USA
Berkshire Hathaway boosts stake in Occidental Petroleum to nearly 29%
Billionaire Warren Buffett’s Berkshire Hathaway Inc acquired another 2.95 million shares in Occidental Petroleum, a regulatory filing showed, bringing his stake in the...
EV startup Fisker files for bankruptcy
Fisker has been trying to ramp up production of its Ocean SUV, which has had software and hardware issues.
Musk plans stock option grants to Tesla’s high-performers, sources say
Electric vehicle maker Tesla has previously warned of a sharp slowdown in sales.
Southern Company CEO sees more industry nuclear commitments in US by 2030
Power provider Southern Company CEO Chris Womack said on Monday he expects more industry commitments to build gigawatt-scale light water nuclear reactors in...
If you can’t stay indoors during this U.S. heat wave, here are a few ideas
From gardeners to builders, not everyone can stay indoors during the U.S. heat wave. Here's some advice on how to cope from some...
Some Colonial Pipeline owners eye stake sales at $10 billion-plus company valuation, sources say
Some of Colonial Pipeline's owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation...
California blaze raises fears for dangerous wildfire season
Wildfires are a natural — and necessary — part of California's life cycle. But climate change is making extreme weather conditions more intense...
Trafigura agrees to pay $55 million to settle U.S. CFTC charges
A unit of global commodities trader Trafigura has agreed to pay a $55-million civil fine to settle U.S. Commodity Futures Trading Commission charges...
States sue US to block rule that oil firms guarantee payment to dismantle old wells
The Biden administration has proposed a rule that would require the offshore oil and gas industry to help cover the cost of dismantling...
Tesla sues ex-supplier Matthews over EV battery trade secrets
Matthews began supplying Tesla with manufacturing machinery in 2019.
