Author: IA PressRoom

Republican presidential candidate and Florida Gov. Ron DeSantis roused a Nevada bar crowd to laughter over the weekend with a quip aimed at frequently mocked beer Bud Light.”Just so you know, I’ll serve you anything except Bud Light,” DeSantis told a crowd gathered at the Veterans of Foreign Wars (VFW) Post 9211 bar in Reno, Nevada, on Saturday.The crowd, who DeSantis was serving from behind the bar, roared with laughter before sharing a round of beers “on the house” with the presidential hopeful.DESANTIS TAKES AIM AT CALIFORNIA, HIGHLIGHTING RISING CRIME AND HOMELESSNESS, IN NEW CAMPAIGN VIDEO Republican Florida Gov. Ron…

A report revealed new details on Jeffrey Epstein’s personal ties with ex-JPMorgan exec Jes Staley. Epstein offered to help Staley’s daughter apply to Columbia, the Wall Street Journal reported. JPMorgan is in a legal battle with the US Virgin Islands over the bank’s ties to Epstein. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Jeffrey Epstein offered to help former JPMorgan executive Jes Staley’s daughter nab an acceptance to one of Columbia University’s doctorate programs, according to a report by The Wall Street Journal.JPMorgan…

© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Rae Wee SINGAPORE (Reuters) – The U.S. dollar rose broadly on Tuesday and notched a seven-month high against the yen, while the yuan slipped after China cut two benchmark lending interest rates for the first time in 10 months. China on Tuesday lowered its one-year and five-year loan prime rates (LPR) by 10 basis points, as widely expected, as authorities seek to shore up a slowing recovery in the world’s second-largest economy. The dipped slightly following the decision and was…

© Reuters. (Reuters) – Beleagured U.S. medical technology company Surgalign Holdings filed for a voluntary Chapter 11 bankruptcy on Monday. Surgalign filed for the bankruptcy with estimated assets and liabilities in the range of $50 million to $100 million in the Bankruptcy Court for the Southern District of Texas. The Deerfield, Illinois-based company said in March that it had reduced its workforce by about 20% and cut non-essential spending, and realigned resources. In November last year, the company approved a corporate restructuring plan, which included discontinuing some of its lower-performing units as well as intending to continue its brand and…

© Reuters. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo By Katya Golubkova TOKYO (Reuters) – Oil prices were mixed on Tuesday ahead of a decision on lending benchmarks by China, with the world’s second-largest economy widely expected to cut key rates to shore up a slowing recovery. was 3 cents higher at $76.12 a barrel at 0041 GMT. U.S. West Texas Intermediate (WTI) crude was unchanged at $71.29 and there was no settlement on Monday due to a public holiday in the United States. The WTI…

Source: agnormark/AdobeRussia’s Ministry of Energy is pushing for the legalization of industrial crypto mining, and wants lawmakers to press ahead with a much-anticipated mining-related bill.Per the Russian news agency Tass, the ministry made the comments at the weekend, during the St. Petersburg International Economic Forum.Pavel Snikkars, the Energy Vice Minister, said that the ministry “supports” the legalization of mining and “expects” lawmakers to approve “the introduction of taxation for miners.”Snikkars said:“We want [crypto] miners to be recognized as a category of [energy] consumers. We hope that taxation will also be introduced for this category of consumers. It is important for…

ssuaphoto/iStock via Getty Images Civitas Resources (NYSE:CIVI) is near an agreement to acquire oil and gas operations in the Permian basin from private equity firm NGP Energy Capital Management LLC for about $5 billion, including debt. Civitas (CIVI) is in advanced talks with NGP to buy Hibernia Resources as well as much of Tap Rock Resources, according to a Reuters report on Monday, which cited people familiar with the matter. An agreement may be announced as soon as Tuesday. Civitas (CIVI) plans to fund the acquisition with a mixture of cash and newly-issued Civitas shares, although the precise ratio wasn’t…

Former President Donald J. Trump claimed to a Fox News anchor in an interview on Monday that he did not have a classified document with him in a meeting with a book publisher even though he referred during that meeting to “secret” information in his possession.The July 2021 meeting — at Mr. Trump’s golf club in Bedminster, N.J. — was recorded by at least two people in attendance, and a transcript describes the former president pointing to a pile of papers and then saying of Gen. Mark A. Milley, whom he had been criticizing: “Look. This was him. They presented…

Tesla Motors CEO Elon Musk speaks to the media next to its Model S during a press conference in Hong … [+] Kong. 25JAN16 SCMP/ Nora Tam (Photo by Nora Tam/South China Morning Post via Getty Images)South China Morning Post via Getty Images The latest Tesla (TSLA) production and delivery data is out, and it is far below expectations. This is what the numbers mean for investors. Tesla built 1.37 million electric vehicles during 2022, a significant miss to its internal target of 50% growth. Worldwide deliveries during the quarter also fell short of forecasts. Bears should not get too…

Australia’s Woodside Energy Group on Tuesday said it would invest in a $7.2bn Gulf of Mexico oil project, noting it would have lower carbon emissions than the global deepwater production average.The Trion project would develop an estimated 479mn barrels of oil equivalent of oil and gas, the company said in a stock exchange filing.Woodside owns 60 per cent of the project and will fund $4.8bn of the cost, with Mexico’s state-owned Pemex contributing the rest.“The investment is aligned with Woodside’s strategy, exceeds Woodside’s capital allocation framework targets and will be a strong contributor to cash flows,” said chief executive Meg…