Oil hits pandemic high as winter storm pushes demand and poses production riskFreezing weather sparked another rally in energy and put oil on pace to settle above $60 for the first time since the early days of the Covid-19 pandemic.
This 34-year-old's start-up backed by Bill Gates and Jeff Bezos aims to make nearly unlimited clean energyBrandon Sorbom was rejected by Ph.D. programs. Now, he's a co-founder and chief scientist at Commonwealth Fusion Systems, backed by Jeff Bezos and Bill Gates.
Tech Sector News
GOP lawmaker leads colleagues in swearing off Big Tech campaign donations Several of the firms have already paused donations from their political action committees after the insurrection at the U.S. Capitol on Jan. 6.
UiPath climbs 17% in stock market debut after one of largest US software IPOs in history UiPath and its investors sold shares at $56 a piece in the IPO, bringing in $1.34 billion, one of the biggest IPOs ever for a U.S. software company
Watch live: Biden gives update on Covid vaccination campaign President Joe Biden will also announce that the U.S. this week is set to hit 200 million Covid shots administered since he took office.
U.S. vaccination pace holds above 3 million shots per day for two weeks straight About 40% of Americans have received at least one shot and roughly 1 in 4 are fully vaccinated.
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After Chauvin verdict, business leaders speak out saying fight for racial justice must continue Some of the country's top CEOs and tech executives shared their reactions to the Derek Chauvin verdict on Twitter, Facebook and in letters to employees.
These stocks could emerge as big winners from premium retail’s new frontier — your living room Higher-end retailers are taking unprecedented steps to bring the consumer experience to homes, according to Loup Ventures' Gene Munster.
Citron Research, short seller caught up in GameStop squeeze, pivoting to finding long opportunitiesCitron Research, which was forced to close out its short position in GameStop amid a frenzy in retail buying, said it will no longer publish short reports.
Dow drops more than 600 points Friday, suffers worst week since October amid GameStop trading frenzyHeightened speculative trading by retail investors continued to unnerve the market.
Defense & Aerospace Sector News
IAI’s Barak-ER Performs Successful Ballistic missile Intercept DefenseIsrael Aerospace Industries (IAI) today unveiled details of the comprehensive trials series of Barak-ER system, tested against a range of scenarios and threats, culminated with the intercept of a ballistic missile target by the BARAK ER (Extended Range) interceptor. BARAK-ER provides wide-area protection against a range of air, sea, and ground threats, including ballistic, ground-to-ground, and cruise missiles, UAVs, and helicopters. The post IAI’s Barak-ER Performs Successful Ballistic missile Intercept appeared first on Defense Update:.
The New Flight Training Center in Greece to Following the Israeli Model DefenseIsrael Ministry of Defense (IMOD) and Hellenic Ministry of National Defense have signed an expansive agreement of approximately NIS 5.5 billion (€1.375 billion) for the establishment and operation of an international flight training center for the Hellenic Air Force. Further expansions also include cooperation between the Israeli flight academy and Hellenic Airforce Academy and adding military helicopter pilot training at the facility. The goal of the new center is to train fighter pilots of the Greek Air Force and foreign…
