News
Important Only
Commodities
Phillips 66 to cut jobs as Los Angeles refinery shuts, Bloomberg News reports
Feb 5 (Reuters) - Phillips 66 PSX.N will lay off around half of its employees at its sole remaining oil refinery in California after shuttering operations, Bloomberg News reported on Thursday, citing a filing with California's employment regulator.Reuters
Thu, Feb 5
Other
US environmental enforcement by Trump's EPA drops to record low
By Valerie VolcoviciWASHINGTON, Feb 5 (Reuters) - Federal enforcement action against polluting companies in the U.S. fell to a historic low in 2025, the first year of President Donald Trump's second term, according to a report released on Thursday.Just 16 complaints were filed in civil court by ...Reuters
Thu, Feb 5
Cryptocurrencies
What Happens Now That The XRP Price Has Revisited The October 10 Lows?
XRP is back at a level traders remember all too well. The cryptocurrency suffered a sharp flash crash on October 10 that sent the price crashing down from $2.82 to $1.58 before an equally fast rebound toward $2.36. Months later, that same zone is back in play, but this time without the volatility sp...NewsBTC
Thu, Feb 5
Cryptocurrencies
Ethereum Price Forecast: $1,500 Risk Appears For ETH And Why This $0.04 Token Is The Best Crypto To Invest In
Market instability is prompting investors to reassess their portfolios. Ethereum is showing signs of concern, with significant indicators showing that the cryptocurrency is headed for further declines towards the $1,500 level. As investors become less confident in the larger market, the focus is now on newer cryptocurrencies with strong fundamentals and high growth prospects. Among […]Cryptopolitan
Thu, Feb 5
Other
Black hole continues to belch years after chewing up a star
Black hole is located 665 million light years from EarthA jet of material is shooting into space from black holeOne of the most powerful single cosmic events ever seenBy Will Dunham WASHINGTON, Feb 5 (Reuters) - Scientists are observing the behavior of a supermassive black hole that is displaying...Reuters
Thu, Feb 5
Commodities
FACTBOX-How Glencore and Rio Tinto's core assets stack up
Feb 5 (Reuters) - Rio Tinto RIO.L walked away from a mega-mining deal with rival Glencore GLEN.L for the third time on Thursday. Attempts to combine the companies have repeatedly fallen short. Rio rejected a merger approach from Glencore in 2014, saying it was not in the best interes...Reuters
Thu, Feb 5
Commodities
PRECIOUS-Gold slips, silver down nearly 14% on firmer dollar
JP Morgan warns rich silver valuations risk deeper pullbacksUS dollar rises to a two-week highVolatility remains elevated, analyst says By Anmol Choubey Feb 5 (Reuters) - Gold fell on Thursday, while silver slid nearly 14%, as a stronger dollar and a broad market rout prompted investors to liquid...Reuters
Thu, Feb 5
Other
Olympics-Alpine skiing-Vonn lifting weights, doing box jumps and squats
Vonn ruptured her ACL in World Cup crash last FridayThursday training cancelled due to heavy snowfall, Friday on schedule Vonn leads World Cup downhill standingsBy Alan Baldwin CORTINA D'AMPEZZO, Italy, Feb 5 (Reuters) - Lindsey Vonn opened a window into her workout regime on Thursday as the ...Reuters
Thu, Feb 5
Other
Barrick reviews Reko Diq project amid Balochistan security concerns
By Divya Rajagopal and Tanay DhumalFeb 5 (Reuters) - Barrick Mining's ABX.TO board is reviewing all aspects of a gold and copper project in Pakistan's Balochistan region, including capital allocation, due to security concerns, CEO Mark Hill said during a post-earnings call.Barrick said the d...Reuters
Thu, Feb 5
Stocks
Estee Lauder shares sink as weak forecasts cloud turnaround
Third-quarter margins expected to contract by 50 basis pointsEstee reiterates $100 million tariff impact on annual profitShares face worst day on record, plunging 23%By Anuja Bharat MistryFeb 5 (Reuters) - Estee Lauder EL.N raised its annual targets but still fell short of Wall Street expectations a...Reuters
Thu, Feb 5
Commodities
Shell weighing Venezuela offshore investments worth billions of dollars, CEO tells CNBC
Feb 5 (Reuters) - Shell is weighing investments in certain offshore natural gas opportunities in Venezuela involving investments worth a few billion dollars with production expected in the next couple of years, CEO Wael Sawan said in an interview with CNBC on Thursday."These are opportunities th...Reuters
Thu, Feb 5
Cryptocurrencies
Indiana lawmakers advance crypto pension investments and ATM restrictions
Indiana lawmakers are set to advance crypto into public pension investments and impose new limitations on crypto ATM operations. The proposal has cleared a major legislative hurdle and is set for the Senate next week. Senate lawmakers listened to testimony on several House digital currency bills on Wednesday, but did not vote them out of […]Cryptopolitan
Thu, Feb 5
Other
IQVIA backs AI strategy as analysts question impact on business
By Kamal Choudhury and Sahil Pandey Feb 5 (Reuters) - Healthcare data and clinical research provider IQVIA Holdings IQV.N on Thursday defended its AI strategy against analyst concerns that recent technology advances could displace the company's services, after it forecast annual profit below...Reuters
Thu, Feb 5
