Економіка

Woodside scraps long-term emissions and clean energy targets despite windfall oil profits caused by Iran war

Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1.67bn in the six-month reporting period Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Woodside Energy has scrapped its long-term emissions and clean energy targets, even after enjoying a period of windfall oil profits caused by the Iran conflict. Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1.67bn ($A2.33bn) in the six-month reporting period, according to financials lodged on Tuesday, after the price of crude surged amid disruptions to global supplies. Continue reading...

TechCrunch·12 днів тому

Situational Awareness, star AI hedge fund that nearly imploded, now being probed by the SEC

The AI hedge fund went from "the talk of Wall Street" to "subject of federal subpoenas" faster than you can say "diversify your portfolio."

TechCrunch·12 днів тому

Oura is reportedly eyeing a September IPO that could value it at more than $16B

We all knew it was coming. The expected valuation may surprise, though.

CNBC Business·12 днів тому

Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can't clear it

An antitrust challenge by a group of state attorneys general has left Paramount CEO David Ellison hunting for avenues to get his deal for WBD done.

CNBC Business·12 днів тому

Main Street Sports sues Comcast, Charter for underpaid licensing fees

Main Street has been in the process of winding down its portfolio of regional sports networks since the the NHL and NBA seasons ended earlier this year.

The Guardian·12 днів тому

Target apologizes for ‘offensive’ Halloween costume after backlash

Retailer removes kid’s clown costume after people said it resembled a racist caricature used in minstrel shows Target, the US retail corporation, said it pulled a controversial Halloween costume off its shelves after criticism across social media that it resembled a racist caricature. The ad image for the costume, sold as the “Kids’ Glows Under Blacklight Circus Clown Halloween Costume,” depicted a Black child in a bright orange and black top with solid black gloves and a mask with a wide, toothy smile. Both the child’s pose and the costume’s gloves and mask were likened to caricatures of Black people used in minstrel shows. Continue reading...

TechCrunch·12 днів тому

Trump bought SpaceX shares two weeks after blockbuster IPO

Президент здійснив покупку, коли акції коштували в межах 150 доларів США. Торги SpaceX у понеділок завершилися на позначці 135 доларів — на рівні ціни її первинного публічного розміщення (IPO).

TechCrunch·12 днів тому

Zillow and Redfin settle FTC antitrust case

Zillow and Redfin reached a settlement with the FTC, which requires Redfin to reenter the rental advertising business.

The Guardian·12 днів тому

Australia news live: Sydney trains plagued by morning cancellations due to ‘urgent’ repairs to overhead wires

Commuters warned journey may take an extra 45 minutes as ‘limited’ buses replace north short trains. Follow today’s news live Get our breaking news email, free app or daily news podcast Good morning and welcome to our live news blog. I’m Martin Farrer with the top overnight stories and then it will be Nick Visser with the main action. We begin with a classic “commuter chaos” update: there are widespread train cancellations in Sydney this morning due to problems with overhead wiring at a major hub. Continue reading...