Commodities - Spark Newswire

3 minute read

Sandstorm, Brimming With Confidence Despite Tepid Q2 Performance

Today, 5:26 AM

Sandstorm Ltd (NYSE: SAND) announced it would finally become a dividend-paying company by the end of this year. And despite this being some long-awaited news by its shareholders, the gold royalties firm from Canada had a lukewarm second quarter with revenues lower than expected.

RGLD

4 minute read

What To Know About Biden-Backed ‘Blue’ Hydrogen And Why It Might Be A Worse Polluter Than Coal

By Phil Hall

Today, 5:26 AM

A renewable energy resource hailed by President Joe Biden as being a tool in mitigating climate change might actually be worse for the environment than fossil fuels, according to a new scientific report published in the scientific journal Energy Science & Engineering.

CVX

2 minute read

FedEx Hits Big Shippers With Two Residential Delivery Surcharges

By FreightWaves

Today, 5:26 AM

FedEx Corp. disclosed on Friday a series of surcharges to cover the delivery of shipments during the upcoming peak shipping season, as well as a separate 60-cents-per-package surcharge to extend into 2022.

FDX

3 minute read

Mid-Day Market Update: Gold Rises Over 1%; Duos Technologies Shares Plummet

By Lisa Levin

Today, 5:26 AM

Midway through trading Friday, the Dow traded up 0.07% to 35,525.67 while the NASDAQ rose 0.03% to 14,821.05. The S&P also rose, gaining 0.07% to 4,463.78.

BIOL

2 minute read

Cart.com’s $98M Raise To Build Out End-To-End e-Commerce Service

By FreightWaves

Today, 5:26 AM

It's high tide for e-commerce, and Cart.com is swimming in it.

DFS

3 minute read

Mid-Morning Market Update: Markets Edge Higher; Disney Reports Upbeat Q3 Earnings

By Lisa Levin

Today, 5:26 AM

Following the market opening Friday, the Dow traded up 0.04% to 35,512.89 while the NASDAQ rose 0.20% to 14,845.17. The S&P also rose, gaining 0.11% to 4,465.85.

CAN

6 minute read

Cargo Airlines Cancel Hundreds Of China Flights Amid COVID Outbreak

By FreightWaves

Today, 5:26 AM

Chinese restrictions to control a spike in COVID infections have severely curtailed cargo operations at several airports and reduced crew availability, forcing airlines to cancel hundreds of flights as the peak shipping season kicks into high gear in a sector already struggling to keep up with high demand.

AAWW

2 minute read

Mid-Afternoon Market Update: Dow Drops 50 Points; IEC Electronics Shares Spike Higher

By Lisa Levin

Today, 5:26 AM

Toward the end of trading Thursday, the Dow traded down 0.14% to 35,435.25 while the NASDAQ rose 0.29% to 14,808.42. The S&P also rose, gaining 0.19% to 4,456.37.

FULC

4 minute read

Deal Of The Day: Why DoorDash Buying Instacart Would Create A Powerhouse

By FreightWaves

Today, 5:26 AM

The fast-moving grocery delivery business got a new shock on Wednesday when The Information reported that DoorDash has held talks in recent months about exploring a possible acquisition of Instacart in a deal that would be valued between $40 billion and $

ACI

3 minute read

FedEx Ground Installs Robotics In Queens, Plans Additional Facilities

By FreightWaves

Today, 5:26 AM

FedEx Ground has installed robotics solutions in its Queens, New York, facility to sort small packages that arrive in bulk for loading into containers bound for other hubs in the Ground network. The package delivery giant will add more robotics from Berkshire Grey in sortation facilities in Las Vegas and Columbus, Ohio, in future months.

BGRY