Fuel shortages cause chaos at US gas stations

Published

3 years ago

May 13, 2021

Fuel shortages have worsened in the south-eastern United States, with gas stations now running out of fuel

Drivers are being urged to not hoard fuel supply, as many head to stations to stock up on petroleum. Thousands of stations have had to close petrol bowsers,

It follows the shutdown of the largest U.S. fuel pipeline network, which is now entering its sixth day.

Washington officials have pledged to help ease the pressure on supply issues.

A ransomware attack on the Colonial Pipeline last week halted 2.5 million barrels per day of fuel shipments…

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.