LIV Golf CEO Denies "Speculation" That Saudi Arabia On Cusp Of Severing Ties

OpenAI Misses Revenue, User Targets As CFO Fears $1.5 Trillion In Commitments Can't Be Paid Earlier today, when previewing this week's earnings by the Mag 7 which account for over $10 trillion in market cap set to report Q1 results after the close on Wednesday, Goldman's Delta-One head Rich Privorotsky said that "Equities are being driven by one thing…AI spend", and warned that "it's hard not to respect the strength of the AI bid, but the velocity has been extreme. The upside surprise vs expectations has almost entirely come from AI...

USPS Could Run Out Of Funds Within A Year Without Congressional Action: Postmaster General Authored by Kimberly Hayek via The Epoch Times (emphasis ours), U.S. Postal Service Postmaster General David Steiner said on March 4 that the service could run out of cash reserves within a year unless Congress removes a decades-old cap and allows the agency to borrow more money. A USPS van driver parks the car on a street in Manhattan, New York City, on August 24, 2020. Chung I Ho/The Epoch Times If it doesn’t, the service risks not being...

Mexico Bans Fracking In Key Shale Basin By Julianne Geiger of OilPrice.com Mexico has ruled out fracking in a key shale basin, drawing a line through a resource-rich area even as the country looks for ways to cut its dependence on U.S. natural gas. President Claudia Sheinbaum said hydraulic fracturing will not be allowed in the Tampico-Misantla basin beneath Veracruz and Tamaulipas. The government cited the basin’s dense population, indigenous communities and freshwater reserves. Sheinbaum ordered a panel to examine whether unconventional gas could help reduce imports from the United States. Mexico buys...