The International Energy Agency (IEA) has reported that oil markets are set to face a supply deficit for the duration of this year due to ongoing production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+.
Expansion into Los Angeles
Waymo has been diligently working towards perfecting its self-driving technology, and after successful testing in various cities, including San Francisco and Phoenix, the company is confident in introducing fully autonomous rides to residents of Los Angeles.
Cresco Labs, a leading vertically integrated multi-state cannabis operator, has recently reported its financial results for the fourth quarter and full year of 2023. The company’s earnings report reflects significant profitability and cash flow improvements, solidifying its position as a formidable player in the industry.
According to a recent survey, parents are shelling out nearly $17,000 every year to help their adult children. This financial burden is impacting households across the country, as parents are struggling to provide for their own needs while supporting their children.
After years of analyzing and revising its internal unit sales, ADM has reported a rise in its overall performance. The company announced that its sales distribution strategy has played a crucial role in this success.
Federal Reserve Chair Jerome Powell reiterated on Wednesday that he still expects to cut interest rates later this year, but emphasized that the central bank is not yet ready to take action.
Netflix is cracking down on password sharing this year, joining other streaming platforms like HBO Max in an effort to reduce account misuse. This decision comes after years of lax enforcement of the rules against password sharing, which has allowed many users to freely share their login credentials with friends and family.
Strong sales performance
The company reported a 15% increase in revenue for the last quarter, driven by the growing demand for its AI-driven solutions among businesses looking to streamline their operations and improve efficiency.
Despite warnings about the risks associated with investing in real estate, the New York Community Bank’s (NYCB) stock value experienced a significant increase in the years leading up to its recent downfall.
Detroit Mayor Mike Duggan announced plans to completely demolish the Packard Plant by the end of this year. The city is seeking to make way for a new auto plant in the area. Duggan revealed this information during a press conference held earlier today.
