Bitcoin’s {{BTC}} slow bleed lower over the past weeks has sped up Friday, the price dipping more than 3% in the past 24 hours to slide to about a five-week low of $63,700, now lower by 9% over the past month. Contrarian bulls, however, might take comfort as indicators tracked by analysis firm Santiment show […]
A stock trader at work at the New York Stock Exchange on February 24, 2020.Johannes Eiselle/Getty Images Short bets against funds that track major US indexes have declined to record lows, JPMorgan said. There are three main reasons short sellers are withdrawing from the market. Low levels of short-selling could spark volatility in the market […]
Among the challenges presented with recycling materials effectively and efficiently is fast-food packaging, which often features a waxy coating that is difficult to process. That’s why a restaurant and catering company based in Finland has been looking at alternatives, taking advantage of a new type of fast-food packaging that can be reused and recycled. Restel […]
French energy prices fell into negative territory on an overflow of renewable power, Bloomberg reported. Day-ahead prices hit a four-year low of -€5.76 per megawatt-hour in one auction. That caused some French nuclear plants to go offline ahead of the weekend. Day-ahead energy prices in France fell into negative territory amid surging renewable power production, Bloomberg […]
Special Delivery Within just over 48 hours, China’s Chang’e-6 lunar touched down on the far side of the Moon, successfully scooped up samples, and kicked off once again. It was an extraordinary feat, representing the first-ever samples ever collected from the side of the Moon that permanently faces away from us. During its brief visit, […]
May 31—A group of drag queens who were scheduled to perform at a Pride celebration in Windham this weekend have dropped out of the event after community pushback and a threatening encounter prompted them to question their safety. “Unfortunately, because people in the town haven’t been standing up and being vocal enough in fighting this […]
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In the Green Germany has so much energy coming from solar panels that it’s outpaced consumer demand and pushed energy prices into a steep nose dive — even going past zero into the negative, according to Business Insider, creating an Alice in Wonderland energy market in which consumers of electricity can be paid to use the […]
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Germany has installed more solar capacity than consumer demand requires, SEB Research found. During peak solar production hours, producers have taken a 87% price cut in the past 10 days. In fact, raw market energy prices fall into negative territory during these hours. Sunny days in Germany mean gray clouds for solar profitability as the […]
By Allison Lampert (Reuters) – Boeing will burn rather than generate cash in 2024 and deliveries will not increase in the second quarter, the company’s finance chief said Thursday, as the U.S. planemaker grapples with a full-blown crisis that is pinching production of its strongest-selling aircraft. CFO Brian West told the Wolfe Research Global Transportation […]
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