Sunday, December 22

Tag: products

Fog at Chicago’s Midway Airport Is a Blip in Otherwise Smooth Christmas Travel Weekend
24Dec By adminNo Comments
World

Fog at Chicago’s Midway Airport Is a Blip in Otherwise Smooth Christmas Travel Weekend

Updated Dec. 24, 2023 6:48 pm ETAn overall smooth weekend of holiday travel ran into a hiccup as dense fog made it harder for flights to reach Chicago’s Midway International Airport before Christmas Eve. Southwest Airlines accounts for over 90% of Midway’s passengers and was the hardest hit as the Federal Aviation Administration stopped or slowed Midway-bound flights Saturday night and throughout much of Sunday. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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OPEC Is Losing Its Mojo on Wall Street
23Dec By adminNo Comments
Money

OPEC Is Losing Its Mojo on Wall Street

Throttling back on oil production hasn’t helped OPEC and its allies to push up crude prices lately.At least four times in the past 15 months, members of the alliance known as OPEC+ have slashed oil output, only for prices to soon retreat anyway. A surge near $100 a barrel petered out earlier this year, and crude futures tumbled 10% in the two weeks after the coalition announced a roughly 5% reduction on Nov. 30.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The Houthi Assault on Global Shipping
17Dec By adminNo Comments
World

The Houthi Assault on Global Shipping

The press is reporting that the Biden Administration is contemplating the use of military force in response to continuing attacks on commercial shipping by the Houthi militia in Yemen. It’s about time. The Houthi missile attacks pose the most significant threat to global shipping in decades, and they will continue unless a global coalition unites to stop them.The USS Carney, a destroyer operating in the Red Sea, shot down no fewer than 14 attack drones launched from Houthi-controlled territory in Yemen on Saturday. A British warship shot down a Houthi drone after it was dispatched to the region to protect commercial ships. This follows weeks of similar attacks that U.S. warships have felt obliged to intercept to protect themselves and other ships.Copyright ©2023 Dow Jones & Company, I...
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Tesla’s Self-Driving Tech Has Competition
16Dec By adminNo Comments
Money

Tesla’s Self-Driving Tech Has Competition

Dec. 16, 2023 10:00 am ETA mass recall of Tesla’s Autopilot feature and crisis at General Motors’ autonomous-taxi business might give the impression that self-driving cars have hit a roadblock. In fact, the technology is on the cusp of much wider adoption. Just don’t expect it to change your life immediately—or the economics of making cars.On Wednesday, the National Highway Traffic Safety Administration recalled more than two million Teslas equipped with Autopilot, which steers them automatically and matches their speed to surrounding traffic. But the news wasn’t as bad as the number makes it sound, either for Tesla’s profit or for its driver-assistance technology.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Tesla’s Self-Driving Tech Has Competition
16Dec By adminNo Comments
World

Tesla’s Self-Driving Tech Has Competition

Dec. 16, 2023 10:00 am ETA mass recall of Tesla’s Autopilot feature and crisis at General Motors’ autonomous-taxi business might give the impression that self-driving cars have hit a roadblock. In fact, the technology is on the cusp of much wider adoption. Just don’t expect it to change your life immediately—or the economics of making cars.On Wednesday, the National Highway Traffic Safety Administration recalled more than two million Teslas equipped with Autopilot, which steers them automatically and matches their speed to surrounding traffic. But the news wasn’t as bad as the number makes it sound, either for Tesla’s profit or for its driver-assistance technology.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Credit Agricole to Stop Financing New Fossil Fuel Extraction Projects
14Dec By adminNo Comments
World

Credit Agricole to Stop Financing New Fossil Fuel Extraction Projects

Credit Agricole said it aims to achieve carbon neutrality by 2050 and that it won’t finance any new fossil fuel extraction projects.The French lender said Thursday it expects to increase 80% of its exposure to low carbon energies through 2025 totalling 13.3 billion euros ($14.46 billion).Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Former Warburg Pincus Executives’ New Firm Seeks $750 Million for Oil-and-Gas Bets
13Dec By adminNo Comments
World

Former Warburg Pincus Executives’ New Firm Seeks $750 Million for Oil-and-Gas Bets

Updated Dec. 13, 2023 2:34 pm ET|WSJ ProCovalence Investment Partners, a new firm founded by two former executives of Warburg Pincus, is seeking $750 million to invest in the oil patch, pitching its debut fund as an opportunity to buy mature fields at bargain prices.David Habachy and David Krieger, who launched Covalence early this year, both previously worked as managing directors at Warburg and led investments in oil and gas for the New York private-equity firm, according to a fund-marketing presentation viewed by WSJ Pro Private Equity. Warburg has sold several of its oil-and-gas holdings in the past year or so, as it retreats from the sector. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Tesla Recalls More Than Two Million Vehicles Amid Probe Into Autopilot Crashes
13Dec By adminNo Comments
World

Tesla Recalls More Than Two Million Vehicles Amid Probe Into Autopilot Crashes

Updated Dec. 13, 2023 10:21 am ETTesla will recall more than two million vehicles over concerns its Autopilot system can be misused by drivers, amid a two-year probe by U.S. auto-safety regulators into crashes involving the driver-assistance technology.The recall covers some Tesla Models 3, S, X and Y sold in the U.S. between 2012 and 2023, the National Highway Traffic Safety Administration said Tuesday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Netflix Releases Full Viewership Data for First Time
12Dec By adminNo Comments
World

Netflix Releases Full Viewership Data for First Time

Updated Dec. 12, 2023 4:02 pm ETNetflix released its first-ever engagement report, revealing the viewership of its top programming through the first six months of the year.The streaming giant has previously declined to release specific data on viewership of all its programs. The engagement report released Tuesday reports hours viewed for over 18,000 titles, including Netflix originals and licensed content.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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New York Joins IBM, Micron in $10 Billion Chip Research Complex
11Dec By adminNo Comments
World

New York Joins IBM, Micron in $10 Billion Chip Research Complex

Updated Dec. 11, 2023 12:26 pm ETNew York state is joining chip companies to invest $10 billion in a semiconductor research facility near the University at Albany that is set to bring advanced chip-making equipment to the state.NY Creates, a nonprofit that oversees the Albany NanoTech Complex where the facility is to be built, will coordinate its construction. It will also use state funds to acquire chip-making equipment from ASML Holding, a Dutch company whose machines can cost hundreds of millions of dollars and are key to making the most advanced chips possible.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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