Coterra Energy ‘s (CTRA) solid third-quarter earnings beat on Thursday, along with hefty free cash flow and a raised dividend, solidified the Club’s investment case in the oil-and-gas producer. Total revenue soared by nearly 500% year-on-year, to $2.52 billion, exceeding analysts’ estimates of $2.37 billion, according to Refinitiv. Adjusted earnings per share more than doubled
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Stripe co-founder and CEO, Patrick Collison Manuel Blondeau | Getty Images Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday. In the memo, Collison said the cuts were necessary amid rising inflation, fears of a looming recession, higher interest rates, energy shocks,
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Suella Braverman has confirmed that steps are being taken to “immediately” improve the situation at Manston migration centre, according to the Home Office. These measures include bolstering the medical facilities currently on-site, supplying extra bedding and improved catering facilities, and providing more activities to support migrant welfare. The department also confirmed that more than 1,000
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New York-based company Synchron is working on a brain-computer interface (BCI) technology with the goal of enabling patients to control digital devices hands-free. It has created a device named ‘Synchron Switch’ for converting the thoughts of people with paralysis into action. It lets patients control an iPhone or iPad using their brains. With this technology,
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The Waveswing wave energy converter photographed in Scapa Flow, Orkney. EMEC Sea-based trials of a wave energy converter weighing 50 metric tons have produced “highly encouraging results,” according to the company behind its development. On Tuesday, Scotland-based AWS Ocean Energy said the average amount of power its device was able to capture “during a period
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Political Editor Beth Rigby takes a closer look at the results from this evening’s ballot. We are now down to the final four in the race for the next Prime Minister. #skynews #downingstreet SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on
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A Tory MP should be suspended from the Commons for suggesting the standards commissioner’s potential peerage depended on ruling against him over lobbying breaches, the Standards Committee has recommended Andrew Bridgen should be suspended for five sitting days, the parliamentary committee that oversees the work of the standards commissioner said. The committee found the MP
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