Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Natural Gas Plunges 11% After 13-Year High
Natural Gas Plunges 11%, After 13-Year High.
On April 19, United States natural gas futures
dropped over 11% one day after the contract
hit its highest level since September 2008.
.
On April 19, United States natural gas futures
dropped over 11% one day after the contract
hit its highest level since September 2008.
.
On April 18, natural gas futures surged
to above $8 per million British thermal units.
.
NBC reports that the May contract has
now dropped approximately 13% from that high.
.
Since the Russian invasion
of Ukraine began in late February,
natural gas prices have been rising.
.
The contract is up almost 90% for the year
and has seen five straight weeks of gains.
.
NBC spoke with Matt Maley, chief market
strategist at Miller Tabak, who suggested
that natural gas would likely see a pullback.
.
Maley points out that natural gas was the second-most overbought contract since 2003.
Its RSI chart is now up to levels
that have been followed by
short-term pullbacks in the past, Matt Maley, chief market strategist at Miller Tabak, via NBC.
We are still bullish on natural gas
(and natural gas-related stocks),
so we’re not saying that investors
should take profits right here, Matt Maley, chief market strategist at Miller Tabak, via NBC.
We are still bullish on natural gas
(and natural gas-related stocks),
so we’re not saying that investors
should take profits right here, Matt Maley, chief market strategist at Miller Tabak, via NBC.
Instead, we [are] merely saying
that investors should avoid chasing
these assets over the near term, Matt Maley, chief market strategist at Miller Tabak, via NBC.
NBC reports that the April 18
price surge can be attributed to
a number of different investor forecasts.
According to NBC, prices were driven by
forecasts for lower spring temperatures and record
amounts of LNG moving from the U.S. to Europe.
.
According to NBC, prices were driven by
forecasts for lower spring temperatures and record
amounts of LNG moving from the U.S. to Europe.
Walmart Reverses Course, , Closes Down Its , Walmart Health Division.
NBC reports that Walmart has announced
it will close all 52 of the doctor-staffed
health clinics the company operates.
The announcement comes as
part of the company's decision to
shut down its Walmart Health Initiative.
Clinics that will close down are located in
Arkansas, Florida, Georgia, Illinois and Texas. .
On April 30, the company also said it would
begin winding down its virtual care service.
The decision to end the Walmart Health Initiative
will not reportedly impact Walmart
pharmacies and vision centers.
Walmart said that it will work to direct current patients
to other providers covered by their insurance
networks to ensure they continue to receive care.
NBC reports that the news comes as a swift
reversal of Walmart's plan to expand its number
of doctor-staffed clinics to 70 by the end of 2024.
Through our experience managing
Walmart Health centers and
Walmart Health Virtual Care,
we determined there is
not a sustainable business
model for us to continue, Walmart statement, via NBC.
Other nontraditional health care
providers have also been forced to
reconsider their plans in recent years. .
Last month, Walgreens announced that it would
close 140 of the company's primary care clinics,
along with plans to shut down 20 more.
Credit: Wibbitz Top Stories Duration: 01:30Published
Law Enforcement Hiring , Increased in 2023 , Following Years of Decline.
NBC reports that police departments in the United States
have seen their first increase in ranks, changing course
on a historic exodus of officers in recent years.
According to a recent survey,
2023 saw more officers sworn in
than any of the previous four years. .
At the same time, the survey by the Police Executive
Research Forum (PERF) also found that fewer law
enforcement officers resigned or retired in 2023. .
Law enforcement numbers had been declining following
the COVID pandemic and nationwide protests against
police brutality following the death of George Floyd. .
Law enforcement numbers had been declining following
the COVID pandemic and nationwide protests against
police brutality following the death of George Floyd. .
I just think that the past four
years have been particularly
challenging for American policing.
And our survey shows we’re
finally starting to turn a corner, Chuck Wexler, Executive director of PERF, via NBC.
NBC reports that declining numbers left
many police departments with a shortage of
officers, which resulted in slower response times.
Chuck Wexler, executive director of PERF, warns that many police departments are still struggling to recruit and retain officers.
According to Wexler, law enforcement , "isn't out of the woods yet.".
At least a dozen smaller police departments in
the nation have been forced to disband, leaving those
municipalities reliant upon state or county police forces.
NBC reports that in addition to increased pay and
benefits, many police departments have chosen to
change application requirements to increase hiring
Credit: Wibbitz Top Stories Duration: 01:31Published
Elon Musk , Loses Appeal of , 'Twitter Sitter' Provision .
On April 29, the Supreme Court denied billionaire
Elon Musk's challenge to the terms of a Securities
and Exchange Commission agreement. .
On April 29, the Supreme Court denied billionaire
Elon Musk's challenge to the terms of a Securities
and Exchange Commission agreement. .
NBC reports that the SEC requirement
would require a lawyer to review
the Tesla CEO's social media posts. .
In his appeal, Musk argued that the SEC's requirement,
which has been dubbed the 'Twitter sitter' provision,
unlawfully imposed conditions on his freedom to comment. .
In his appeal, Musk argued that the SEC's requirement,
which has been dubbed the 'Twitter sitter' provision,
unlawfully imposed conditions on his freedom to comment. .
The SEC requirement stems from Musk's tweets in 2018 that
claimed he was taking Tesla private, which shocked the
market and caused shares in the company to surge.
The SEC requirement stems from Musk's tweets in 2018 that
claimed he was taking Tesla private, which shocked the
market and caused shares in the company to surge.
The SEC deemed the tweets
"materially false and misleading,"
and in clear violation of securities laws.
At the time, Musk agreed to settle the issue
with the SEC, which included his signing off
on the so-called "Twitter sitter" provision.
NBC reports that Musk has since said
the restrictions are unconstitutional and that
he was coerced into signing the SEC agreement.
According to court papers, lawyers
representing Musk have accused the SEC
of waging an "ongoing campaign" against Musk.
Musk's legal team claim the provision , "restricts Mr. Musk’s speech even
when truthful and accurate.".
It extends to speech not
covered by the securities laws
and with no relation to the conduct
underlying the SEC’s civil action, Elon Musk legal team, via NBC.
In response, the SEC said in court papers
that Musk waived his right to appeal
when he signed off on the settlement.
Credit: Wibbitz Top Stories Duration: 01:31Published
'Law & Order: Organized Crime' is coming back! But it's moving from NBC to Peacock. Sources tell The Hollywood Reporter that Peacock is putting the finishing touches on a deal that would see the series starring Christopher Meloni move from NBC to the streaming service for a fifth season consisting of 10 episodes. Reps for Peacock, NBC, producers Universal Television and executive producer Dick Wolf declined to comment as a deal has yet to officially close.
Credit: The Hollywood Reporter Duration: 01:17Published
Sabrina Impacciatore of 'The White Lotus' and Domhnall Gleeson from 'Star Wars: The Rise of Skywalker' have been cast in the new take on the beloved NBC Steve Carell-led comedy 'The Office.'
Credit: The Hollywood Reporter Duration: 01:08Published
Oleksandr Pielieshenko -- a former weightlifting champion who competed in the 2016 Olympics -- tragically died while fighting in the Ukraine-Russia war, the.. TMZ.com
As Chinese leader Xi Jinping touched down in France on Sunday (May 5) for a state visit, all eyes turned to Paris where President Emmanuel Macron aims to navigate delicate diplomatic waters. Macron is anticipated to leverage the visit to press Xi for a firmer stance against Russia amidst the ongoing conflict in Ukraine. However, even before Xi's arrival, the streets reverberated with the voices of Tibetan protesters, highlighting the contentious issue of China's occupation of Tibet. Since the annexation by the People's Republic of China in 1951 following the Battle of Chamdo, Tibet's sovereignty has been a persistent source of tension, underscored by China's assertion of control over the region from January 1, 1950. Against this backdrop, Macron's diplomatic balancing act takes center stage, emblematic of the intricate dance between global powers and human rights advocacy.
#FranceProtests #AntiChina #XiJinping #MacronMeeting #TibetanProtest #XiVisit #FranceChinaRelations #PoliticalProtest #HumanRights #FreeTibet #Democracy #ProtestAction #GlobalActivism #Solidarity #FreedomOfExpression
~HT.178~PR.152~ED.194~GR.124~
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