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  • Aug 11, 2024

Tourmaline to Buy Crew Energy for $947 Million in All-Stock Deal

(Bloomberg) -- Canada’s biggest gas driller Tourmaline Oil Corp. agreed to buy Crew Energy Inc. for C$1.3 billion ($947 million), including debt, as consolidation continues in the oil and gas industry.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC S

  • Aug 11, 2024

Oil Steady After Weekly Gain as Traders Watch for Iran Reprisal

(Bloomberg) -- Oil was steady after its first weekly gain since early July, with the market still waiting for Iran’s response to last month’s assassination of a Hamas leader in Tehran.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See

  • Aug 11, 2024

Asian Stocks Eye Cautious Open as Volatility Wanes: Markets Wrap

(Bloomberg) -- Asian stocks were poised for a staid open on Monday as markets shifted focus to key US data prints this week after a volatile start to August. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See ‘Exceptionally High’ Air P

  • Aug 11, 2024

Riksbank Under Pressure for a Half-Point Rate Cut to Aid Economy

(Bloomberg) -- Sweden’s central bank faces growing calls for sizeable interest-rate cuts to boost a faltering economy.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See ‘Exceptionally High’ Air PollutionThe Riksbank has outlined two or

  • Aug 11, 2024

How to Run the Powerful Flux AI Image Generator on Less Powerful PCs

When Flux burst onto the scene a few days ago, it quickly earned a reputation as the crown jewel of open-source image generators. It matched Midjourney's aesthetic prowess while absolutely crushing it in prompt understanding and text generation. The catch? You needed a beefy GPU with over 24GB of VRAM (or even more) just to get it running. That's more horsepower than most gaming rigs, let alone your average work laptop. But the AI community, never one to back down from a challenge, rolled up its...

  • Aug 11, 2024

El Salvador Announces $1.6 Billion Investment That Will Kickstart ‘Bitcoin City’

El Salvador is getting a massive infrastructure investment that’s expected to support the buildout of its visionary “Bitcoin City.” The government said Sunday that Yilport, a Turkish holding company, will invest $1.62 billion in two of El Salvador’s seaports, marking the largest private investment in the country's history. “This will be a mixed-ownership company between the Yilport company and [El Salvador], which will operate both seaports for the next 50 years,” said the government in a video...

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