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Home Business (page 9)

Business

Caution from OPEC+ producers to keep oil prices high

By Michael
February 3, 2022
in :  Business
Comments Off on Caution from OPEC+ producers to keep oil prices high
1,511

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Oil cartel OPEC and allied producing countries are sticking with cautious increases in the amount of oil they send to the global economy, a decision likely to support prices that are near seven-year highs amid fears of a Russian military move against Ukraine. The alliance of OPEC members led by …

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Exxon restructures divisions and packs up for Houston

By Michael
February 1, 2022
in :  Business
Comments Off on Exxon restructures divisions and packs up for Houston
2,552

Exxon restructures divisions and packs up for Houston NEW YORK (AP) — Exxon Mobil is restructuring its business into three divisions and moving its headquarters 250 miles south from Irving, Texas, to its campus north of Houston. The oil giant said Monday it will combine its chemical and refining operations, while centralizing its technology and engineering and other other support …

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Majority of US states pursue nuclear power for emission cuts

By Michael
January 18, 2022
in :  Business
Comments Off on Majority of US states pursue nuclear power for emission cuts
1,444

By JENNIFER McDERMOTT Associated Press PROVIDENCE, R.I. (AP) — As climate change pushes states in the U.S. to dramatically cut their use of fossil fuels, many are coming to the conclusion that solar, wind and other renewable power sources might not be enough to keep the lights on. Nuclear power is emerging as an answer to fill the gap as …

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Burkes Outlet coming to Hobbs

By Michael
November 29, 2021
in :  Business, Local News
Comments Off on Burkes Outlet coming to Hobbs
4,476

Officials at Florida-based Burkes Outlet plan to open a store in Hobbs, but details remain vague. After the company posted on a construction bids website its intent to spend $1-3 million on construction in Hobbs, the News-Sun reached out for comment. Lisa Herrmann, director of communications and community affairs for Bealls Inc., the parent company for Burkes Outlet, checked with …

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US to release 50 million barrels of oil to ease energy costs

By Michael
November 23, 2021
in :  Business
Comments Off on US to release 50 million barrels of oil to ease energy costs
2,159

WASHINGTON (AP) — President Joe Biden on Tuesday ordered 50 million barrels of oil released from America’s strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India and the United Kingdom. The move is aimed at global energy markets, but also at U.S. voters who are coping with higher inflation and …

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US to release 50 million barrels of oil to ease energy costs

By Michael
November 23, 2021
in :  Business
Comments Off on US to release 50 million barrels of oil to ease energy costs
1,482

WASHINGTON (AP) — President Joe Biden on Tuesday ordered 50 million barrels of oil released from America’s strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India and the United Kingdom. The move is aimed at global energy markets, but also at U.S. voters who are coping with higher inflation and …

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Hobbs School Board learns more about how CTECH is going to function

By Michael
November 22, 2021
in :  Business, Education, Local News
Comments Off on Hobbs School Board learns more about how CTECH is going to function
3,816

When it opens for the 2022-23 school year, the Career Technology Education Center Hobbs will host a variety of paths for students to prepare for careers after high school. And the Hobbs Municipal Schools Board of Education learned more about what those pathways will look like Tuesday. CTECH Principal, and HMS Operations Director, Zeke Kaney presented the new course guide …

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Owner of new baby boutique says store meets a Hobbs need

By Michael
October 28, 2021
in :  Business, Local News
Comments Off on Owner of new baby boutique says store meets a Hobbs need
4,219

Like most of us who have lost a loved one to COVID-19, we do everything in our power to try to keep their memory going. One local resident has attempted to do just that with the grand opening of her baby boutique, Joseph’s Heartland. Joseph’s Heartland is located at 3900 North Lovington Highway and held its ribbon cutting on Saturday. …

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Owner of new baby boutique says store meets a Hobbs need

By Michael
October 28, 2021
in :  Business, Local News
Comments Off on Owner of new baby boutique says store meets a Hobbs need
3,567

Like most of us who have lost a loved one to COVID-19, we do everything in our power to try to keep their memory going. One local resident has attempted to do just that with the grand opening of her baby boutique, Joseph’s Heartland. Joseph’s Heartland is located at 3900 North Lovington Highway and held its ribbon cutting on Saturday. …

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People or profit? Facebook papers show deep conflict within

By Michael
October 25, 2021
in :  Business
Comments Off on People or profit? Facebook papers show deep conflict within
1,295

By BARBARA ORTUTAY AP Technology Writer Facebook the company is losing control of Facebook the product — not to mention the last shreds of its carefully crafted, decade-old image as a benevolent company just wanting to connect the world. Thousands of pages of internal documents provided to Congress by a former employee depict an internally conflicted company where data on …

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Tatum council eyes ordinance to legalize side-by-sides in town limits

Hobbs News-Sun
23 hours ago

Tatum council eyes ordinance to legalize side-by-sides in town limits   Denise Marquez/News-Sun TATUM …

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