22 Sep, 2021

Microsoft announces new Surface devices

There are some nice new products Microsoft announced today. Following is a video of their entire presentation. I’ve included shorter videos that highlight the individual products so you can skip all the flowery bloat.
21 Sep, 2021
20 Sep, 2021

Royal Dutch Shell to sell $9.5 billion oil field to Conoco Phillips

Royal Dutch Shell RDS.A -2.16% PLC is close to a deal to sell assets in the Permian basin, the most active U.S. oil field, to ConocoPhillips COP -3.14% for around $9.5 billion, according to people familiar with the matter. The deal could come Monday, assuming talks don’t fall apart, the people said. It comes as Shell is attempting to cut its carbon […]
20 Sep, 2021
15 Sep, 2021

Microsoft announces stock buyback and raises dividend

Microsoft’s latest purchase scheme comes after two senior Democratic senators proposed a 2% tax on corporate stock buybacks as part of a bid to help fund a $3.5 trillion U.S. budget bill. The potential tax, announced on Friday, was released by Senate Finance Committee Chairman Ron Wyden of Oregon and Senate Banking Committee Chairman Sherrod […]
15 Sep, 2021

Social Security may get huge cost of living adjustment

The 68 million people — including retirees, disabled people and others – who rely on the benefits are likely to receive a 6% to 6.1% cost-of-living adjustment next year because of a COVID-19-related spike in inflation, according to the Senior Citizen League. Such a rise would far outpace 1.4% average bumps in Social Security payments […]
15 Sep, 2021

Oil jumps over $2 on Wednesday

Oil prices rose over $2 on Wednesday after industry data showed a larger-than-expected drawdown in U.S. crude inventories and on expectations demand will rise as vaccination roll-outs widen. Brent oil rose $2.14, or 3%, to $75.75 a barrel, while U.S. West Texas Intermediate (WTI) crude climbed $2.28, or 3.2%, to $72.74 a barrel. Brent hit its highest levels […]
14 Sep, 2021

Chevron to triple low carbon investments

The San Ramon, Calif., oil giant is pledging to spend $10 billion through 2028 on biofuels, hydrogen production, carbon capture and other technologies, up from a prior commitment of around $3 billion. Mr. Wirth said in an interview that the spending boost reflects optimism in Chevron’s new energies unit, announced in July to oversee the […]
13 Sep, 2021

Wind power blows… or doesn’t as the case may be

I stand on the opinion that the best source of “carbon neutral” energy is nuclear. It’s reliable always-on energy that is safer than ever before with modern reactors that don’t produce much nuclear waste. The sudden slowdown in wind-driven electricity production off the coast of the U.K. in recent weeks whipsawed through regional energy markets. […]
13 Sep, 2021