Energy
U.S. Gold Corp. Updated Economics of the Copper King Deposit
U.S. Gold Corp. (NASDAQ: USAU) stock jumped more than 120% Tuesday after the gold exploration company announced that it has internally updated the economics of the Copper King deposit to...
Tesla Considering Lowering Prices of China-Built Model 3
Tesla, Inc. (NASDAQ: TSLA) is possibly considering cutting the price of its China-built Model 3 sedans by 20% or more next year, according to Bloomberg, citing sources familiar with the...
Gold Prices Modestly Gain on Tuesday
Gold prices were lifted higher on Tuesday after erasing losses during early morning sessions. December gold futures gained USD 1.20 per ounce to USD 1,473.10 during late afternoon...
GE Freezes Pension Plans to Cut Deficit by Up to USD 8 Billion
General Electric Co. (NYSE: GE) on Monday said it will freeze pension plans for about 20,000 U.S. salaried workers, and supplementary pension benefits for 700 employees who became...
NextEra Energy Partners to Acquire Meade Pipeline
NextEra Energy Partners, LP (NYSE: NEP) will acquire Meade Pipeline Co. LLC and its interests in the Central Penn Line in a deal valued at USD 1.37 Billion. The transaction also includes...
Oil Prices Rise after Attacks on Saudi Arabia Facilities
Oil prices witnessed a sharp rise over the weekend after Saudi Arabia’s oil facilities were attacked during pre-dawn hours on Saturday. The attacks eliminated more than half of the...
Exxon Mobil Profit Sinks for the Third Consecutive Quarter
Exxon Mobil Corporation (NYSE: XOM) on Friday reported earnings that disappointed investors for the third consecutive quarter. Quarterly profit fell by 21%, the third straight period in...
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