Focus on Finance
Chesapeake Energy misses quarterly profit estimates as natural gas prices remain low
Natural gas producer Chesapeake Energy Corp missed Wall Street estimates for first-quarter profit on Tuesday as persistently low natural gas prices weighed down...
Hubbell’s profit beats estimates on demand from utilities
Electrical equipment maker Hubbell on Tuesday reported a better-than-expected profit for the first quarter, bolstered by strong demand from utilities for its smart...
Tesla short sellers lose nearly $5.5 billion over four days, S3 Partner says
Investors who bet against Tesla stock have lost $5.5 billion in the four sessions since the electric car maker promised more affordable cars,...
US Supreme Court won’t hear Elon Musk dispute over SEC settlement
The U.S. Supreme Court declined on Monday to hear Elon Musk's bid to throw out part of a securities fraud settlement with the...
Norway wealth fund falls short on climate ambitions, NGO says
'Misalignment' reported between Norway wealth fund's push for net zero and actual voting record at oil major AGMs.
Former exec Baglino sells Tesla shares worth $181.5 million, SEC filing shows
Former Tesla executive Drew Baglino has sold shares worth around $181.5 million in the world's top EV maker, according to a SEC filing...
German ministers call on China, Gulf states to contribute climate finance
Climate finance needs big-polluting developing countries to pay more, say German ministers, as costs set to hit $5 trillion in fight against climate...
BlackRock-backed Decarbonization Partners raises $1.4 billion for first fund
Climate investing venture gathers over a billion from 30 institutional investors across 18 countries to aid transition to lower-carbon energy.
