Heather Erickson

Honda Recalls Over 300,000 Vehicles Due to Seat Belt Issues

On Sunday, the National Highway Traffic Safety Administration (NHTSA) posted that Japanese automaker Honda has recalled another batch of vehicles. Honda has requested the return of 303,770 2023-2024 Accords and HR-Vs for checking. The two vehicles have been found to be missing a critical seat belt part, which increases the injury risk for passengers. The …

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Oil Prices Slide, Brent Below $80 Ahead of OPEC Decision

Oil prices edged lower on Monday, with global benchmark Brent trading below the $80 level ahead of the Organization of the Petroleum Exporting Countries’ (OPEC) decision on output. January contract Brent crude oil futures slipped 0.72% to $79.90 per barrel, while the US West Texas Intermediate (WTI) crude futures for the same contract shed 0.79% …

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Oil prices on world markets continue to fall

Oil Prices Extend Decline Ahead of OPEC+ Policy Decision

Oil prices extended losses on Friday as traders await the Organization of the Petroleum Exporting Countries’ (OPEC) decision on additional output reductions. Brent crude oil futures for January delivery declined 0.16% to $81.29 per barrel, having traded 0.70% lower in the previous session. Brent futures were last trading 0.05% higher to $81.46 per barrel. The …

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OPEC

OPEC Postpones Meeting, Cites Disagreement on Output Levels

The anticipated ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, has been delayed by four days as members were unable to see eye to eye on output levels and potential supply cuts. The policy meeting, which is expected to consider further reductions in supply, is now set …

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Nvidia Asian Suppliers Slide on Bleak China Revenue Forecast

Nvidia Corp.’s shares dipped on Wednesday, paring recent gains, as a dim outlook for Chinese revenue overshadowed robust quarterly earnings from the leading chipmaker. Nvidia closed the trading session 0.92% lower at $499.44 and declined by 1.74% to $480.75 in after-market trade. The world’s largest chipmaker posted adjusted earnings per share (EPS) of $4.02 on …

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Gold Prices Steady on Potential Rate Hike Cycle End

Gold prices stabilized on Wednesday after a short-lived peak as the potential for the end of the rate hike cycle from the Federal Reserve kept the yellow metal steady. Spot gold rose 0.10% to $2,000.36 per ounce, while December contract gold futures lost 0.03% to $2,002.20. Futures had climbed as high as $2,009.80 per ounce …

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X Accused of Profiting from Hamas, Paris Hilton Suspends Ads

On Tuesday, over a dozen lawmakers accused X of hosting ads glorifying Hamas, while Paris Hilton joined the advertiser exodus. A group of Democrats signed the complaint letter addressed to X CEO Linda Yakarino and owner Elon Musk. It cited analyses from various groups, including the Tech Transparency Project (TTP), NewsGuard, and the Institute for …

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TMN - Microsoft

Microsoft Hires Former OpenAI CEO, Bing Gets AI Augmentation

On Monday, Microsoft welcomed ex-OpenAI CEO Sam Altman into its ranks, while Bing released new AI-powered webpage snippets and summaries. Microsoft CEO Satya Nadella announced on X that Altman and fellow OpenAI co-founder Greg Brockman have joined Microsoft. The two recruits will take charge of the US tech giant’s new advanced artificial intelligence (AI) research …

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