As oil soars, OPEC and its allies unlikely to offer relief

With the price of a barrel of oil soaring, the group known as OPEC Plus declined to take action to cool the market at its monthly meeting on Wednesday. In a statement that had surreal qualities given the surge in prices in recent weeks, the group, which includes Russia, said current fundamentals and future prospects … Read more

Senators ask if Russia can use cryptocurrencies to circumvent sanctions

Four US senators want Treasury Secretary Janet L. Yellen to explain how her department plans to get cryptocurrency firms and other digital asset intermediaries to do their part in enforcing economic sanctions against Russia. In a Wednesday letter, four Democrats — Elizabeth Warren of Massachusetts, Mark Warner of Virginia, Sherrod Brown of Ohio and Jack … Read more

Ford splits into electric and gas divisions to speed transition

Ford Motor has decided that the best way to make the transition to electric vehicles is to transform first. On Wednesday, the automaker said it had reorganized its automotive operations into two separate businesses – one that manufactures its gasoline-powered vehicles and focuses on maximizing profits and another that develops and ramps up production of … Read more

Oil touches $113 and stocks are rocked by uncertainty in Europe

Soaring energy prices and uncertainty over the impact of economic sanctions imposed after Russia’s invasion of Ukraine rattled stock markets on Wednesday. S&P 500 futures were pointing to a positive start after closing down 1.6% on Tuesday. European oil and natural gas prices continued to rise rapidly. Brent crude, the global benchmark, rose more than … Read more

UN takes first step towards ‘historic’ treaty on plastic pollution, including plastic waste ‘epidemic’

The United Nations launched formal negotiations on Wednesday on a global treaty to tackle the planet’s “epidemic” of plastic litter – a move supporters say is historic. The United Nations Environment Assembly (UNEA), meeting in Nairobi, Kenya, was set to adopt a resolution establishing an intergovernmental committee to negotiate and finalize a legally binding agreement … Read more

Oil hits $113 a barrel and stocks are rocked by uncertainty in Europe.

A Ford F-150 Lightning electric pickup truck being assembled in Dearborn, Michigan in January.Credit…Brittany Greeson for The New York Times Ford Motor has decided that the best way to make the transition to electric vehicles is to transform first. On Wednesday, the automaker said it had reorganized its automotive operations into two separate businesses – … Read more

Hawaii to lift COVID quarantine requirement for travelers this month

Hawaii plans to lift its COVID-19[feminine exigence de quarantaine pour les voyageurs ce mois-ci, ce qui signifie qu’à partir du 26 mars, ceux qui arrivent d’autres endroits aux États-Unis n’auront pas à présenter une preuve de vaccination ou un test négatif pour éviter de se séquestrer pendant cinq jours. Hawaï est le seul État américain … Read more

Want to help Ukrainians? Here are the ways to donate.

Americans who seek to support the people of Ukraine like The Russian Army books that the Eastern European country can donate to organizations that are already helping to feed and even arm them. Nearly 700,000 people fled Ukraine for neighboring countries, while European Union officials predict that up to 7 million people could eventually be … Read more

Anonymity in Crypto Raises Alarm

At work, he makes an exception to secrecy. In calls with clients, he often uses his real first name to introduce himself, fearing that traditional corporate executives would be uncomfortable working with someone known simply as Legend. In the past year, venture capital firm Paradigm has also hired engineers and researchers who operate anonymously; they … Read more