(Reuters) – A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering Holt & Co said in a report on Tuesday. As much as 8.5 billion cubic feet per day of natural gas could be […]
Boeing hit with whistleblower allegations, adding to safety concerns
By David Shepardson and Allison Lampert WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower’s claims that the company dismissed safety and quality concerns in the production of the planemaker’s 787 and 777 jets, an agency spokesperson said on Tuesday. The planemaker has been grappling with a full-blown safety crisis that […]
Scotiabank CEO flags US, Mexico election risks; says bank ‘well-positioned’
TORONTO (Reuters) -Bank of Nova Scotia said on Tuesday that upcoming elections in the U.S. and Mexico are creating political uncertainty but Canada’s third-biggest lender was well equipped to navigate the region’s shifting environments. Scotiabank’s presence in the United States, Canada and Mexico makes it unique among Canadian banks, giving it among the biggest exposure […]
US Postal Service seeks to hike stamp prices to 73 cents
By David Shepardson WASHINGTON (Reuters) -The United States Postal Service (USPS) said on Tuesday it wants to raise the price of first-class mail stamps to 73 cents from 68 cents effective July 14. The proposal, which must be approved by the Postal Regulatory Commission, would raise mailing services product prices by 7.8%. USPS in November […]