Latest in Energy demand for cooling in global cities to soar, says report
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Party City Stores to Close by February, Company Says
In an internal letter, the company said inflation and changes in consumer spending had forced it to shut its more than 700 stores.The New York Times - 8h -
Party City to close all of its stores, report says
Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report.CNBC - 1d -
AI Power Needs Will Push Renewable Energy Demand, Even Under Trump, Says Bank CEO
Kevin Cronin, CEO of Mitsubishi UFJ Financial Group’s U.S. arm, says big tech’s needs will sustain clean energy efforts even under an administration with a pro-fossil fuel bent.Inc. - 1d -
Party City to close all of its stores, report says
Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report.NBC News - 1d -
Party City going out of business, starting process 'immediately': Report
Party City, once among the top names in party-supply retailers, is going out of business, according to an announcement from CEO Barry Litwin that was viewed by CNN.The Hill - 1d -
Global demand spurring Indonesia's mining boom comes at a cost for many communities
Indonesia's mining industry is rapidly expanding on demand for the minerals needed to help power the global energy transition, like nickel, cobalt and bauxiteABC News - 3d -
Global demand spurring Indonesia's mining boom comes at a cost for many communities
Indonesia's mining industry is rapidly expanding on demand for the minerals needed to help power the global energy transition, like nickel, cobalt and bauxiteABC News - 4d -
Report: Adele's song to be pulled globally amid plagiarism case, Brazilian judge orders
Adele's song 'Million Years Ago,' which has been accused of plagiarizing the samba classic 'Mulheres,' must be pulled globally, a judge ordered.Los Angeles Times - 4d -
Energy Department says unrestricted natural gas exports would spike prices
Domestic energy prices would sharply increase if the U.S. conducts unrestricted exports of liquefied natural gas (LNG), the Department of Energy said in a long-awaited report released Tuesday. The ...The Hill - 4d -
Bipartisan energy talks collapse, say Manchin, Carper, blaming House GOP
A bipartisan effort to speed up the buildout of the nation’s energy projects has failed — or at least will not be attached to a stopgap funding bill — say two key lawmakers who were involved with ...The Hill - 5d -
This in-demand job can pay over $100,000 and doesn’t require a degree—companies have a 'huge' need for it, says Google exec
Data analytics is a rapidly growing field that can offer competitive salaries and flexibility, Lisa Gevelber, a vice president at Google, says.CNBC - 5d -
Iran imposes city shutdowns over smog and energy shortages
President Masoud Pezeshkian calls on population to conserve enough gas to last freezing winterFinancial Times - 5d -
Cindy McCain says hunger is a "national security issue" amid global conflicts
Cindy McCain, the executive director of the U.N. World Food Programme, tells "Face the Nation with Margaret Brennan" that "hunger is on the forefront" of global conflicts, making it a "national ...CBS News - 6d -
Cindy McCain says hunger is a "national security issue" amid global conflicts
Cindy McCain, the executive director of the World Food Programme, said hunger is a "national security issue" amid global conflicts.CBS News - 6d -
Russia used drones, missiles for massive attack on Ukraine's energy sector, Zelenskyy says
Ukrainian President Volodymyr Zelenskyy said a Russian aerial attack using ballistic missiles and drones blasted some of the U.S. ally's power capabilities. Michael Bociurkiw, a senior fellow at ...CBS News - Dec. 13 -
Shipping giant Maersk expects strong demand and 'another year of disruption' for global trade in 2025
From Trump tariffs on China and Mexico to the threat of a U.S. ports strike, the supply chain expects another year of disruption, but also strong demand.CNBC - Dec. 13 -
RH says demand is through the roof despite ‘worst’ housing market in decades
RH said that demand for its pricey home furnishings continues unabated despite “the worst housing market in 30 years” and teased a new product line for next year.MarketWatch - Dec. 12 -
Waste Management Keeps Focus on Renewable Energy, CEO Says
Waste Management remains committed to growing its renewable-energy business as it prepares for what Chief Executive Jim Fish sees as a big surge in demand for energy over the next decade.The Wall Street Journal - Dec. 12 -
Global ETF assets soar to $15tn as shift from mutual funds gathers pace
US leads inflows as investors pour into Wall Street equitiesFinancial Times - Dec. 12 -
City should be more supportive of UK defence sector, says minister
Business secretary Jonathan Reynolds says banks and investors should shrug off ethical concerns about industryFinancial Times - Dec. 12 -
Norway campaigns to cut energy links to Europe as power prices soar
Country’s energy minister describes ‘shit situation’ as domestic prices hit highest level since 2009Financial Times - Dec. 12 -
Russia will boost global AI clout despite Western sanctions, Sberbank first deputy CEO says
Russia has the potential to significantly improve its position in global AI ratings by 2030 despite Western sanctions due to a focus on generative AI and supportive regulation, Alexander Vedyakhin, ...Yahoo Sports - Dec. 12 -
Australia's Insignia Financial soars on reports of Bain Capital buyout
Insignia's shares, which hovered around A$3.10 per share throughout the session, soared to A$3.40 in the last 10 minutes of trade settlements, as per LSEG data, propelling the stock to its highest ...Yahoo Sports - Dec. 12 -
Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada
The premier of Canada’s most populous says he will cut off energy to the United States if President-elect Donald Trump imposed sweeping tariffs on all Canadian productsABC News - Dec. 11 -
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Organized crime gangs expanded into a third of cities in Brazil’s Amazon, report finds
Criminal gangs are operating in over a third of municipalities in Brazil’s Amazon rainforest driving a boom in violenceABC News - Dec. 11 -
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Monthly rent soars by £270 since pandemic, says Zoopla
The cost of renting rose sharply after lockdown was lifted but the rate of increase is now slowing.BBC News - Dec. 11 -
Coffee prices soar to 40-year highs as global growers struggle with extreme weather
Coffee prices have reached a 40-year high, nearing $3 per pound, driven by extreme weather and climate change. Maya Eaglin reports that major producers in Brazil and Vietnam are struggling with ...NBC News - Dec. 11 -
UK regulators urged to make City firms report data on ‘class ceiling’
Letter from campaigners calls for mandatory reporting of socio-economic backgroundsFinancial Times - Dec. 8 -
Lululemon’s stock soars as 16 banks hike their price targets. One bear says sell into the rally.
The athleisure-apparel company’s pivot to bright colors seems to be working.MarketWatch - Dec. 6 -
OPEC+ oil output delay a 'reality check’ as group eyes demand, U.S. outlook, Saudi energy min says
"It's not a good idea to bring volumes in the first quarter," Saudi Arabia's Abdulaziz bin Salman assessed, with reference to demand and global uncertainty.CNBC - Dec. 6 -
Royal Caribbean’s stock is soaring and this new top bull says keep buying
Royal Caribbean’s stock is flying toward a record weekly win streak, and Wall Street’s new most-bullish analyst explains why you should keep buying.MarketWatch - Dec. 6 -
Take profits on hot IPOs and 'remain grounded' as market soars, Jim Cramer says
CNBC's Jim Cramer told investors not to get greedy and instead take profits in stocks that have run up substantially, including recent IPOs.CNBC - Dec. 6 -
What a new uranium-trading platform says about investor interest in nuclear energy
Investor interest in nuclear energy is running hot, spawning new products, including the launch this week of a blockchain-based platform that allows traders to buy and sell a tokenized version of ...MarketWatch - Dec. 5 -
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Guinness supplies being limited after demand soars
Guinness-maker Diageo has placed limits on wholesale distribution of the stout to pubs in Great Britain after "exceptional demand"BBC News - Dec. 4 -
Global Airlines Too Slow to Switch to Green Jet Fuel, Study Says
The advocacy group Transport and Environment faults carriers for slow adoption rates, and oil producers for underinvesting in the sustainable aviation gas.Inc. - Dec. 3 -
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Global arms trade soars in 2023 amid deadly conflicts
The top 100 global arms producers increased weapons and military-related sales by 4.3 percent last year, according to new research, as nations react to a more volatile and dangerous geopolitical ...The Hill - Dec. 2