British banking major HSBC Holdings Plc has acquired collapsed Silicon Valley Bank’s UK unit in a 1 pound rescue deal, with immediate effect. The move comes after the California-based Silicon Valley Bank was shut down on last Friday by U.S. regulators following the biggest U.S. bank failure since the 2008 financial crisis. Following the news, HSBC shares were losing around […]

video America has to be able to develop oil and gas reserves and build towards a ‘climate future’: Joelle Hall Alaska AFL-CIO President Joelle Hall on awaiting Biden’s decision on Alaska’s Willow Oil project, says it will help produce more American jobs and increase energy reserves  As Alaska awaits a decision from President Biden on a major oil and gas […]

video United Airlines invests $10 million into Archer’s flying taxi Archer co-CEO Adam Goldstein details his company’s latest endeavor to create America’s first flying taxi on ‘Varney & Co.’ United Airlines Holdings Inc. is launching a fund backed by several big-name aerospace and financial companies to invest in startups aiming to produce sustainable aviation fuel, in one of the largest […]

video Kristi Carleton issues warning on lithium-ion batteries: ‘I feel like I bought my son a bomb’ Fox News correspondent CB Cotton reports on the growing concerns over lithium-ion battery fires as the number of cases continues to grow on ‘Varney & Co.’  Lithium-ion batteries power the gamut of household items and micro mobility devices, but now, they’re fueling household […]

video Alaska leaders demand Biden administration ‘not kill’ oil drilling project CEO of Alaska Oil & Gas Association Kara Moriarty joined ‘Fox & Friends First’ of discuss the implications of the canceling the project and why it would hurt the locals most.  A top oil executive reiterated the need for the Biden White House to permit an Alaska oil drilling […]

video Gas prices could fall below $3 before Christmas: Patrick De Haan GasBuddy head of petroleum analysis Patrick De Haan forecasts the national average for regular gas to drop 32 cents per gallon in December and the price of diesel to retreat even more on ‘Varney & Co.’ Amid an ongoing energy crisis and two months of negotiations, ministers of […]

video Biden admin keeps ‘throwing wet blankets’ on US energy industry: Dan Eberhart Canary CEO Dan Eberhart says U.S. climate czar John Kerry’s comments on renewable energy were ‘tone deaf.’ After Special Presidential Envoy for Climate John Kerry claimed the transition to renewable energy isn’t happening "fast enough," the executive of an oilfield service company ripped the Biden administration for […]

video Paul Ryan makes ‘good bet’ on US oil, gas with SPAC deal Executive Network Partnering Corporation Chairman and former U.S. Speaker of the House Paul Ryan discusses his investments in American oil exploration and his midterm election predictions in a wide-ranging interview on ‘Varney & Co.’ Former U.S. Speaker of the House Paul Ryan is betting big on American […]

The U.S. Federal Trade Commission has requested Amazon.com Inc. (AMZN) and iRobot Corp (IRBT) for more information on the tech giant’s $1.7-billion buyout of the Roomba vacuum maker. According to a filing from iRobot, on September 19, FTC made a “second request” for additional information and documentary materials to review. Last month, Amazon agreed to buy iRobot for $61 per […]

video Biden admin pushing green energy on ‘zero-sum basis’: Market expert The Schork Group principal Stephen Schork argues Biden’s renewable energy push away from fossil fuels drives up gas prices and inflation. First Solar announced plans Tuesday to invest up to $1.2 billion for scaling up its U.S. solar panel production. Up to $1 billion will go toward building a […]