Business News

California not counting methane leaks from idle wells

After 21 idle wells were found to be leaking methane — some of them explosive levels of it — in Bakersfield, California in May and June, the California Air Resources Board told the Associated Press that it’s not tallying leaks from idle wells Go to Source Author:

How major US stock indexes fared Friday 7/29/2022

Stocks racked up more gains Friday as Wall Street closed out its best month since November 2020, a welcome breather for investors after a punishing year for the market Go to Source Author:

Congress OKs bill to aid computer chip firms, counter China

The House has passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, namely China Go to Source Author:

Stocks rise on Wall Street after new Fed rate hike, earnings

Stocks on Wall Street are solidly higher in afternoon trading Wednesday after the Federal Reserve raised its key interest rate by a widely expected three-quarters of a point as the central bank ratchets up its campaign to quell surging inflation Go to Source Author: