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April 29, 2021
I. New and Noteworthy III. Other Pending Petitions b. Petitions Relating to "Prior Express Written Consent" c. Petitions Relating to Automatic Telephone Dialing Systems (ATDS) d. Petitions Relating to "Junk" Faxing Rules e. Other Petitions Kelley Drye’s Communications Practice Group presents this tracker of active Telephone Consumer Protection Act (“TCPA”) petitions before the Federal Communications Commission (“FCC”). With the recent increase in litigat...
April 28, 2021
10 Best Automotive Stocks to Invest in Now Global car sales took a major battering due to the COVID-19 pandemic last year as the lockdown restrictions dramatically decreased demand for new vehicles. According to research by credit rating agency Moody’s, automotive unit sales plunged almost 16% in 2020, beating projections of a 14% drop at the beginning of the coronavirus crisis. This was the sharpest decline in car sales in many decades, even beating the 9% crash witnessed following the 2009 ...
April 26, 2021
His online tutoring firm, GSX Techedu Inc., has been battered in the stock market, tumbling more than 80% since late January. Last month, the investor with the largest exposure to the shares — Bill Hwang’s Archegos Capital Management — imploded when it was unable to answer margin calls. Short sellers including Carson Block’s Muddy Waters and others have been circling since last year, and GSX’s latest financial results showed wider-than-expected losses. It faced a new barrage this mont...
April 25, 2021
It’s been a turbulent few weeks for Larry Chen, a former school teacher from a poor Chinese village who’s now one of the world’s richest people. His online tutoring firm, GSX Techedu Inc., has been battered in the stock market, tumbling more than 80% since late January. Last month, the investor with the largest exposure to the shares -- Bill Hwang’s Archegos Capital Management -- imploded when it was unable to answer margin calls. Short sellers including Carson Block’s Muddy Waters...
April 21, 2021
Historic Oil Glut Amassed in the Pandemic Almost Gone Bloomberg 2 hrs ago Grant Smith and Julian Lee (Bloomberg) -- The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers. Popular Searches Barely a fifth of the surplus that flooded into the storage tanks of developed economies when oil demand crashed last year remained as of February, according to the Inter...
April 20, 2021
Historic Oil Glut Amassed During the Pandemic is Almost Gone Posted 20/04/2021 11:45 The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers. Barely a fifth of the surplus that flooded into the storage tanks of developed economies when oil demand crashed last year remained as of February, according to the International Energy Agency. Since then, the lingering remnants have be...
April 20, 2021
increase font size Historic oil glut amassed during pandemic has almost gone Drivers in California are already feeling the effects by paying almost $4 for a gallon of gas. By Grant Smith and Julian LeeBloomberg Read Article Storage tanks and cranes stand at an oil industry support facility in Port Fourchon, La., on June 11, 2020. In the U.S., the inventory pile-up has effectively cleared already, with stockpiles of crude and products subsiding in late February. Luke Sharrett/Bloomberg The u...
April 19, 2021
19 Apr in 10:40 The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers, Bloomberg reported. Barely a fifth of the surplus that flooded into the storage tanks of developed economies when oil demand crashed last year remained as of February, according to the International Energy Agency. Since then, the lingering remnants have been whittled away as supplies hoarded at sea plung...
April 18, 2021
Apr 18 2021, 11:17 PM April 18 2021, 12:30 PM April 18 2021, 11:17 PM (Bloomberg) -- The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery thatâs rescuing producers but vexing consumers. (Bloomberg) -- The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery thatâs rescuing producers but vexing consumers. Barely a fifth of the surplus that fl...
April 18, 2021
Publishing date: Apr 18, 2021 • 3 hours ago • 4 minute read • Article content (Bloomberg) — The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers. Barely a fifth of the surplus that flooded into the storage tanks of developed economies when oil demand crashed last year remained as of February, according to the International Energy Agency. Since then, ...