Category: Blog
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Natural gas shortages force shift to oil
Soaring natural-gas and coal prices are pressuring power-generation companies and manufacturers to switch to using oil, a trend that could add half a million barrels a day to global demand, the International Energy Agency said Thursday. In its monthly market report, the IEA increased its global oil-demand forecasts for this year and the next by […]
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FDA says Johnson & Johnson ($JNJ) COVID-19 booster bolsters immune system
A booster of Johnson & Johnson’s Covid-19 vaccine showed signs of significantly bolstering the immune defenses of study subjects, federal health regulators said Wednesday. The regulators cautioned, however, that data was limited and they had to rely on J&J’s own analysis for some of the study findings, rather than conducting their own. The Food and Drug […]
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CIBC announces $450 Million fund focused on Venture Capital and Growth Equity funds
Over the past three years, CIBC has made financial commitments as a Limited Partner to 12 Canadian-based venture capital and growth equity funds, covering every stage of the entrepreneurial lifecycle. The underlying fund strategies have included woman-led startups, Fintechs, disruptive tech and early stage software companies. These financial commitments are above and beyond CIBC’s previously-announced […]
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Proctor & Gamble pressured to report on its efforts to address deforestation
Environmentalists scored a win against a corporate giant last year when Procter & Gamble Co. shareholders backed a proposal asking the maker of Charmin toilet paper and Bounty paper towel to report on its efforts to address deforestation. This year, the Natural Resources Defense Council, Sierra Club and several dozen descendants of P&G’s founding families are lobbying […]
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Under Construction
This is a micro episode. I could not record long because it’s too hard to concentrate with all the pounding going on outside my office window.
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Chevron aspires to reduce or offset carbon emissions from operations by 2050
Chevron Corp. said Monday it has an “aspiration” to reduce or offset carbon emissions from its operations to zero by 2050, as investor and public pressure mounts on oil producers to respond to climate change. The company also for the first time set a target for reducing the intensity of the carbon emissions from the fuel and […]