Business

US gasoline prices surpass $3.50 a gallon at the pumps as Iran war rages on

Wednesday, March 11 by SRN News

By Shariq Khan NEW YORK, March 11 (Reuters) - The national average retail price of gasoline crossed $3.50 a gallon this week to hit its highest since May 2024, data from price tracking services AAA and GasBuddy showed, as the Israel-U.S. war with Iran stokes... Read More.

FCC chair criticizes slow pace of Amazon satellite launches

Wednesday, March 11 by SRN News

WASHINGTON, March 11 (Reuters) - The chairman of the Federal Communications Commission dismissed criticism from Amazon.com of Elon Musk's SpaceX plan to launch a constellation of up to 1 million satellites. "I think Amazon should focus on getting Amazon's house in order with their own... Read More.

Papa John’s reviews fresh $1.5 billion take-private bid from Irth Capital, WSJ reports

Wednesday, March 11 by SRN News

March 11 (Reuters) - Papa John's International is reviewing a fresh bid from Irth Capital Management to take the U.S. pizza chain private, valuing it at about $1.5 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Shares of Papa... Read More.

Canada looks for ways to increase oil production to curb price spikes from Iran war

Wednesday, March 11 by SRN News

CALGARY, March 11 (Reuters) - Canada will look at ways to increase its crude production to help global efforts to stabilize oil prices in the face of the Iran war, Natural Resources Minister Tim Hodgson said Wednesday. The Canadian government is talking to the country's... Read More.

Tesla delivery slide may stretch to third year, some fear, as cash burn looms

Wednesday, March 11 by SRN News

By Abhirup Roy and Akash Sriram SAN FRANCISCO, March 11 (Reuters) - Tesla investors and analysts are cutting estimates for its electric vehicle deliveries and some are now expecting a third straight year of decline, pressuring profit as CEO Elon Musk refocuses on the expensive... Read More.

Higher oil prices will not spur more US production, oilfield services company Patterson-UTI says

Wednesday, March 11 by SRN News

By Georgina McCartney HOUSTON, March 10 (Reuters) - A surge in energy prices caused by the U.S.-Israel war with Iran will not lead to additional U.S. oil output without the market predictability needed to ensure more drilling, Andy Hendricks, CEO of oilfield services company Patterson-UTI,... Read More.

Global dealmaking in oil and gas upstream was muted in 2025, Enverus says

Wednesday, March 11 by SRN News

March 11 (Reuters) - Dealmaking in the international upstream oil and gas market remained subdued for the second straight year in 2025, totaling just $18 billion, analytics firm Enverus said on Wednesday. Fewer high-quality resources and lower oil prices limited the value of mergers and... Read More.

Grubhub taps drone startup Dexa for New Jersey aerial delivery pilot

Wednesday, March 11 by SRN News

March 11 (Reuters) - Grubhub and drone technology company Dexa announced a three-month pilot program on Wednesday to introduce aerial food delivery services to customers in Green Brook, New Jersey. Beginning next week, customers within a 2.5-mile radius of Grubhub-owner Wonder's Green Brook location will... Read More.

Leon Black could be deposed in Epstein accusers’ lawsuit against Bank of America, judge says

Wednesday, March 11 by SRN News

NEW YORK, March 11 (Reuters) - Billionaire Apollo Global Management co-founder Leon Black could be deposed as part of a civil lawsuit brought against Bank of America by women who accuse the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed... Read More.

Wall St opens mixed as investors assess inflation data

Wednesday, March 11 by SRN News

March 11 (Reuters) - Wall Street's main indexes opened mixed on Wednesday as investors assessed a key inflation report. The Dow Jones Industrial Average fell 15.7 points, or 0.03%, at the open to 47690.76. The S&P 500 rose 8.6 points, or 0.13%, to 6790.09 ,... Read More.

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Current Weather

US gasoline prices surpass $3.50 a gallon at the pumps as Iran war rages on

FCC chair criticizes slow pace of Amazon satellite launches

Papa John’s reviews fresh $1.5 billion take-private bid from Irth Capital, WSJ reports

Canada looks for ways to increase oil production to curb price spikes from Iran war

Tesla delivery slide may stretch to third year, some fear, as cash burn looms

Higher oil prices will not spur more US production, oilfield services company Patterson-UTI says

Global dealmaking in oil and gas upstream was muted in 2025, Enverus says

Grubhub taps drone startup Dexa for New Jersey aerial delivery pilot

Leon Black could be deposed in Epstein accusers’ lawsuit against Bank of America, judge says

Wall St opens mixed as investors assess inflation data

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