Pickton’s focus is on redeveloping a depleted hydrocarbon reservoir into a natural gas storage facility to serve Texas and regional gas markets John Holcomb serves as CEO of Pickton Pickton’s initial phase is fully contracted and expected to commence commercial operations in the Spring of 2028 Tailwater Capital has made an investment in Pickton Gas…
Dive Brief: Retail sales edged up 0.2% last month after a 1% gain in May, the Census Bureau reported Thursday, as the declining price of gasoline veiled healthy consumer spending at auto, electronics and other retailers. Census Bureau data show that sales at retailers in June notched the fifth straight monthly increase even as spending…
Signage for SBI Funds Management Ltd. at a news conference in Mumbai, India, on Thursday, July 9, 2026. Bloomberg | Bloomberg | Getty Images India’s biggest public market offering this year, SBI Fund Management, has garnered bids worth 2.97 trillion rupees ($30.7 billion), underscoring the liquidity available in the market ahead of the much larger…
Chinese startup Moonshot AI has released the latest version of its Kimi AI model, further shrinking the performance gap between Chinese and U.S. models just as global businesses are increasingly questioning the cost of deploying models from Anthropic and OpenAI. On July 16, Moonshot AI unveiled Kimi K3, the latest version of its Kimi model….
After announcing a cease-fire deal in June, the conflict in the Middle East is back on, with strikes resuming and U.S. President Donald Trump reimposing a naval blockade. On July 13, oilprice.com reported that oil prices jumped “more than 8%” after Trump announced the blockade. Aside from the immediate price jump, Trump’s stance on the…
Back-to-school haircuts; two revenue books; voluntary surrender; and other highlights of recent tax cases. Processing Content Concord, New Hampshire: Anthony Sanborn, a.k.a. Andy Sanborn, 64, pleaded guilty to theft of government funds. Sanborn is scheduled for sentencing on October 15. Sanborn owned and operated Win Win Win, a company that did business as Concord Casino….
US President Donald Trump addresses the nation from the East Room of the White House in Washington, DC on July 16, 2026. Saul Loeb | Via Reuters President Donald Trump will home in on alleged threats to the integrity of U.S. elections in a primetime address to the nation set for Thursday at 9 p.m….
Will Ferrell in ‘The Hawk’ on Netflix. Photo by Colleen E Hayes/Netflix “Comedy is free speech!” yelled Will Ferrell at the packed premiere for his new Netflix series The Hawk. Animated and clearly energized, Ferrell urged the crowd to tell their friends about the show in hopes of earning a second season. Ferrell reunites with…
PwC and one of its partners was hit with more than £3 million ($4.1 million) of fines by a U.K. regulator over its audits of Babcock International Group Plc. Processing Content The Financial Reporting Council said PwC and the audit engagement partner, John Waters, “admitted serious and numerous breaches,” according to a statement on Thursday….
Airbnb cofounder and CEO Brian Chesky appears to have been the target of a cyberattack, a source with knowledge of the situation tells Fortune. On Monday, Chesky’s X account shared a multi-post thread setting out a bullish view on “real-world asset tokenization,” a term from the crypto world that describes converting traditional assets like stocks…