But analysts said the prospect of a production cut remained distant, as it was weaker Opec members such as Venezuela, rather than Riyadh, that were pushing for an emergency meeting as soon as this month.
California Attorney General Kamala Harris announced Tuesday that she has filed a lawsuit against Southern California Gas Company, alleging the company failed to report the massive methane leak near Los Angeles in a timely manner. The criminal complaint charges the gas company...
Supply may exceed consumption by an average of 1.75 million barrels a day in the period, compared with an estimate of 1.5 million last month, and the excess could swell if OPEC adds more output, the IEA said.
Honda has now issued another recall to recall back models that was fitted with the problematic Takata airbag. At least two injuries are attributed to the defect. Including the recalls announced February 3, 8.51 million Honda and Acura vehicles in the USA market have been recalled...
But in a letter to customers and shareholders Wednesday, the company said it plans to be profitable in 2016 by non-GAAP measures, and to turn a profit by GAAP measures in the fourth quarter of this year.
“I think we want to be careful not to jump to a premature conclusion about what is in store for the USA economy”. But Yellen’s remarks addressed investors’ concerns, said Erik Davidson, chief investment officer for Wells Fargo Private Bank.
We plan to invest in equipment to support cell production at the Gigafactory, begin installation of Model 3 vehicle production machinery, open about 80 retail locations and service centers, and energize about 300 new Supercharger locations.
The stock took a massive beating from shareholders following its fourth quarter earnings disclosure for fiscal year 2015 after market-close on Tuesday.
Almost 2,000 people were employed by the burgeoning solar industry in New Mexico a year ago, and experts say the state is on the verge of major growth.