Gazprom Considers Major Staff Cuts Amid Energy Market Shifts
Russian energy giant Gazprom is considering a 40% reduction in its headquarters staff following its first loss in 24 years, reflecting the impact of Western sanctions and changing energy dynamics.
Energy Stocks Outperform S&P 500 in Early 2025, Reversing Two-Year Trend
Energy stocks have surged 5% in the first weeks of 2025, outpacing the S&P 500 index's 1% loss after underperforming for the past two years.
Meta Overhauls Content Moderation and DEI Policies Amid Changing Political Landscape
Meta announces significant changes to its content moderation and diversity policies, reflecting a shift in corporate strategy and potentially aligning with the new political environment.
US Intensifies Sanctions on Russia's Oil Industry
The US and UK have imposed broader sanctions on Russia's oil industry, targeting major producers and tankers involved in oil trade.
Los Angeles Wildfires Devastate Region, Economic Impact Could Exceed $50 Billion
Multiple wildfires continue to burn across Los Angeles County, forcing evacuations and causing widespread destruction. Economic losses could top $50 billion.
US Startups Tap Local Semiconductor Fabs for AI Chip Production
Companies like Positron AI and Groq are utilizing US-based semiconductor fabrication facilities to compete in the AI chip market, offering potential cost and geopolitical advantages.
Record Consumer Tech Spending Projected, Barring Trump Tariffs
The Consumer Technology Association forecasts $537 billion in consumer tech spending for 2025, but warns proposed tariffs could significantly impact this projection.
Ukrainian Drone Strike Targets Russian Port Supporting 'Shadow Fleet'
A Ukrainian long-range drone attack on Russia's Ust-Luga port near St. Petersburg has disrupted operations of Moscow's sanctions-evading energy export network.
Las Vegas Cybertruck Explosion Raises Questions on Energy Storage Safety
An explosion involving a Tesla Cybertruck in Las Vegas highlights potential safety concerns regarding energy storage in electric vehicles.