Fox Business Flash top headlines for May 13 Check out what’s clicking on FoxBusiness.com. The national average gas price hit a record high, and is expected to continue rising as the energy supply crunch in the U.S. rages on. The average price for a gallon of gas hit $4.45 Saturday, according to AAA Gas Prices. Some states with higher-than-average prices […]

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President Biden stopped domestic oil production ‘with the stroke of a pen’: Rep. Brett Guthrie Rep. Brett Guthrie, R-Ky., discusses the importance of domestic energy production. Rep. Brett Guthrie. R-Ky., called on the Biden administration to pursue domestic energy production to relieve Americans and global allies Friday during an interview on "Mornings with Maria."  OIL HEADS FOR WEEKLY DECLINE OF […]

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Marc Short slams Biden for US’s energy problem: A crisis of his ‘own making’ Marc Short, former chief of staff for VP Pence, slams Biden for tapping into U.S. oil reserves and argues the president is at fault for America’s energy crisis. Marc Short, executive director of the Coalition to Protect American Workers and former chief of staff to former […]

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Natural gas ‘large part’ of solution to climate goals, says industry leader Wyoming producer says there are misconceptions about natural gas A leading supplier of natural gas in Wyoming told Fox News there are misconceptions about the fossil fuel that powers everything from cell phones to electric cars. "The single largest misconception about natural gas is that we can't do […]

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Gas prices reach record high as Biden announces ban on Russian oil Retired Gen. Jack Keane discusses Biden’s ban on Russian oil and the potential talks with Iran and Venezuela on ‘The Evening Edit.’ As energy prices skyrocket and Europe considers whether to follow the new U.S. ban on importing Russian oil and gas, policymakers should consider how to build […]

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Omnichannel retailer Bed Bath & Beyond Inc. (BBBY), on Monday, said it will carefully review the letter from RC Ventures LLC. In the letter, RC Ventures said it believes Bed Bath should explore strategic alternatives that include separating buybuy Baby, Inc. and a full sale of the company. Bed Bath noted that its Board is committed to acting in the […]

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Rationalising GST rates could make sector affordable, says Apollo Hospitals MD Apollo Hospitals MD Suneeta Reddy said on Friday the healthcare sector should not only be the focus of the Budget, but must also remain at the centre of the economy as the country aspired to become a $5-trillion economy. “It is important that infrastructure is created in this [healthcare] […]

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Alka Mittal is the first woman to head the country’s largest oil and gas producer. Alka Mittal has been appointed interim chairman and managing director of Oil and Natural Gas Corporation (ONGC)—the first woman to head the country’s largest oil and gas producer. Ms. Mittal replaces Subhash Kumar, another interim head who retired after reaching superannuation age on December 31. […]

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Digital Realty (DLR), Monday said it has agreed to buy a major stake in Teraco, Africa-based carrier-neutral colocation provider, from a consortium of investors, including Berkshire Partners and Permira, in a transaction valuing Teraco at about $3.5 billion. After closing, Digital Realty will own about 55% of the total interests in Teraco, while the remaining 45% will be held by […]

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Fox Business Flash top headlines for December 30 Check out what’s clicking on FoxBusiness.com. Germany on Friday shut down half of the six nuclear plants it still has in operation, a year before the country draws the final curtain on its decades-long use of atomic power. The decision to phase out nuclear power and shift from fossil fuels to renewable […]

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