US oil drillers cut the most rigs in a week in nearly five years: Baker Hughes

·

·

US oil drillers cut the most rigs in a week in nearly five years: Baker Hughes

(Reuters) – U.S. energy firms cut the most oil rigs in a week since April 2015, removing rigs for a second week in a row as a coronavirus-related slump in economic activity and fuel demand has forced massive retrenchment in investment by oil and gas …
See Original Article

Hendersonville UPS store evacuated after suspicious package detonates, releases white powder into building

HENDERSONVILLE, NC (WSPA) – A UPS store in Hendersonville was evacuated after a suspicious package was left, detonated and put out a white powder in the building on Friday. According to a City of Hendersonville news release, at around 11 a.m. an …
See Original Article

OneWeb to file for bankruptcy as effort to securing funding, including from investor Softbank, falls through

Broadband constellation satellite operator OneWeb will file for bankruptcy protection in the U.S., likely some time Friday, after attempts to secure new funding, including from existing investor SoftBank, fell through, TechCrunch has learned. The Financial Times …
See Original Article

Bankrupt Lucky's Market to sell 23 stores, distribution center for $29 million

As part of a court-supervised auction, bankrupt Lucky’s Market plans to sell 23 stores and its distribution center for about $29 million to 10 winning bidders, including its founders and Publix Super Markets, Aldi, Southeastern Grocers, Schnuck Markets and …
See Original Article

Tesla to slash 75% of staff at Nevada factory due to coronavirus

Tesla plans to slash on-site staff at its Nevada battery plant by around 75% due to the coronavirus pandemic, the local county manager said. The move comes after its Japanese battery partner Panasonic said it would scale down operations at the Nevada …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.