Extreme cold weather knocks out Suncor refinery until next March

Colorado facility represents 21% of Suncor’s refining capacity Published Dec 29, 2022  •  1 minute read 5 Comments Suncor’s Commerce City refinery in Colorado has been closed for repairs after extreme cold weather in the U.S. damaged equipment. Photo by Suncor Energy Inc. Extreme cold weather in the United States has knocked out operations at… Continue reading Extreme cold weather knocks out Suncor refinery until next March

Wall Street’s biggest Tesla bull still sees the stock rebounding 122% from current levels – and doesn’t blame Musk’s Twitter dalliance for a brutal December sell-off

Tesla stock is down more than 65% in 2022, but longtime bull Adam Jonas of Morgan Stanley isn’t giving up. Despite recently trimming his price target, Jonas still sees 122% upside for Tesla shares. He thinks Tesla will extend its lead in the electric-vehicle space next year, and also benefit from the Inflation Reduction Act.… Continue reading Wall Street’s biggest Tesla bull still sees the stock rebounding 122% from current levels – and doesn’t blame Musk’s Twitter dalliance for a brutal December sell-off

Warren Buffett’s salary has been $100,000 a year for over 4 decades. Take a look at the billionaire investor’s unique compensation.

Warren Buffett’s annual salary has been $100,000 for more than 40 years. Berkshire Hathaway spends triple that amount on his security each year. Buffett lives modestly despite owning about $100 billion of Berkshire stock. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go.… Continue reading Warren Buffett’s salary has been $100,000 a year for over 4 decades. Take a look at the billionaire investor’s unique compensation.

Legendary investor Jeremy Grantham flagged a ‘superbubble’ in asset prices and predicted a historic market crash. Here are his 8 best quotes of 2022.

Jeremy Grantham flagged a “superbubble” in asset prices and warned of an epic market crash last year. The GMO cofounder and market historian also panned bitcoin and predicted a global housing slump. Here are Grantham’s 8 best quotes of 2022. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Legendary investor Jeremy Grantham flagged a ‘superbubble’ in asset prices and predicted a historic market crash. Here are his 8 best quotes of 2022.

The market chaos sparked by Russia’s invasion of Ukraine may finally be over, according to these 5 charts

Prices for commodities like oil, natural gas and wheat soared after Russia invaded Ukraine in February. The euro fell below parity with the dollar as markets fretted the war would trigger an economic crisis. These 5 charts show the market chaos sparked by Russia’s invasion may finally be coming to an end. Loading Something is… Continue reading The market chaos sparked by Russia’s invasion of Ukraine may finally be over, according to these 5 charts

Morgan Stanley just revamped a 9-stock list that’s beaten the S&P 500 by 18% over time. Here’s what’s on it — and how much further each one has to run.

Attention has shifted from interest rates and inflation to earnings growth and a looming recession. Morgan Stanley cautions investors against assuming that markets have priced in the bottom.  But the firm still sees opportunity in the stock market, as reflected by its revamped fresh-money buy list, which contains nine stocks. The Federal Reserve’s moment of… Continue reading Morgan Stanley just revamped a 9-stock list that’s beaten the S&P 500 by 18% over time. Here’s what’s on it — and how much further each one has to run.

What net zero looks like and what it could mean for Canada

This advertisement has not loaded yet, but your article continues below. Watch: David Layzell, an energy transition architect, talks about the outlook for the energy sector in 2023 and beyond Published Dec 31, 2022  •  Last updated 5 hours ago  •  < 1 minute read 6 Comments Canada has laid out its target for electric vehicles… Continue reading What net zero looks like and what it could mean for Canada

David Rosenberg: Jay Powell is making it up as he goes along to justify tightening at any cost

The bull market must really be into disingenuousness U.S. Federal Reserve chair Jerome Powell is trying to find any reason to keep on tightening, writes David Rosenberg. Photo by Win McNamee/Getty Images Remember in the first half of the year when real gross domestic (GDP) in the United States was contracting, and U.S. Federal Reserve… Continue reading David Rosenberg: Jay Powell is making it up as he goes along to justify tightening at any cost