Tesla chair testifies she would have quit if Musk had lied in 2018 tweets By Hyunjoo Jin and Jody Godoy SAN FRANCISCO, Jan 27 (Reuters) - The board chair of Tesla Inc TSLA.O defended CEO Elon Musk in a securities fraud trial on Friday, telling jurors that she would have quit as a director if she had thought Musk lied by tweeting in 2018 that he had "funding secured" to take Tesla private.
Goldman cuts U.S. gas price forecasts on stocks build, warmer weather Jan 27 (Reuters) - Goldman Sachs reduced its expectations for U.S. natural gas prices as warmer weather and stagnating export capacity add to higher-than-usual inventories, with the market entering a bearish cycle this year and the next. The Wall Street bank on Friday lowered its forecast for Summer-2023, Winter-2023-24, and Summer-2024 natural gas futures on the New York Mercantile Exchange to $3.7, $3.6, and $3.2 per metric
FACTBOX-U.S. Henry Hub natgas price forecasts, 2023 to slide to 2-year low Jan 27 (Reuters) - U.S. natural gas prices at the Henry Hub benchmark in Louisiana will average $4.37 per million British thermal units (mmBtu) in 2023, their lowest since 2021, before falling to $4.14 in 2024, according to analyst forecasts. That compares with a 14-year high of $6.42 per mmBtu in 2022, a 25-year low of $2.03 in 2020 due to coronavirus demand destruction and a five-year average (2018-2022) of $3.62. In 20
UPDATE 1-U.S. natgas jumps 6% in low volume trade ahead of contract expiration Adds latest prices, context Jan 27 (Reuters) - U.S. natural gas futures jumped about 6% on Friday from a 20-month low in the prior session as late buying during a low-volume day ahead of the expiration of the February contract caused prices to swing wildly from negative to positive several times in the last half hour of trade.
BREAKINGVIEWS-Goldman cuts Solomon, and his pay, down to size The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By John Foley NEW YORK, Jan 27 (Reuters Breakingviews) - Chief executives: they’re just another member of the team. Or at least that is the apparent message Goldman Sachs GS.N is trying to send by slashing boss David Solomon’s pay by a third for 2022, to $25 million.
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