Tellurian tightens belt amid dim short-term outlook for LNG industry

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Tellurian tightens belt amid dim short-term outlook for LNG industry

Houston liquefied natural gas company Tellurian is tightening its belt amid a global supply glut of LNG attributed to a warm winter and weaker demand from China where the coronavirus has forced industrial customers to shut in production. In a Monday …
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Gas prices in Meadville area drop 7 cents per gallon over past week

The cost of a gallon of gas dropped 7 cents in the Meadville area over the past week, but prices remain above the state average. According to GasBuddy’s daily survey of 5,269 stations, prices in Meadville were $2.72 Monday while the state average dropped …
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Nearly Two-Thirds of the Public Have Seen a Michael Bloomberg Ad on TV

Bloomberg and Trump ads were the most pervasive, with 65 percent and 62 percent of adults, respectively, saying they had seen ads from the
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Wayfair's losses in 2019 were nearly $1 billion

Wayfair Inc. reported a loss of $330.2 million in the fourth quarter, bringing the tally for 2019 to nearly $1 billion. “Wayfair ends its fiscal year on a downbeat note, proving once again that it is incapable of operating its business profitably,” wrote Neil Saunders, …
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Dow jumps big in Monday trading following 7-day rout

Stocks rose sharply on Wall Street Monday, clawing back some of the losses they took in a seven-day rout brought on by worries that the coronavirus outbreak will stunt the global economy. The Dow Jones Industrial Average surged more than 700 points, …
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