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Monday, June 21, 2021



Wall Street ends sharply higher, led by surging Dow

NEW YORK — Wall Street ended sharply higher on Monday, with the Dow completing its strongest session in over three months as investors piled back into energy and other sectors expected to outperform as the economy rebounds from the pandemic. The small-cap Russell 2000 and the Dow Jones Transports Average, considered a barometer of economic […]

Top cocoa producers threaten to name and shame brands over premiums

ABIDJAN — The world’s top two cocoa producers Ivory Coast and Ghana on Monday threatened to name and shame top chocolate brands who they say are undermining a scheme aimed at paying cocoa farmers a living income. The neighboring West African states, who account for over 60% of global output of cocoa, the main ingredient […]

Tesla to hold AI Day in ‘about a month’ for hiring – Musk

Tesla Inc chief Elon Musk is considering holding an AI Day in about a month, where the Silicon Valley billionaire will showcase the progress in AI software and hardware with an aim to recruit. “Looking at holding Tesla AI Day in about a month or so. Will go over progress with Tesla AI software & […]

Mortgage software co Blend Labs makes IPO filing public

Mortgage software maker Blend Labs Inc on Monday made public its paperwork for an initial public offering in the United States. (Reporting by Niket Nishant in Bengaluru; Editing by Ramakrishnan M.)

Exxon to cut U.S. workforce by up to 10% annually – Bloomberg News

Top U.S. oil producer Exxon Mobil Corp is preparing to cut its U.S. office workforce by between 5% and 10% every year for the next three to five years, Bloomberg News reported on Monday citing people familiar with the matter. The job cuts will target the lowest-rated employees relative to peers as part of a […]

Torchlight Energy shares surge as much as 74% in latest meme stock rally

Shares of Torchlight Energy Inc rose as much as 74% to a record high of $10.88 on Monday as it became one of the latest companies to grab the attention of retail investors. The oil and gas producer’s shares were recently up 59% at $9.97, with more than 360 million changing hands, making it the […]

George Clooney and friends open school to train film crews

The school, due to launch in 2022, is aimed at diversifying the entertainment industry by providing a path to well-paid jobs that have few...

Shortage of people, materials can slow energy transition – Enel CEO

MILAN (Reuters) - A shortage of personnel and basic materials are the main constraints to the pace of the energy transition for top power...

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