Hot Pot, Hot Mess: Service Robot Goes Berserk In San Jose Dining Room, Must Be Tackled By Staff

California Dreamin' Isn't What It Used To Be Authored by Kenin M. Spivak via RealClearPolitics, California’s elected Democrats can’t move beyond pandering. Gov. Gavin Newsom is fixated on reparations for African Americans, and the legislature’s Democratic Party majority is once again trying to divide Californians by race, sex, and gender orientation. In 1996, California stunned the nation when 55% of voters approved Proposition 209, which amended the state’s constitution to prohibit public institutions from considering race, sex or ethnicity in employment, contracting, and education. Ten years later, the United States Supreme Court...

China's Refiners Slash Runs To Lowest Since 2017, As Asia Refiners Slow Purchases Of Mid-East Oil A little over a month ago, we explained that energy traders are "Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports", and highlighted how already razor-thin independent refiner (teapot) margins had plunged to record negative as a result of the war in Iran and government policies meant to keep prices from rising. Fast forward to today when the previously discussed dynamics have gotten progressively worse, and this morning Bloomnberg writes that...

PG&E, California Utilities Crash As Wildfire Bill Spark Downgrade Wave Shares of California's largest publicly traded utilities crashed on Monday morning after state lawmakers unveiled wildfire legislation that failed to provide the liability protections Wall Street analysts had hoped for. PG&E plunged as much as 21%, its sharpest decline since 2020, while Edison International crashed as much as 24%, its largest drop since 2018. Sempra fell 5%. The development sparked a wave of Wall Street downgrades tracked by Bloomberg. Mizuho Securities downgraded PG&E, Edison, and Sempra to neutral from outperform, citing the...