In Canada, Prime Minister Mark Carney is set to unveil a new cabinet tasked with an ambitious economic agenda, including removing internal trade barriers and reorienting exports away from the US. Home sales for April will offer insight into a spring slump, while Ontario, the country’s most populous province, releases its budget.
“The president continues to roll back environmental and climate change protections, this time illegally stripping away billions of dollars for electric vehicle charging infrastructure, all to line the pockets of his Big Oil friends,” California Attorney General Rob Bonta said in a statement. New York, Washington, Colorado and Oregon are part the coalition that filed […]
Analysts and pundits have said repeatedly in recent years that shale fields in the US, the world’s top oil producer, are poised to peak. Yet, the industry has proved them wrong by innovating and driving output to fresh records year after year. So the assertion by Diamondback — the Permian’s top pure-play shale producer — […]
Buffett, the 94-year-old architect and face of Berkshire Hathaway Inc., announced that the gathering would be his last as head of the company he built from humble beginnings into one of the world’s most valuable enterprises. A few feet away, Greg Abel, the energy executive long seen as Omaha’s crown prince, wasn’t even aware his […]
Meanwhile, the US is weighing a potential easing of restrictions on Nvidia Corp. sales to the UAE ahead of a visit by President Donald Trump slated for mid-May, which could boost the UAE’s chances in the regional AI race. The US leader plans to stop in the UAE during a visit to the Middle East […]
Berkshire grew aggressively over the decades with Buffett as chairman and CEO, as he chose acquisitions and stocks for the company portfolio alongside trusted adviser and vice chairman, Charlie Munger, who died in 2023 at 99. The conglomerate acquired a bewildering assortment of businesses, which Buffett often said mirrored the US economy as a whole. […]
The initial estimate from grid operator Red Electrica was that restoring all power supply in Spain may take between six and 10 hours. By Monday evening, that was looking optimistic — at 9pm Madrid time, there was 17.3 gigawatts of demand on the grid, about two thirds the amount seen just before the blackout happened, […]
As Trump’s 2024 campaign heated up, his allies used that scaffolding. Conservatives aligned with the Heritage Foundation held dozens of listening sessions with hundreds of experts and representatives from key industries, including health care, finance, energy and agriculture. The events were run like focus groups, with leaders helping coax participants to go beyond outlining routine […]
Canada, whose tariffs aren’t affected by the temporary reprieve, is going to take it’s time, too. “We don’t have to do a deal in the short term,” Canadian Prime Minister Mark Carney told reporters Thursday, as he campaigned in British Columbia ahead of the April 28 election. “My government will do the right deal.”
So far, though, the hiring pace has cooled just a bit, and there are no signs of widespread layoffs. On Friday, the closely watched monthly employment report is forecast to show a 130,000 increase in payrolls — about 100,000 less than the larger-than-expected March gain. The jobless rate is projected to hold at 4.2%.