[ad_1] The beer giant Anheuser-Busch announced Tuesday the signing of a 15-year virtual power purchase agreement with Recurrent Energy for a 222-megawatt (AC) project in the United States. West Texas. In 2017, Anheuser-Busch committed to purchasing 100% renewable electricity by 2025. AES Distributed Energy has already signed renewable energy agreements for a 2.76 megawatt solar … Read more
[ad_1] Wednesday's gold prices were heading towards the highest level and the longest streak of victories in more than a year, as the prospect of a rate cut by the Federal Reserve due to signs of economic weakness at United States was added to the purchase of bullion. Gold for the August delivery on Comex … Read more
[ad_1] The shares could continue to rise after Tuesday's monster rally, triggered by Federal Reserve Chairman Jerome Powell. The stock futures are announcing another day of gains on Wednesday as investors continue to consider signs that the Fed chief is open to a reduction in interest rates. Of course, some would argue that Powell did … Read more
[ad_1] Bloomberg News / Landov ADP signs are posted while job seekers are lining up at an employment show in Los Angeles, California. Numbers: Private sector employers recruited only 27,000 people in May, said Wednesday ADP, a payroll company. This was greatly missed by the 175,000 jobs forecast by economists surveyed by Econoday. What happened: … Read more
[ad_1] The private sector has only created 27,000 jobs in May – the lowest number in 9 years – well below the 173,000 expected economists, Wednesday announced ADP and Moody's Analytics. Why it's important: The data is usually a good barometer of what needs to be in the government's official jobs report. This is because … Read more
[ad_1] Job creation nearly ended in May, another sign of slowing US economic momentum. Businesses created only 27,000 new positions during the month, according to a report released Wednesday by payroll firm ADP and Moody's Analytics, well below the 173,000 estimated by Dow Jones. Reading was the worst since the beginning of the economic expansion … Read more
[ad_1] As a Dow Jones Industrial Average DJIA, + 2.06% , S & P 500 SPX, + 2.14% and Nasdaq Composite COMP + 2.65% lost between 6.6% and 7.9% in the worst month of May for equities since 2010, bond prices have skyrocketed. Bond yields, which move in the opposite direction of price, fell below … Read more
[ad_1] Microsoft and Oracle announced today a new alliance that will allow both companies to directly connect their clouds through a direct network connection, so that their users can then seamlessly transfer workloads and data between them. This alliance goes beyond basic direct connectivity and also includes the interoperability of identities. This type of alliance … Read more
[ad_1] Eric Vines (left), director of research and development at Michelin, and Steve Kiefer (right), global purchasing manager at GM, present the type of company Tweel, called Uptis. Mack Hogan | CNBC General Motors and tire manufacturer Michelin have teamed up to design a prototype of a new type of wheel, designed to replace the … Read more
[ad_1] (Kitco News) – The price of gold is up 1% on the day and near the highs of the session following significantly weaker growth in private sector employment, according to the company's latest report Private payroll management ADP. On Wednesday, ADP said 27,000 jobs were created in May, lacking expectations; Consensus forecasts predicted an … Read more