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OpenAI plans to nearly double its staff from 4,500 to 8,000 employees by year-end, adding close to a dozen hires daily. The push comes as rival Anthropic wins enterprise customers at higher rates.
While exploring booths at New York Build Expo, Copper’s electric range stood out. In a show targeting professionals, there were not a lot of home cooking appliances. The design was simple and attractive. But the battery within the base of the range was what really makes it exciting. Steve Hanley ... [continued] The post Copper’s Battery-Equipped Induction Range Makes Electrification & Storage Accessible appeared first on CleanTechnica .
by John O’Connor SPRINGFIELD, Ill. — The Chicago Transit Authority on Friday filed a federal lawsuit seeking restoration of $2 billion in commuter rail expansion funding that President Donald Trump’s administration stopped last fall. The action, filed in U.S. District Court in Chicago, contends the administration acted arbitrarily in halting transit construction money for the [...]
Crypto scammers are increasingly exploiting trusted institutions like the FBI to deceive users, using fake Tron-based tokens and urgent messaging to steal sensitive data while losses across digital asset fraud surge into the billions. FBI Issues Warning Raising Alarm Over Expanding Crypto Scam Threat The Federal Bureau of Investigation (FBI) New York field office warned [...]
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Washington’s oil blockade triggers second total collapse of Cuban power grid
The winning numbers in Saturday’s drawing of the “Virginia Cash Pop” game were: 7 (seven) For more lottery results, go...
Here's how to save your spot in line without paying for PreCheck or Clear+.
A jury on Friday found that Elon Musk misled Twitter's shareholders by driving down Twitter's stock price ahead of his $44 billion acquisition of the company in 2022.
The cruise line is offering full refunds or rebooking options.
Gabrielle Fahmy / New York Post : AOC spends $19K in campaign cash on psychiatrist known for ketamine therapy — She's trippin'. — Rep. Alexandria Ocasio-Cortez (D-NY) spent nearly $19,000 in campaign cash last year on a shrink who specializes in controversial ketamine therapy. — The socialist lawmaker hired Boston-based ...
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Both companies are leaders in their industry, but face a fast-changing landscape.
This pharmaceutical company's executive sold all his direct shares less than a month before a highly anticipated earnings report.
<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">NEW YORK, March 21, 2026 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>WHY:</strong> Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Picard Medical, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/PMI" rel="nofollow">PMI</a>) between September 2, 2025 and October 31, 2025, inclusive (the "Class Period"), of the important<strong> April 13, 2026 lead plaintiff deadline</strong>.</p> <p align="justify"><strong>SO WHAT:</strong> If you purchased Picard Medical securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.</p> <p align="justify"><strong>WHAT TO DO NEXT:</strong> To join the Picard Medical class action, go to <a href="https://www.globenewswire.com/Tracker?data=I7MZGiMR0QLmHJMhIBiphefNCUp44zpB_3IUoblnquy71bMfXHwv4bby15i-gwPQ3PeZIw0p5Pf8runrLU0aSEcp7svgx8jHaes-4aDcd1lRDNxFNR8aDEA1LoDWyjaQWjAR1ARfAxMBvR-VMEDd3Ba2z8Q-qD5mxCfwIqqYoWE=" rel="nofollow" target="_blank" rel="nofollow">https://rosenlegal.com/submit-form/?case_id=52263</a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href="https://www.globenewswire.com/Tracker?data=uMs7Tz_5SPfHdWphXQl15LWA-Ht0BsTWc47THrZjl9HJ9a-nHb3U7pKaAXHNJkdoVysfP0KqJ4KEZeVSSZE4jIC6Tvi-YKKggDa3oatWOzE=" rel="nofollow" target="_blank" rel="nofollow"> [email protected] </a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court <strong>no later than April 13, 2026</strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.</p> <p align="justify"><strong>WHY ROSEN LAW:</strong> We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any ...</p><p><a href=https://www.benzinga.com/pressreleases/26/03/g51396181/rosen-global-investor-counsel-encourages-picard-medical-inc-investors-to-secure-counsel-before-imp?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Picard Medical, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PMI>Full story available on Benzinga.com</a></p>
The jury in a lawsuit over Elon Musk’s 2022 takeover of Twitter found he misled investors by claiming he might walk away over the platform’s bot estimates, prompting some to sell during a downturn before he ultimately went through with the original deal — but fraud claims were dropped.
Here are 20 of our favorite outdoor deals from REI’s Member Days Sale The Verge REI’s First Big Sale of the Year Is Here. These Are the Deals Our Experts Love. The New York Times This REI sale is coming to an end. Shop these 20 outdoor deals before they’re gone CNN The REI Member Day Sales Only Happens Once a Year. Here’s What’s Worth Using Your 20% Coupon On. Outside Magazine Spring Beckons! Get Outside Wearing Light Layers, Comfy Sneakers, and More While These REI Deals Last People.com
KMLM is differentiated by several characteristics that make it a compelling choice for investors seeking managed futures exposure.
A week ago, I wrote an article pondering why the best news we get about the Tesla Semi, after nearly a decade, is still just small pilot program announcements. This was supposed to be a revolutionary semi truck that beat fossil-fueled semi trucks at almost everything and offered breakthrough improvements. ... [continued] The post Does The Tesla Semi Face Critical Market Challenges? appeared first on CleanTechnica .
Vanguard U.S. Multifactor ETF (VFMF) is upgraded to a cautious Buy, reflecting recent outperformance and stability amid geopolitical volatility.
HARRISBURG – Energy affordability and grid reliability were again at the center of discussion in Harrisburg. The House Energy Committee heard testimony on legislation that would use technology – including virtual power plants or VPPs – to add capacity and lower costs. House Bill 2264 would require Pennsylvania electric distribution companies, like PPL and PECO, to submit regulator-approved VPP program proposals that use distributed energy resources – like battery storage, rooftop solar, and smart thermostats – to reduce peak demand and compensate participants. The bill’s sponsor, Rep. Nathan Davidson, D-Lemoyne, said the same smart devices that are contributing to rising demand and costs can also be part of the solution. He also noted that similar legislation has drawn bipartisan support in Virginia. Testifiers spoke about the practical aspects of VPPs, describing them as voluntary, customer-friendly programs that can produce measurable savings. At the same time, some raised concerns about potential overlapping compensation mechanisms, market coordination, and the need for rigorous cost-benefit analysis. “Virtual power plants turn thousands of everyday devices that people are already using into a powerful grid resource,” said Chris D’Agostino, Pennsylvania policy lead at Advanced Energy United. “With the right policy framework, Pennsylvania can unlock these technologies...
North LA County Regional Center expanded at 9200 Oakdale in Chatsworth, a move CoStar says ranks among Los Angeles County's largest office deals in two years.
S&P 500 earnings recap: most companies beat EPS and revenue estimates, led by tech and consumer discretionary.
The NCAA is suing DraftKings for trademark infringement over the use of the terms March Madness and Final Four.
Petro denied all ties to drug traffickers and maintained he never accepted their funds during his campaign.
The husband-and-wife team behind the new shop previously ran a mobile coffee trailer that traveled across Michigan.
The United States is looking to secure domestic rare-earth mining and processing, and these two up-and-coming companies stand to benefit.
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Aavegotchi (GHST) traded 1.3% lower against the dollar during the 1-day period ending at 10:00 AM Eastern on March 21st. Aavegotchi has a market cap of $3.48 million and $421.62 thousand worth of Aavegotchi was traded on exchanges in the last 24 hours. One Aavegotchi token can currently be purchased for approximately $0.0660 or 0.00000093 [...]
BILLION•DOLLAR•CAT (BDC) traded up 0.7% against the dollar during the 24-hour period ending at 10:00 AM Eastern on March 21st. BILLION•DOLLAR•CAT has a total market cap of $2.18 million and $6.82 thousand worth of BILLION•DOLLAR•CAT was traded on exchanges in the last 24 hours. During the last seven days, BILLION•DOLLAR•CAT has traded 4.6% higher against [...]
Ampleforth Governance Token (FORTH) traded down 1.5% against the U.S. dollar during the one day period ending at 10:00 AM E.T. on March 21st. One Ampleforth Governance Token token can now be purchased for about $0.49 or 0.00000686 BTC on popular exchanges. Ampleforth Governance Token has a total market cap of $7.44 million and approximately [...]
Watch: China Claims Cyborg Breakthrough To Build An "Army Of Centaurs" Researchers at Southern University of Science and Technology in Shenzhen have unveiled a wearable robotic system that adds a pair of independent mechanical legs and a torso framework to a human wearer, forming a four-legged hybrid to assist with carrying heavy loads across difficult terrain such as stairs, ramps, and uneven ground, according to the South China Morning Post . Led by Chenglong Fu, the team of scientists designed the device to combine human cognitive advantages in path planning and decision-making with robotic capabilities for load-bearing and endurance in environments too hazardous or complex for fully autonomous systems . An elastic coupling mechanism synchronizes the robotic legs with the user's movements, allowing the hybrid to share more than half the payload weight while preserving natural gait and balance. The system consists of two independent robotic legs and a robotic torso which can be attached to the user via a compliant elastic interface forming a four-legged human-centaur. Photo: Handout In tests, the system cut the wearer’s net metabolic cost of walking while carrying a 44-pound load by 35% compared with a conventional backpack and reduced peak plantar pressure by 52%, fueling media speculation in China that the technology could serve as the foundation for a large-scale “army of centaurs” to augment the Asian superpower’s military personnel. Cyber-centaurs are here: Chinese engineers unveil a clip-on “robot butt” Chinese engineers have presented an exoskeleton that attaches to the waist and hips to help carry heavy backpacks. The device can take on 30–50% of the load, assisting with up to 15–30 kg of weight. The... pic.twitter.com/RlC3ryf6xx — NEXTA (@nexta_tv) March 10, 2026 The Chinese military's ongoing investment in exoskeleton technologies to boost troop stamina suggests potential military applications for these human-augmented systems , though the device's bizarre appearance has prompted criticism and mockery, reports the SCMP . The breakthrough comes amid the escalating rivalry in robotics between the United States and China. Recently, executives from Boston Dynamics and Scale AI testified before a House Homeland Security subcommittee, warning that China's progress in humanoid robots presents national-security concerns. Witnesses advocated for coordinated federal measures, such as broader export controls on AI chips and restrictions on government procurement of Chinese robotic technologies, to safeguard U.S. leadership. As we previously reported, broader anxiety over China's manufacturing dominance extends beyond robotics. Following a trip to China last fall, Greg Jackson, CEO of the British energy company Octopus, recounted touring a near-autonomous "dark factory" producing mobile phones with minimal human oversight. “ We visited a dark factory producing some astronomical number of mobile phones ,” Jackson told The Telegraph at the time. “The process was so heavily automated that there were no workers on the manufacturing side, just a small number who were there to ensure the plant was working. You get this sense of a change, where China’s competitiveness has gone from being about government subsidies and low wages to a tremendous number of highly skilled, educated engineers who are innovating like mad.” Australian mining magnate Andrew Forrest abandoned plans to develop electric-vehicle powertrains in-house after witnessing China’s fully robotic assembly lines where machines emerge from the floor to build trucks with zero human intervention over long conveyors. Morgan Stanley analysts project the humanoid robotics sector could swell to a $5 trillion market by 2050, encompassing sales, supply chains, maintenance, and support networks, with potentially over 1 billion units deployed globally by mid-century. Tyler Durden Fri, 03/20/2026 - 22:40
SPRINGFIELD — The music played, the lights shined and the images of NBA and WNBA legends surrounded the court during the Western Mass. Senior All-Star Game at the Naismith Basketball...
The crypto presale market is crowded right now. New projects launch, each promising the next big thing. Most look the same; another wallet, another meme token, another “revolutionary” feature that isn’t really new.Then BMIC ($BMIC) showed up. And this one actually looks different.BMIC is creating what it calls the first complete quantum-secure finance stack. That [...] The post BMIC’s Crypto Presale Raises the Bar for Wallet Security with Post-Quantum Cryptography and AI appeared first on Cryptonews .
Citizens Bancshares Corp. (OTCMKTS:CZBS – Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $45.85 and traded as high as $47.02. Citizens Bancshares shares last traded at $47.00, with a volume of 2,370 shares changing hands. Citizens Bancshares Stock Performance The [...]
Indus Gas Limited (LON:INDI – Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1.48 and traded as high as GBX 1.80. Indus Gas shares last traded at GBX 1.40, with a volume of 2,132,657 shares trading hands. Indus [...]
Canadian Spirit Resources Inc. (OTCMKTS:CSPUF – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.01 and traded as low as $0.0016. Canadian Spirit Resources shares last traded at $0.0016, with a volume of 10,000 shares traded. Canadian Spirit Resources [...]
IG Design Group plc (LON:IGR – Get Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 54.33 and traded as high as GBX 56. IG Design Group shares last traded at GBX 54.51, with a volume of 41,325 shares. Analyst [...]
Shares of Canadian Utilities Limited (OTCMKTS:CDUAF – Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $33.39 and traded as high as $35.78. Canadian Utilities shares last traded at $35.78, with a volume of 39,655 shares changing hands. Canadian Utilities [...]
Shares of NTG Clarity Networks Inc. (CVE:NCI – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.43 and traded as low as C$0.94. NTG Clarity Networks shares last traded at C$0.94, with a volume of 104,234 shares trading hands. Wall Street [...]
Cadogan Energy Solutions PLC (LON:CAD – Get Free Report)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 4.42 and traded as high as GBX 4.75. Cadogan Energy Solutions shares last traded at GBX 4.51, with a volume of 67,594 shares traded. [...]
Energous Corporation (NASDAQ:WATT – Get Free Report)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $9.48 and traded as high as $14.11. Energous shares last traded at $12.61, with a volume of 315,501 shares traded. Analyst Upgrades and Downgrades Separately, Weiss Ratings [...]
Tern Plc (LON:TERN – Get Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 0.49 and traded as high as GBX 0.70. Tern shares last traded at GBX 0.65, with a volume of 7,148,159 shares trading hands. Tern [...]
SpaceandPeople plc (LON:SAL – Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 208.35 and traded as high as GBX 218.50. SpaceandPeople shares last traded at GBX 200.50, with a volume of 10,001 shares trading hands. SpaceandPeople Price Performance [...]
ATS Co. (OTCMKTS:ATSAF – Get Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $30.31 and traded as high as $30.67. ATS shares last traded at $30.58, with a volume of 183,497 shares changing hands. Analyst Ratings Changes Separately, [...]
Shares of Where Food Comes From Inc. (NASDAQ:WFCF – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $11.67 and traded as high as $11.74. Where Food Comes From shares last traded at $11.71, with a volume of 652 shares [...]
Exeo Entertainment, Inc. (OTCMKTS:EXEO – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $0.0001. Exeo Entertainment shares last traded at $0.00, with a volume of 0 shares. Exeo Entertainment Stock Performance About Exeo [...]
JG Boswell (OTCMKTS:BWEL – Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $487.73 and traded as high as $525.00. JG Boswell shares last traded at $524.00, with a volume of 83 shares traded. JG Boswell Stock Down 4.6% [...]
ATCO Ltd. (OTCMKTS:ACLLF – Get Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $45.05 and traded as high as $49.0550. ATCO shares last traded at $48.97, with a volume of 617 shares. Analysts Set New Price Targets Separately, [...]
Dundee Corp. (TSE:DC.A – Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$4.01 and traded as low as C$3.80. Dundee shares last traded at C$3.83, with a volume of 84,236 shares. Dundee Stock Up 0.5% The [...]
Scorpio Gold Co. (OTCMKTS:SRCRF – Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.28 and traded as low as $0.2750. Scorpio Gold shares last traded at $0.2985, with a volume of 206,987 shares. Scorpio Gold Stock [...]
U.S. stocks are sinking as hopes wither on Wall Street for a possible cut to interest rates by the Federal Reserve this year. The S&P 500 fell 0.9% Friday and was on track for a fourth straight losing week, its...
PUNE, India, March 20, 2026 /PRNewswire/ -- Skylark Labs today announced the successful completion of a fixed foreign object debris detection demonstration aboard an Indian Navy aircraft carrier, validating continuous autonomous deck monitoring in one of naval aviation's most demanding...
Bond Markets Are Beginning To Panic Over Inflation By Benjamin Picton, Senior Market Strategist at Rabobank Look To America US equity indices closed lower yesterday but were comparative outperformers against European and Asian counterparts, which were roundly brutalized. The relative performance of equity markets reflects what is happening in oil markets, where the law of one price is being strained by a complete dearth of oil in Asia, a shortage of oil in Europe, and relative abundance in North America. The spread between West Texas crude and the more international Brent crude is now at its widest level since the Covid demand shock of 2020. The oil market has fragmented: Oil is now trading for $150/bbl in Asia (except the occasional sanctioned Iranian tanker) where demand destruction has started. China and India most pressured. Meanwhile it is still $100 in the US https://t.co/QweAyzEN0a pic.twitter.com/YyvgAMdMwl — zerohedge (@zerohedge) March 17, 2026 At the risk of stating the obvious, the oil market is experiencing unprecedented tightness; the Brent prompt spread is current 4.55 sigma from the long-run mean. Dramatic as this is, it probably understates the severity of the situation in Asian markets where the loss of Gulf cargoes is being felt most acutely. The Wall Street Journal is today reporting warnings from Saudi Arabia that oil prices could spike as high as $180/bbl if disruptions persist into late April, and Reuters reported yesterday that Australia – a net energy exporter, but not of oil – is buying record volumes of products from ExxonMobil, BP and Vitol shipped from the United States. Usually, Australia buys most of its oil products from Asian countries - especially Singapore. There’s a neat historical parallel here because 75 years ago Australian PM Curtin announced that “Australia looks to America” after the fall of Singapore to the Japanese. This time Australia is looking to America after the fall of the Singapore refining industry and confirmation overnight that the US will not be imposing export bans on oil. This will suit Donald Trump’s trade agenda and his efforts to corral tremulous allies just fine. Speaking of which, it seems we are once again seeing signs that US allies may soon be doing things that only days ago they were indicating they would not do. Britain, France, Germany, Italy, the Netherlands and Japan have issued a joint statement condemning Iranian attacks on oil and gas infrastructure and the de factor closure of the Strait of Hormuz, while also saying that they are ready to “contribute to appropriate efforts to ensure safe passage through the Strait”. It’s not immediately clear what this means. Presumably this is not declaring an intention to surrender and acquiesce to Iranian demands to pay a toll on commercial transits, so the most plausible interpretation seems to be that we are witnessing the formation of an international coalition backing American efforts re-open the Strait to shipping . This as news also emerged yesterday that a second US amphibious assault group is now headed to the Middle East, the Pentagon has asked Congress for $200m to fund the war, and as Benjamin Netanyahu said that “there has to be a ground component” to ensure the fall of the Islamic regime. This all sounds like escalation, and bond markets are beginning to fret over the outlook for inflation as predictions over the duration and severity of the supply shock slide further towards the severe end. The Australian 10-year yield rose to its highest level since 2011 but the largest moves are happening at the short end of the curve where the two year yield is now up to 4.69%. Overnight index swaps currently imply a further 70bps worth of policy rate tightening in Australia this year, on top of the 50bps already delivered in February and March. UK 10-year gilt yields rose 11bps yesterday to 4.84% and 2-year gilt yields lifted by an astonishing 30bps. The Bank of England and the European Central Bank both left policy rates unchanged yesterday, but were clearly hawkish in tone. The BoE said that it was “ready to act” if inflation pressures intensify, while also pointing out that existing slack in the economy means that the starting point for this energy shock is different to 2022. The ECB dropped references to being “in a good place” and reiterated its determination to ensure that inflation stabilises at 2% over the medium term, while making stagflationary updates to its economic projections. RaboResearch has now incorporated a rate hike as early as April in our BoE forecast , and a hike in April with the potential for a summer follow-up for the ECB . In a meeting with Japanese PM Takaichi at the White House yesterday Donald Trump said that Japan had offered “tremendous support” in the war and reportedly indicated that he would be singing Japan’s praises when he meets with Xi Jinping in Beijing later this month. This is likely to be interpreted as a bolstering of the US-Japan partnership, coming as it does in the context of recent tensions between China and Japan over Taiwan. Indeed, the China subtext behind recent U.S. policy actions is clear to anyone paying attention. Yesterday, the co‐founder of Supermicro and two other employees were indicted in New York for allegedly violating U.S. export controls by smuggling NVIDIA chip servers into China . On the same day, Trump and Takaichi announced a joint action plan on critical minerals aimed at reducing China’s dominance in global supply chains. Meanwhile, U.S. Treasury Secretary Scott Bessent suggested that the United States may “un‐sanction” Iranian oil currently on the water that would have otherwise been destined for China, arguing that Beijing has been effectively funding a leading state sponsor of terrorism by purchasing discounted Iranian crude. According to Bessent, removing sanctions would lift Iranian oil prices to market levels and redirect flows away from China and toward other Asian countries who have been “good actors”. That’s as Netanyahu says that oil pipelines from the Arabian Peninsula to Israeli ports should be built in the future to prevent the world from being held hostage by a Hormuz blockade ever again. Needless to say, such a move would be an enormous re-alignment in favour of Washington and its allies. So, while markets understandably continue to trade based on the day’s headlines, the bigger picture is that the global order is shifting under our feet and ultimately determining the price action. Oil is scarce, alliances are hardening, and central banks are preparing for a world where supply shocks might be structural rather than temporary. Hard power is being used alongside economic statecraft to achieve strategic aims. As our Global Strategist Michael Every is fond of asking: “if lines on a map can move, how much more can lines on a Bloomberg screen move?” Tyler Durden Fri, 03/20/2026 - 10:40
Sirius XM and SoFi have a lot to prove to win back investors' confidence.
Travel firm Thomas Cook (India) Limited said on Friday it would demerge its resorts and resort management business into its unit Sterling Holiday Resorts Limited, paving the way for a future listing of the fully owned subsidiary.
The amount of oil stored at sea — a vital buffer for markets — is running down fast, as supply from the Persian Gulf remains constrained for a third week and buyers are forced to find quick alternatives. It’s a hoard that could shrink even more swiftly if the U.S. advances a proposal to remove [...]
A new national survey is shedding light on a long-standing gap in Canada’s business education system.
Dermata Therapeutics, Inc. (NASDAQ: DRMA ) shares are trading higher Friday after the U.S. Patent and Trademark Office issued the company a notice of allowance for a U.S. patent titled “Compositions for the Treatment of Skin Conditions .” Dermata stock is trading at elevated levels. What’s ahead for DRMA stock? USPTO Issues Notice Of Allowance The U.S. Patent and Trademark Office issued Dermata Therapeutics a notice of allowance for a U.S. patent titled "Compositions for the Treatment of Skin Conditions," signaling that the application has met the necessary requirements and is ... Full story available on Benzinga.com
As Williamson County continues to experience strong business investment and population projection, local and regional leaders will gather on March 31 to examine what the next chapter of growth could
Market Analysis by covering: Crude Oil WTI Futures. Read 's Market Analysis on Investing.com
WASHINGTON — Sitting in the Transportation and Infrastructure hearing room this week as Chairman Graves gaveled us in to begin committee activity was young Dalilah Coleman accompanied by her mother and father. Committee hearings and markups are open to the...
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The Development Authority of Bainbridge and Decatur County received updates about the state of local industry and the Bainbridge-Decatur County Chamber of Commerce Thursday. Fielding questions from the authority’s board, [...]
Whatever optimism business owners had that tax refunds from the One Big Beautiful Bill Act would increase consumer spending has been dampened by rising gas prices.
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Public Storage will acquire National Storage Affiliates Trust in a $10.5 billion all-stock deal. Check out the complete analysis.
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Why Is Australia Not Already Rationing Fuel? Authored by 'Fast Eddy' via 'The World according to Fast Eddy' substack, I’m an Australian Wholesale Fuel Trader An insider's explanation of what is going on... The commentary below was lifted from a Reddit post. Other than the issues I have already raised in previous articles How Is Iran Blocking and Mining Hormuz? And so it begins.... the question I am asking after reading this analysis is: Why is Australia Not Already Rationing Fuel? I’m the pricing, sales and trading guy at one of Australia’s fuel importers. It’s been an insane two weeks on the trading and supply front, but now it’s the weekend and my brain is still wired running at 150%. My partner asked me last night in detail to explain the overall situation. I thought I’d share my knowledge here and happy to answer questions. I’ll respond when I can throughout this weekend! Note we don’t have any retail sites so I can’t really speak for retail fuel. I also obviously can’t share anything proprietary. 1. Australian fuel is 90% imported these days, mainly from Asia. The Asia refiners are more competitive and have economies of scale that compete Australian refineries, that’s why most of our have closed. Australia for over a decade has not met the internationally agreed 90-day buffer of fuel reserves in the country, we sit a roughly 32 days of stock. This is the fault of both Labor and Liberal governments in the past. Note: it’s easy to store crude oil but much more difficult to store refined products like diesel and petrol, they are flammable and go off after a few months of sitting in a tank. It is very expensive to build brand new storage tanks, which is why no commercial personal is doing it - this is why we import so much oil throughput. 2. Not all crude oils are the same. The Asian refineries are set up to refine medium sour crude (far more experienced chemical engineers, or Google, can give you more info of the API and Gravity ranges of crude oil types). This is mainly produced by the Middle East. It is very hard to replace this crude oil into the refineries at short notice. So it doesn’t matter how many barrels the US releases from its crude stock piles as that is a “light sweet crude” (and is prohibitively expensive on the ocean freight component). Asian refiners have been cancelling contracts and governments like Thailand and China are banning diesel and petrol exports to keep these critical fuels in their own countries. Therefore, it has gotten very expensive to source alternative cargos to supply Australia (something called the MOPS Premia has skyrocketed. So has backwardation). The best analysis I am reading is a soon as the Middle East waterway (Strait of Hormuz) opens up, it will still be 1.5 to 2 months before the Asian refiners are running at full capacity again. Ed: Australia - and I am sure most countries - do not have stored fuel that will last this long even with rationing. The critical mining industry in Australia runs on diesel... If this situation does not urgently get resolved, we will soon be dead men walking. Meanwhile, the world sits on it’s hands watching and refusing to act. Am I alone in thinking there is something wrong with this picture? Note you can’t just shut down a refinery, these things are designed to run 24/7. Shutting down completely puts equipment at serious risk of damage, therefore refiners are choosing to run at say 50% capacity to delay to running out of crude oil feedstock and not damage refinery equipment. 3. While Brent crude has gone from say 70 to 100 USD/barrel (ie roughly 40%), refined products like diesel, petrol and jet fuel, have spiked far higher relatively speaking. This mainly comes down to the regional supply and demand issues being experienced in Asia. Note Australian fuel is roughly priced as Singapore fuel + ocean freight + local costs. Therefore you can’t just take the increase in Brent crude (main type of crude oil) and assume that’s the increase in cost to the fuel that you buy. Diesel seems to be facing far worse supply constraints compared to petrol aka gasoline (and jet fuel even worse than that). I’ll link a great article at the end on why jet fuel is spiking so much more (it’s a free article on substack) 4. Regional Australia wholesale diesel All the oil majors (Mobil, BP, Ampol etc) are understandably holding onto their own product to keep supplying their own retail stations (this was the case last week at least). They stopped selling in the wholesale market. The oil majors years ago largely exited regional Australia and delivery services to farms etc. Independent wholesale business filled in this gap. They do not import their own fuel, but rather buy on the wholesale spot market (where I sell to them), and therefore usually have no term supply guarantees from BP, Ampol etc. Given regional Australia still runs on diesel fuel for all farming, food transportation etc, this is why you hear regional Australia having a fuel crisis more than the cities. This is why I believe that the electrification of key transportation supply chains is critical for Australia’s future. So for Chris Bowen, our Energy Minister, saying he is working with the majors to secure more diesel that is dedicated/prioritised for regional communities, I have no idea how the government are practically going to pull that off (price caps? Allocated volume with some sort of government mandated fixed price? Who knows how it’ll work, but it sounds nice in a speech). 5. Conclusion/generic thoughts This situation isn’t resolving itself anytime soon unfortunately. There is a saying commodity trading - “high prices cure high prices and low prices cure low prices”. When the price sky rockets, demand drops off where possible or supply is increased. When there’s super low prices, supply reduces as said suppliers can’t stay in business selling at those low prices. In this current high prices situation, supply can’t increase right now, so the only lever is to reduce demand. If the price is kept low by governments, demand would stay around, you would have no more supply coming into Australia, and you would eventually run out of fuel. Neither is a good situation, but running out of fuel entirely is probably worse than having some fuel at a high price, which theoretically destroys some flexible demand. Tyler Durden Thu, 03/19/2026 - 22:40
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