivers, but Musk said, “We don’t want Tesla Superchargers to be a walled garden.” Access to charging is key to spurring EV adoption: In a survey last year, 61% of respondents who hesitated to buy an EV cited charging logistics as the top barrier.
Talos Energy Sells Stake in Zama Project to Grupo Carso
A wholly-owned subsidiary of Grupo Carso has agreed to acquire a 49.9% interest in Talos Energy’s Mexican...
A wholly-owned subsidiary of Grupo Carso has agreed to acquire a 49.9% interest in Talos Energy’s Mexican subsidiary, which holds a 17.4% stake in the Zama Project offshore Mexico, the U.S. E&P said in a May 25 press release.
US stock futures fall early Friday, as investors continue to await progress on debt ceiling talks. Data...
US stock futures fall early Friday, as investors continue to await progress on debt ceiling talks. Data on personal income, consumer spending and sentiment, and durable goods is also due this morning. Check out the latest market moves.
Earnings on deck: Lowe's, Glencore, and more, all reporting.
Benchmark U.S. crude oil for July delivery fell...
Benchmark U.S. crude oil for July delivery fell $2.51 to $71.83 a barrel Thursday. Brent crude for July delivery fell $2.10 to $76.26 a barrel.
Wholesale gasolinefor June delivery fell 5 cents to $2.67 a gallon. June heating oilfell 6 cents to $2.35 a gallon. June natural gasfell 9 cents to $2.31 per 1,000 cubic feet.
