Some executives at OpenAI are uneasy about a potential partnership with Helion, a company that works on nuclear fusion. The leaders in charge of the deal, including Sam Altman and Greg Brockman, also put money into Helion. Because Helion has not yet produced a working product, the idea that Op
In March, the investment firm Volta Finance reported a net loss of 2. 4 %. The decline was steeper than the average for U. S. high‑yield bonds, which fell 1. 2 %, and similar to Euro high‑yield bonds at 2. 7 %. A contrasting picture emerged in leveraged loan indices, where the U. S. market gained 0.
A Venezuelan opposition leader is urging the country to welcome new oil investors while insisting on stronger safeguards and clearer contracts. She highlighted that early interest from foreign firms is a good sign, but it must come with full transparency and legal certainty. The speaker said Vene
BP is shaking things up with a new boss. Meg O'Neill, who's been running Woodside Energy in Australia, is stepping into the big chair. This makes her the first woman to lead a major oil company worldwide. The change comes fast. Murray Auchincloss, the current CEO, is leaving after less than two yea
Canada's government has made a big change in its climate rules. They've decided to ease up on some environmental regulations to attract more investment in the energy sector. This move is part of a new agreement between the federal government and Alberta, Canada's top oil-producing province. The dea
With just days left in office, President Joe Biden is on a mission to safeguard his key policy wins. High on his to-do list is the CHIPS and Science Act, which has ramped up domestic production of memory chips. Economic experts warn that if incoming President Donald Trump decides to axe this program
Suburban Propane Partners, a company that supplies propane and other energy sources across the U. S. , recently shared its financial results for the fiscal year 2024. The news wasn't quite as warm as the weather that affected their earnings. Compared to the previous year, their net income dropped fr
