The chasm between the two sides remains vast. A mega-deal remains the only path to averting a return to full-scale war Donald Trump styles himself as a peerless tough guy who never backs down. But he doesn’t always make good on his threats. Consider his demand that Denmark hand over Greenland, or his threats to hike tariffs on trade partners. He has even found ways to extend his deadlines for Tehr...
The chasm between the two sides remains vast. A mega-deal remains the only path to averting a return to full-scale war Donald Trump styles himself as a peerless tough guy who never backs down. But he doesn’t always make good on his threats. Consider his demand that Denmark hand over Greenland, or his threats to hike tariffs on trade partners. He has even found ways to extend his deadlines for Tehran to reopen the strait of Hormuz, claiming, without evidence, that Iran was “ begging ” for a deal. On Monday, Trump outdid himself. He gave Tehran until Tuesday at 8pm ET to reopen the strait – or “a whole civilization will die tonight”. The president’s public threat to commit genocide sent shockwaves through the United States. Some Democratic leaders concluded that “Trump has lost his mind”. More than 70 Democratic members of Congress called for his removal from office. Some politicians and media personalities sympathetic to Maga did the same or roundly rebuked him. Some commentators reminded soldiers that they were required to disobey flagrantly illegal orders. Never in American presidential politics has a spectacle matched this one. Continue reading...
zorazhuang/iStock via Getty Images Canada's Competition Bureau said it obtained a federal court order to gather information related to Keyera's ( KEYUF ) proposed deal to buy Plains All American Pipeline's ( PAA ) ( PAGP ) Canadian natural gas liquids business, The Canadian Press reported Wednesday. The watchdog, which opened a review into the potential merger last June, says it is investigating w...
zorazhuang/iStock via Getty Images Canada's Competition Bureau said it obtained a federal court order to gather information related to Keyera's ( KEYUF ) proposed deal to buy Plains All American Pipeline's ( PAA ) ( PAGP ) Canadian natural gas liquids business, The Canadian Press reported Wednesday. The watchdog, which opened a review into the potential merger last June, says it is investigating whether the proposed US$5.15B transaction would likely result "in a substantial lessening or prevention of competition in the Canadian oil and gas industry." The court order requires Inter Pipeline Ltd., which is owned by Brookfield Infrastructure Partners ( BIP ) ( BIPC ), to produce records and information relevant to the Competition Bureau investigation. Last week , Keyera ( KEYUF ) said the Plains ( PAA ) deal had been taking longer than expected as it continued advancing through the regulatory process. The assets involved in the deal include 193K bbl/day of fractionation capacity where gas and liquids are separated, 23M barrels of storage capacity, more than 2,400 km of pipeline infrastructure, gas processing operations, and loading and logistics infrastructure. More on Plains All American Pipeline Plains All American: Backwardation Might Ruin The Party Plains All American: Timely Crude Oil Focused Yield Shelter To Buy Now Plains All American: The 8% Yield And High Oil Concentration Make The Company Interesting Again (Rating Upgrade)
A federal judge on Wednesday handed down a sentence of 15 years in prison to a woman who pleaded guilty to selling Friends star Matthew Perry the ketamine that killed him in 2023. US District Judge Sherilyn Peace Garnett gave the sentence to 42-year-old Jasveen Sangha. She became the third defendant sentenced of the five people who have pleaded guilty in connection with the overdose of the 54-year...
A federal judge on Wednesday handed down a sentence of 15 years in prison to a woman who pleaded guilty to selling Friends star Matthew Perry the ketamine that killed him in 2023. US District Judge Sherilyn Peace Garnett gave the sentence to 42-year-old Jasveen Sangha. She became the third defendant sentenced of the five people who have pleaded guilty in connection with the overdose of the 54-year-old actor. His role as Chandler Bing on NBC’s Friends in the 1990s and 2000s made him one of the...
It is the most lucrative time in more than two years to ship Canadian crude to the US Gulf Coast, thanks to the effective closing of the Strait of Hormuz. Canadian heavy oil for June delivery traded at a $13.55 premium on the US Gulf Coast to the May price in Alberta as of end of day Tuesday, the widest since December of 2023, according to Link Data Services and General Index prices. The spread is...
It is the most lucrative time in more than two years to ship Canadian crude to the US Gulf Coast, thanks to the effective closing of the Strait of Hormuz. Canadian heavy oil for June delivery traded at a $13.55 premium on the US Gulf Coast to the May price in Alberta as of end of day Tuesday, the widest since December of 2023, according to Link Data Services and General Index prices. The spread is the largest since before the expanded Trans Mountain pipeline to the Pacific Coast began operation, alleviating a persistent export bottleneck that caused large price discounts in Alberta. Refiners around the world, especially in Asia, are seeking alternative crude supplies after the war in Iran curtailed oil exports from the Middle East, increasing demand for heavy Canadian crude. The Strait of Hormuz remained mostly blocked on Wednesday following a fragile ceasefire between the US and Iran that was announced overnight.
On Friday, investors will get their first indication of how the recent spike in energy prices is impacting inflation. This first look will come from the Bureau of Labor Statistics' release of March Consumer Price Index data. It will be published at 8:30 a.m. ET, April 10, before the stock market opens. Needless to say, because this is the first data on how the war in the Iran and the subsequent sp...
On Friday, investors will get their first indication of how the recent spike in energy prices is impacting inflation. This first look will come from the Bureau of Labor Statistics' release of March Consumer Price Index data. It will be published at 8:30 a.m. ET, April 10, before the stock market opens. Needless to say, because this is the first data on how the war in the Iran and the subsequent spike in oil prices have affected inflation, the report is much anticipated. A sudden jump in crude prices, as we saw in March after the U.S. and Israel first waged war on Iran, affects inflation in several ways. Most visibly and directly, that's at the gas pump. The current national average price for a gallon of regular gasoline is $4.12. Let's see what this could all mean for investors and what they should do. Continue reading
Kevin Plank's Unsellable Thoroughbred Race Farm Sees Another Deep Price Cut Under Armour CEO Kevin Plank has once again cut the asking price on his massive thoroughbred racing farm in northern Baltimore County, Maryland, as the historic farm - once owned by the Vanderbilt family - continues to sit on the market amid a series of deep price cuts. Plank has been winding down his sprawling real estate...
Kevin Plank's Unsellable Thoroughbred Race Farm Sees Another Deep Price Cut Under Armour CEO Kevin Plank has once again cut the asking price on his massive thoroughbred racing farm in northern Baltimore County, Maryland, as the historic farm - once owned by the Vanderbilt family - continues to sit on the market amid a series of deep price cuts. Plank has been winding down his sprawling real estate portfolio, offloading everything from multiple residential properties to a luxury hotel in Baltimore City in recent years. Among his crown jewels - alongside the Baltimore Peninsula - is Sagamore Farm , a 404-acre thoroughbred racing operation he has been trying to sell for years. The latest data from multiple listing service provider MLS Bright shows that Plank likely instructed his listing agent, Christina Giffin of Monument Sotheby's International Realty, to pursue another price cut. MLS Bright data shows Sagamore's current listing price is around $16.5 million. This represents a 15% cut from the late-2025 listing of $18.5 million and an overall decline of about 25% from the original $22 million listing in March 2025. The farm appears to have been on and off the market. We've outlined the mounting challenges for Plank as UA's brand momentum trended downward for years, but only in recent quarters have we begun focusing on UBS analyst Jay Sole , who is attempting to call a bottom in the stock. Also, the " Warren Buffett of Canada " piled into the stock earlier this year as management raised its outlook . Plank is still dealing with the " ghost town " of Baltimore Peninsula amid the city's declining population, which has fallen to a 100-year low under the far-left leadership of Mayor Brandon Scott. Statewide, Maryland's financial profile is deteriorating under left-wing Governor Wes Moore , with high taxes, crime, a growing fiscal deficit, rising power bills, prioritizing all things woke, significant outbound migration, and other mounting challenges. This is what you get u...
格隆汇4月9日｜据经纪公司McGill and Partners称，在美伊停火之后，船东为通过霍尔木兹海峡正提出“大量”保险投保需求。这家总部位于伦敦的公司海事业务主管David Smith表示，需求上升同时也带来了“明显的费率调整”。他补充称，尽管达成停火协议，“战争局势依然严峻，霍尔木兹海峡仍被归类为极高风险区域”。Arthur J. Gallagher & Co海事业务董事总经理Andrew...
格隆汇4月9日｜据经纪公司McGill and Partners称，在美伊停火之后，船东为通过霍尔木兹海峡正提出“大量”保险投保需求。这家总部位于伦敦的公司海事业务主管David Smith表示，需求上升同时也带来了“明显的费率调整”。他补充称，尽管达成停火协议，“战争局势依然严峻，霍尔木兹海峡仍被归类为极高风险区域”。Arthur J. Gallagher & Co海事业务董事总经理Andrew James表示：“最新的停火消息是积极信号，有望缓解霍尔木兹海峡以及整个地区的通行状况。现在仍处于非常早期阶段，但承保人已经开始认可停火，并对部分风险下调费率。”他补充称，保险公司“在观察局势发展过程中仍将保持审慎态度”。