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A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024. Anthony Prieto | Bloomberg | Getty ImagesOil prices may see a drastic fall in the event that oil alliance OPEC+ unwinds its existing output cuts, said market watchers who are predicting a bearish year ahead for crude.”There is more fear about 2025’s oil prices than there has been since years — any year I can remember, since the Arab Spring,” said Tom Kloza, global head of energy analysis at OPIS, an oil price reporting agency.”You could get down to $30 or $40 a barrel if OPEC unwound and didn’t…

Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership.The two companies say the the deal is now worth $5.8bn (£4.55bn) – up from an initial pledge of $5bn by VW.Shares in the US electric vehicle (EV) maker jumped more than 9% in after-hours trading following the announcement.The tie-up will see the firms sharing critical technology at a time of slowing global demand for electric cars and increased competition from Chinese rivals.The joint venture provides loss-making Rivian with a crucial source of funding as it prepares for…

Disney ABC is banking on sitcom icons Tim Allen and Kat Dennings in their upcoming series Shifting Gears. Allen and Dennings star in the upcoming series, which received a pilot order in March 2024. Shifting Gears centers on the owner of a car restoration shop who gets a chance to reconnect with his estranged daughter and his grandchildren. The ABC series comes three years after Allen’s previous sitcom Last Man Standing wrapped its nine-season run. Before Last Man Standing, Allen was known for his role as Tim “The Toolman” Taylor on the ABC sitcom Home Improvement, which ran from 1991…

Donald Trump has officially ushered Elon Musk into his future administration.The president-elect said Tuesday that Musk would help lead the Department of Government Efficiency.Trump has tasked Musk and businessman Vivek Ramaswamy with curbing federal spending. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. President-elect Donald Trump on Tuesday said that Tesla CEO Elon Musk…

The three big airports that serve New York City have proposed allowing concession prices to rise and adding a surcharge to cover higher wages and improved worker benefits. Source link

“Saturday Night Live” star Chloe Fineman says Elon Musk was the worst guest host she ever came across … because he made her cry. Chloe outed herself as the cast member Elon brought to tears on ‘SNL’ during his 2021 appearance in a since deleted social media post … and we tackled the topic on “TMZ Live.” Play video content TMZ.com Elon’s since come out and defended his actions … and this story is generating a lot of hot takes in our office. Check your local listings for when TMZ is on in your area or catch up on past…

While a new coat of paint can transform a home, it can also work against your clients if the colors don’t resonate with potential buyers. According to a report from Fixr, the 2024 paint color trends are in, and listing agents are weighing in on how certain hues can impact a home’s value. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan.…

Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024.Anna Moneymaker | Getty ImagesPresident-elect Donald Trump said Tuesday that Elon Musk and former Republican presidential hopeful Vivek Ramaswamy will lead an efficiency group when his second term begins in January.Trump wrote in a post that the Department of Government Efficiency, or DOGE, will “become, potentially, ‘The Manhattan Project’ of our time.” He also said the group would, “pave the way” for his next administration to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.”Trump didn’t specify where cuts will take…

With the lockouts, $930m of goods are being affected daily, affecting supply chains and local economy, the government says.Canada’s labour minister is intervening to end the lockouts of workers at the country’s two biggest ports. Minister of Labour Steven Mackinnon said on Tuesday that the negotiations had reached an impasse and he was directing the Canada Industrial Relations Board to order the resumption of all operations at the ports of Vancouver and Montreal and move the talks to binding arbitration. Port of Montreal’s workers were locked out on Sunday and workers in Vancouver on the Pacific Coast have been locked…

Welp. That was awkward. On the November 12 edition of The Drew Barrymore, the host welcomed guest Martha Stewart, who has been in the news of late due to a documentary about her life that includes such bombshells as Stewart having cheated on her husband. Martha Stewart appears here as a guest on The Drew Barrymore Show. (The Drew Barrymore Show) In this latest instance, the 83-year old was honored by Barrymore as the “original” influencer… and then things got weird. At one point, Barrymore bit her finger and asked Martha: “What makes you soft and gooey?” Uhhh, “soft and…