• Satya Nadella sold half his shares in Microsoft

    Satya Nadella sold half his shares in Microsoft

    In the filing last week with the U.S. Securities and Exchange Commission, the Redmond, Wash.-based software company reported Mr. Nadella sold 838,584 shares over two days, down from close to 1.7 million shares. The transaction yielded more than $285 million for Mr. Nadella. This is the single-largest stock sale for Mr. Nadella, according to InsiderScore. Microsoft’s…

  • Red Friday not Black Friday

    Red Friday not Black Friday

    Slow news week, Twitter CEO may step down, Oil rises, Omicron threatens us, Canada releases from its reserves, and much much more!

  • Wishing you tasty yields for Thanksgiving

    Wishing you tasty yields for Thanksgiving

    Owl Rock Capital announces stock repurchase, decreased demand for oil in Europe, natural gas prices pop in Europe, and much more!

  • Biden Administration investigates oil and gas companies for illegal pricing conduct

    Biden Administration investigates oil and gas companies for illegal pricing conduct

    When is the last time an American President investigated oil and gas companies for raising the price of gas and other fuels when supplies have been constrained? President Biden called on the Federal Trade Commission to investigate whether oil-and-gas companies are participating in illegal conduct aimed at keeping gasoline prices high. In a Wednesday letter…

  • Target posts sales gains and boasts plenty of inventory for holidays

    Target posts sales gains and boasts plenty of inventory for holidays

    Comparable sales, those from stores or digital channels operating at least 12 months, rose 12.7% for the quarter ended Oct. 30. E-commerce sales rose 29% in the quarter. “We’ve seen strength throughout the year,” said Target Chief Executive Brian Cornell on a call with reporters. Sales rose strongly in each of the five main categories…

  • Natural Gas prices pop in Europe

    Natural Gas prices pop in Europe

    Construction of Nord Stream 2 was completed in September, but gas has yet to flow through the pipeline. The conduit links Russia and Germany and is awaiting approval from German and European authorities. Washington opposes the pipeline, which circumvents U.S. allies including Ukraine and Poland and could deepen Europe’s dependency on Russian gas. However, the U.S. waived…