Why the USO oil ETF is a better buy than crude futures as the Iran war rages
The United States Oil Fund has climbed by 58% since the start of the Iran war, more than double the gain of WTI crude futures.
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Peter Thiel just gave the public its closest look yet at his ‘Antichrist’ theory—and it’s a tech and climate regulator
Peter Thiel has spent 30 years arguing, on political and economic grounds, the regulatory state is the primary obstacle to technological progress. He cofounded Palantir, the surveillance and data-analytics company whose government contracts depend on minimal oversight. He was the first outside investor in Facebook, an early backer of dozens of AI companies, and the…
Rotunda-backed RMH Systems snaps up material handling integrator Top Shelf
The acquisition marks RMH’s second add-on since partnering with Rotunda Capital Partners in February 2025 Top Shelf founder Tim Neroni will remain onboard to lead the Ohio operation RMH Systems, a portfolio company of Rotunda Capital Partners, has acquired Top Shelf, a Columbus, Ohio-based material handling integrator. No financial terms were disclosed.
New York Sues 3M, DuPont, Other Firms for Funding of PFAS Cleanup
New York’s attorney general sued several large chemical and agricultural companies on Thursday, alleging they knowingly sold harmful so-called forever chemicals used in cosmetics, non-stick cookware and other products. The lawsuit against 3M, DuPont de Nemours, The Chemours Company and Corteva and other manufacturers is the latest legal action over PFAS, which have been linked…
AI won’t kill offshoring; it will supercharge it
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Tesla Expands Robotaxi Service to Orlando, Tampa
Tesla this week expanded its robotaxi service to Orlando and Tampa, as the electric-vehicle maker races to prove that it can scale its autonomous ride-hailing business beyond its initial launch markets. The move comes a day before Tesla reports second-quarter earnings, with Wall Street closely watching the progress on robotaxis, which underpin much of the…
