Page 208 - Basic Materials Resources News Today

Executive bought one of the less-glamorous arms of Gulf & Western

The discount retailer posts first-quarter adjusted earnings of $1.47 a share, below analysts expectations of $1.52.

Ninety percent of seafloor animals found are new to science, including shrimplike arthropods, worms and sponges

Exxon Mobil has bought land in Arkansas that contains lithium, a key component in lithium-ion batteries that power electric vehicles.

Ford announces several agreements with lithium miners. The auto maker is trying to lock up supplies of the metal so it can build millions of electric vehicles.

China bans companies from buying chips from Micron Technology, PDC Energy is being acquired by Chevron, Meta Platforms is fined $1.3 billion by privacy regulators in the European Union, and PacWest sells off real estate loans.

Investors have a lot to digest from Fords 2023 Capital Markets Day.

Oil giant quietly laid plans this year for producing mineral in Arkansas

Using hydrogen as a low-carbon or no-carbon power source has been hyped in the past. But uses are now multiplying from fuel cells to industrial usage. The problem: There remain obstacles, and a hydrogen-driven cleanup is still a ways off.

The miner is riding the wave of growth in electric vehicles. UBS analyst Joshua Spector has upgraded the stock from Hold. His price target went to $225 a share from $196.