A shale boom is not Trump’s gift to give
What inhibits the flow of oil is not red tape, but low prices that fail to cover costs and pay dividends
Read more at Financial Times
Topics
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Wall Street will stymie Trump’s US oil surge plan, say shale bosses
Output set to rise more slowly under new president than during Joe Biden’s termFinancial Times - 3h -
Axelrod: Late Biden pardons 'gave Trump a gift'
Democratic strategist David Axelrod said Tuesday former President Biden gave “a gift” to President Trump by pardoning his family minutes before the latter’s inauguration. Calling the move ...The Hill - 15h -
China's super app WeChat bolsters e-commerce credentials via gift-giving feature
Yahoo News - 22h -
‘Animal spirits alive’ as Wall Street bankers anticipate Trump boom
US president is expected to slash financial controls and prompt wave of dealmaking. Wall Street bankers say they are at the beginning of “go mode” as they expect Donald Trump’s return to the White ...The Guardian - 2d -
Trump's China tariff threats are helping fuel a manufacturing boom — in Mexico
The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give ...NBC News - Jan. 15 -
‘I can afford to be generous’: How much should I give my stepdaughter for her wedding gift? I want to be fair.
“I don’t have any other children.”MarketWatch - Jan. 12 -
Boeing and Google each give $1m for Trump inauguration
The US companies join other major firms donating funds for the ceremony on 20 January.BBC News - Jan. 10
More from Financial Times
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Wall Street will stymie Trump’s US oil surge plan, say shale bosses
Output set to rise more slowly under new president than during Joe Biden’s termFinancial Times - 3h -
US stocks at most expensive relative to bonds since dotcom era
Tech-fuelled equity rally throws up red flag on ‘Fed model’ for comparing valuationsFinancial Times - 3h -
Gen Z Americans are leaving their European cousins in the dust
Millennials across the west were united in their economic malaise. Their successors not so muchFinancial Times - 3h -
Trump is becoming the technoking of America
The president is surrounded by the leaders of the richest and most powerful companies in history — but their dominance may yet be checkedFinancial Times - 3h -
OpenAI struggles to price Microsoft stake in deal to become for-profit company
ChatGPT-maker in complex talks over splitting from its non-profit arm in move opposed by Elon MuskFinancial Times - 3h
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Trump is searching for potential TikTok buyers — who are the likely contenders?
After stepping in to restore TikTok in the U.S. and delaying a law that would effectively ban the app, Trump is looking for avenues to keep the popular platform afloat.CNBC - 30m -
Trump praises President Xi, says he looks forward to 'getting along with China'
During his campaign trail, Trump had floated imposing tariffs upward of 60% on Chinese goods.CNBC - 1h -
Business leaders can no longer ignore the 'north-south' climate divide, top UN official warns
The head of U.N. Global Compact spoke about the growing "chasm" between the global north and south over climate finance and adaptation.CNBC - 2h -
Charles Phan, Whose Slanted Door Elevated Vietnamese Food, Dies at 62
A culinary star familiar on TV, he married local ingredients with the food he grew up on in running an acclaimed San Francisco restaurant and its offshoots.The New York Times - 2h