Oregon’s three natural gas distribution utilities — all investor-owned companies regulated by the Public Utility Commission — have filed for double-digit rate increases to take effect this November as they pass along rising wholesale prices. The hikes come on top of big increases last year and an impending general rate increase of nearly 10% for NW Natural (NYSE: NWN), which serves around 80% of natural gas customers in Oregon. The Citizens’ Utility Board, which represents residential ratepayers, said the cumulative increase for NW Natural customers would amount to 42.4% since last October.
WASHINGTON (Reuters) -Boeing on Wednesday delivered its first 787 Dreamliner since May 2021, a milestone for the planemaker that has faced production problems with its widebody jet. American Airlines said it had taken delivery of its first Boeing 787 Dreamliner since April 2021, sending shares up 4.5%. American Airlines Chief Executive Robert Isom in an Instagram post reiterated the airline expects to receive nine 787s in 2022.
- Poets & Quants
From nimbu pani carts to taking Kerala’s banana chips to the rest of India, here are five MBA graduates who ditched the traditional corporate job route and followed their true love — food. ... The post 5 Indian MBAs Who Left Corporate Jobs To Follow Their Hearts appeared first on Poets&Quants.
- Footwear News
The announcement marks Walmart's latest investment in its supply chain.
U.S. gas futures jumped about 8% on Thursday on talk of increased gas flows to the Freeport LNG plant, a drop in gas output and forecasts for more demand for the fuel over the next two weeks than previously expected. Freeport LNG started to pull in small amounts of pipeline gas to feed a power plant that sold electricity to the Texas grid in mid-July. Meanwhile, Freeport LNG retracted the force majeure it initially declared after the explosion in June, a development that could cost its buyers billions of dollars in losses.
Billionaire Mark Cuban is the latest celebrity on the receiving end of investor ire. A group of Voyager Digital customers filed a class-action suit in Florida federal court against Cuban, as well as the basketball team he owns, the Dallas Mavericks, alleging their promotion of the crypto platform resulted in more than 3.5 million investors losing $5 billion collectively. Voyager Digital's CEO, Stephen Ehrlich, was also named as a defendant in the suit.
- The New Voice of Ukraine
There is no path out of economic oblivion for Russia as long as the allied countries remain unified in maintaining and increasing sanctions pressure against Russia, five Yale University scientists said in an August 2022 study.
- Business Insider
The three Rs explain why oil prices have fallen from their June highs: Recession worries, Russian resilience, and retreating demand.
(Bloomberg) -- Tudor Brown, the former president of Arm Ltd., has resigned from the board of Semiconductor Manufacturing International Corp., stepping away from the Chinese chipmaker that has been hit with US sanctions.Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsGarland Seeks to Unseal Trump Warrant, Says He Approved SearchChina Has Painted Itself Into a Semiconductor CornerThe Snowballing US Rental Cris
Crude prices fell earlier today, but bounced back after the EIA reported a large build in crude stocks, but a large draw in gasoline inventories
- In The Know by Yahoo
One brave TikToker is daring to say what few would admit in this cultural climate: Working at Staples is actually pretty sweet.
Walt Disney Co. plans to raise prices on various streaming offerings as it gears up for the Dec. 8 launch of an ad-supported tier, marking the latest sign that the streaming market isn't what it used to be.
(Bloomberg) -- Europe’s natural gas stockbuild is running about nine weeks ahead of last year, reducing the leverage available to Russian President Vladimir Putin through his country’s exports to the region.Most Read from BloombergMusk Sells Another $6.9 Billion of Tesla Ahead of Twitter TrialUS Inflation Runs Cooler Than Forecast, Easing Pressure on FedUK Plans for Blackouts in January in Emergency Energy PlanRussia Is Scouring the Globe for Weapons to Use Against UkraineDozens in China Infecte
(Bloomberg) -- Inflation is wreaking havoc on breakfast, with egg prices at grocery stores soaring a whopping 47% in July over last year, according to retail analytics firm Information Resources Inc.Most Read from BloombergMusk Sells Another $6.9 Billion of Tesla Ahead of Twitter TrialUS Inflation Runs Cooler Than Forecast, Easing Pressure on FedDozens in China Infected With New ‘Langya’ Virus Carried by ShrewsRussia Is Scouring the Globe for Weapons to Use Against UkraineUK Plans for Blackouts
- National Review
The IRS deleted a job posting Wednesday seeking a Special Agent "willing to use deadly force" for its law enforcement division, Criminal Investigation (CI). The deletion came amid renewed scrutiny of the IRS in response to a Democrat-backed spending bill that would double the size of the agency.
Here are 3 proven ways to get rich during a recession — without having to risk a bunch of money to do it
Don’t suffer through the downturn. Take advantage of it, instead.
- The Telegraph
Quantum computing – the idea that the weird world of quantum mechanics can be harnessed to make faster computers able to solve problems that traditional ones cannot – has always sounded impossibly futuristic. So you may be surprised to hear that you can go on to one computer company’s website and start to use its quantum computers, via the “cloud”, right now.
A job interview can be super stressful, so once it’s over, it’s only natural to want to put it out of your mind and just hope you get the position. But even after that grueling Q&A and sample assignment, you’re not done! There are still things you can do to increase your chances of getting hired. As an added bonus, these steps will improve your interview skills in future job searches. It’s crucial to be prepared, but to increase your chances of getting hired, these are the four things you can do
- Business Insider
Discounts on Russian crude oil are shrinking as Moscow regains pricing leverage in a tight energy market
Prices for oil from Russia's Far East are now at parity with Dubai crude after previously trading at a $20 discount to Asia's benchmark price.
- Portsmouth Herald
The prospect of tax-free retirement income is obviously very attractive, but it does not mean that everyone should move their traditional IRA balances into Roth accounts.
Petroleos Mexicanos (Pemex) has made progress in talks with global energy trader Vitol about resuming trading ties that broke down last year during a bribery scandal, and the companies must iron out some issues such as compensation for damages Mexico's state oil company suffered, two sources at Pemex said. The sources at Pemex did not offer details on how the damages from the scandal would be calculated or give an estimate. Vitol and Pemex declined to comment.