Letter from Google CEO to Employees: 12,000 jobs to be cut

Eat The Rich: California Democrats Trigger Reverse Gold Rush With Wealth Tax Authored by Jonathan Turley, This month, the anniversary of the California Gold Rush came and passed with little mention … for good reason. When James W. Marshall found gold at Sutter’s Mill, millions traveled great distances to seek their fortune in the “Golden State.” Now, 178 years later, California has engineered an inverse Gold Rush, virtually chasing wealth from the state. Rather than covered wagons going West, there is a line of U-Hauls going anywhere other than California. From boondoggle projects to reparations, California...

European Car Sales Jump 11% As Fuel Shock Drives EV Demand European auto sales posted their strongest monthly gain in almost two years in March, as robust demand emerged for fully electric and hybrid models. The surge in demand follows the US-Iran conflict, which disrupted energy flows through the Hormuz chokepoint. As a result, petrol and diesel prices at the pump in Europe soared. Another issue is China flooding the continent with cheap EVs, undercutting already struggling domestic automakers. Bloomberg cited new-vehicle registration data for last month showing an 11%...

After Record $19.50 Premium, Saudis Eye Sharp Cut To June Asia Prices Submitted by Charles Kennedy of OilPrice.com The world’s top crude exporter, Saudi Arabia, is expected to slash its official selling prices (OSPs) for crude loading for Asia in June from the record-highs for May as the premiums of the Middle Eastern benchmarks eased this month. Saudi oil giant Aramco is widely expected to announce in early May a reduction of the OSP of the flagship Arab Light crude by between $5 and $12 per barrel compared to the Oman/Dubai average,...