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Energy Transfer LP stock rises Friday, still underperforms market
Shares of Energy Transfer LP ET rallied 1.84% to $12.15 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 2.56% to 10,569.29 and the Dow Jones Industrial Average DJIA rising 2.13% to 33,630.61. This was the stock’s third consecutive day of gains. Energy Transfer LP closed $0.80 below its 52-week high ($12.95),…
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#article_normal#energy#ENERGY TRANSFER#Energy Transfer LP#ET#Friday#Market#rises#Stock#Transfer#underperforms#US:ET
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Classified documents found at Mike Pence's Indiana home
Former Vice President Mike Pence speaks during an event to promote his new book at the conservative Heritage Foundation think tank on October 19, 2022 in Washington, DC.
Chip Somodevilla | Getty Images
Lawyers for former Vice President Mike Pence said a “small number” of classified documents were found at his home in Carmel, Indiana, last week.
Pence’s lawyers notified the National Archives and…
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#Breaking News: Politics#business news#classified#crime#Documents#Donald Trump#Elections#home#Indiana#Joe Biden#Laws#Mike#Mike Pence#Pences#politics
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JPMorgan's Kolanovic sees correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally.
Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, telling investors he’s “outright negative” on the market.
“Fundamentals are deteriorating. And, the market has been moving up. So, that has to clash at some point,”the firm’s chief market strategist and global…
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#Technology#Asia News#Bonds#business news#China#Consumer spending#correction#covid-19#Crude oil markets#DXY US Dollar Currency Index#Earnings#Economy#Employment costs#Energy industry#Federal Reserve Bank#hard#High-yield bonds#INFLATION#Interest Rates#Investment strategy#Jerome Powell#Jobs#JPMorgans#Kolanovic#landing#LAYOFFS#markets#Monetary policy#NASDAQ Composite#Recessions and depressions
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Brits are being paid to cut power use, as cold snap threatens supply
The sun rises over frost-covered houses in December 2022 in London, England. Cold weather has returned in January, causing the U.K. power supplier to offer financial incentives for households to cut use at peak times.
Leon Neal | Getty Images News | Getty Images
LONDON — More than a million British households and businesses are being offered cash incentives to cut their energy consumption during…
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#Brits#business news#Centrica PLC#Cold#Cut#Drax Group PLC#Electricite de France SA#energy#Oil and Gas#Paid#Power#snap#supply#threatens#Utilities
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Uber Freight cuts 150 jobs, about 3% of the unit's head count
Uber Freight has laid off 150 employees, or about 3% of the segment’s total head count.
The layoffs affect the division’s digital brokerage team, Uber Freight CEO Lior Ron said Monday in a message viewed by CNBC. They are the first layoffs since 2020, in the early weeks of Covid lockdowns.
Uber launched its freight unit in 2017 with a belief that trucking companies and laden goods could be…
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#Technology#Alphabet Class A#Amazon.com Inc#Autos#business news#Count#Cuts#Dara Khosrowshahi#fintech#freight#Investment strategy#Jobs#Meta Platforms Inc#Microsoft Corp#Transportation#Uber#Uber Technologies Inc#Units
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We're using our home appliances wrong. Some energy-saving tips are myths
January 24, 2023 at 6:30 a.m. EST
(Rob Dobi for The Washington Post)
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When I was a kid, my dad followed behind me, shutting off the incandescent lights I left burning around the house. “You’re wasting energy,” he’d scold as I tried to slip out of the room. He was right, of course. In the 1980s, 5 to 10 percent of an average household’s electricity bill went to…
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Analyst sees market making a big mistake with the energy transition
The pace of change in the modern world is often rapid and dizzying. Technologies that seem integral to our lives can, in what feels like an instant, become redundant and irrelevant.
Energy is one sector where innovation and new ideas matter a great deal, as countries and companies try to find ways to shift to a society based around renewables like wind and solar rather than fossil fuels like…
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#AES Corp#Analyst#Banks#big#business#business news#CEO#Climate#Davos#energy#Making#Market#mistake#Sees#Switzerland#Transition
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Poor petroleum downstream investments worsening fuel scarcity - Pinnacle Oil CEO Mbah
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Poor petroleum downstream investments worsening fuel scarcity – Pinnacle Oil CEO Mbah – Businessday NG
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Bulk carrier takes on water in engine room while moored off Mackay coast
A bulk carrier estimated to be about 300 metres long has taken on water off the coast of Mackay in Queensland’s north.
A distress call was made before midday for the bulk carrier Frontier Unity while the ship was waiting to moor at Hay Point in a coal-loading zone.
A Maritime Safety Queensland (MSQ) spokesperson said the were 24 people on board the ship, which was located about 15 nautical miles…
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Ukraine latest: Japan insurers to make LNG ships in Russian waters pay 80% more
The Russian invasion of Ukraine that began in February 2022 continues, with casualties rising on both sides.
Ukrainian forces are mounting a strong counteroffensive against Russian troops, reclaiming territory lost when Moscow launched its invasion.
Ukraine has managed to withstand the Russian onslaught with the help of Western military aid, but President Volodymyr Zelenskyy regularly calls on…
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City to get biggest floating solar plant in Sec 39 today : The Tribune India
Tribune News Service
Sandeep Rana
Chandigarh, January 22
In a major push for power generation, the city is going to get its biggest floating solar power plant at the Sector 39 waterworks and another one at the Dhanas lake here tomorrow. Punjab Governor and UT Administrator Banwarilal Purohit will inaugurate these projects tomorrow.
Major push
The 2 MWp floating power plant at the waterworks will…
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General Fusion squeezes out milestone in harnessing energy of stars
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Fusion, the forcing of hydrogen atoms together under enough pressure to fuse, is the reaction that powers the sun.
A rendering of the interior of General Fusion’s demonstration plant being built at the U.K. Atomic Energy Authority’s Culham Centre for Fusion Energy near London. SunMedia
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That nuclear fusion, a grail of clean…
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Energy Transfer LP Announces Cash Distributions on Series C, D and E Preferred Units
DALLAS–(BUSINESS WIRE)–Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.4609375 per Series C Preferred Unit (NYSE: ETprC), the quarterly cash distribution of $0.4765625 per Series D Preferred Unit (NYSE: ETprD), and the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE). These cash distributions will be paid on February 15, 2023 to…
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Jeff Zients reportedly will be Biden’s next chief of staff
Jeff Zients, the White House’s Covid-19 response czar, speaks during a press briefing at the White House where they spoke about a pause in issuing the Johnson & Johnson Janssen Covid-19 vaccine on April 13, 2021, in Washington, DC.
Brendan Smialowski | AFP | Getty Images
Jeff Zients will serve as President Joe Biden’s next chief of staff, according to media reports on Sunday.
Zients, who helped…
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Biden home search by FBI finds more classified documents
The FBI found more classified documents at the Wilmington, Delaware, home of President Joe Biden during a consensual search Friday that lasted nearly 13 hours, his personal lawyer and a prosecutor said Saturday evening
The discovery was the fourth time since November that classified records or material has been found at a private address of Biden’s.
His personal lawyer Bob Bauer, in a statement,…
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#Biden#Breaking News: Politics#business news#classified#Documents#Donald Trump#FBI#finds#home#Jill Biden#Joe Biden#Laws#politics#Search
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More good news on natural gas findings: Erdoğan
More good news on natural gas findings: Erdoğan
ERZURUM
President Recep Tayyip Erdoğan has said he will give more good news regarding Türkiye’s newly found massive natural gas reserves in the Black Sea after a weekly cabinet meeting on Dec. 26.
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“We are working day and night to link the gas we have found in the Black Sea to our national gas distribution system. Thanks God, we will share the new good news on this issue with our…
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Russian Oil: While India makes most of Russian oil price cap, the sanctions could backfire on the West
Russian Oil: While India makes most of Russian oil price cap, the sanctions could backfire on the West
The economic and human cost of the Russia-Ukraine war is increasing. However, instead of finding a negotiated settlement of the Russia-Ukraine dispute, there is an effort to cap the price of Russian oil exports. Such a measure can jeopardise the nascent post-Covid economic recovery due to shortage of energy in advanced economies while this may or may not pressurise Russia to stop war. Meanwhile,…
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#backfire#Cap#Crude#India#Oil#Price#Russia#Russian#Russian oil#russian oil price cap#Sanctions#Ukraine#West
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