Tesla gets downgraded on Wall Street over Elon Musk’s Twitter antics, banning of journalists

CNN — Elon Musk’s management of Twitter, including the banning of multiple journalists, has “severely damaged” market sentiment around Tesla, and risks sparking a backlash from advertisers and consumers, a Wall Street analyst warned on Monday. Oppenheimer & Co. downgraded its rating on Tesla, where Musk is the CEO, solely because of the risks posed …

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$16K retest the most likely path for Bitcoin, according to 2 derivative metrics

Bitcoin (BTC) broke below $16,800 on Dec. 16, reaching its lowest level in more than two weeks. More importantly, the movement was a complete turnaround from the momentary excitement that had led to the $18,370 peak on Dec. 14. Curiously, Bitcoin dropped 3.8% in seven days, compared to the S&P 500 Index’s 3.5% decline in …

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Citigroup’s $900 Million Revlon Blunder Ends With a Dismissal After Bank’s Victory

(Bloomberg) — A hard-fought battle between Citigroup Inc. and creditors of Revlon Inc. over an epic blunder in which the bank accidentally sent the lenders almost a billion dollars was finally capped with a legal pronouncement: Case dismissed.Most Read from BloombergThe order of dismissal came Monday after the last holdouts among the lenders agreed to …

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Analysis: The hardest part is yet to come for gas-hoarding Europe

Russian gas deliveries via Nord Stream halted since end-August EU says gas stores must again be 90% full by Nov. 2023 Cost of filling gas storage estimated at 58 billion euros Dec 19 (Reuters) – Europe faces a much tougher task to rebuild gas stocks next year compared with this winter, meaning energy bills are …

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Target coming to major shopping center in Waukee, Iowa

$132M lifestyle shopping center planned in Iowa Updated: 2:40 PM CST Dec 19, 2022 A major shopping center that includes restaurants, ice skating and a Target store has been announced in Waukee.The area, called Waukee Towne Center, will be a $132 million lifestyle shopping center.The 62-acre development will be located in the center of Waukee’s …

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Spotlight: The state of Brazil’s offshore wind market

Offshore wind projects submitted to Brazil’s environmental regulator Ibama for assessment now total approximately 177 GW, according to federal public data published recently. The latest undertakings submitted are Ventos de São Francisco (2.96GW) and Ventos do Caiçara (1.96GW), by Monex Geração de Energia; Itapipoca (720MW), by Energia Itapipoca; and Mar de Minas I (1.5GW), by …

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