Market in Review and Energy Rigs Data
The University of Michigan consumer sentiment index rose slightly in April signaling modest optimism about long term and near term economic outlook. Spectrum Brands, maker of Nature's Miracle and Black Flag, is expected to report an 18 cent per share loss on 759 million in sales for Q2. Baker Hughes reports weekly U S oil and gas rig counts noting a 748 active rigs last week and a down year overall from a 1981 peak of 4530 and pandemic low of 244 in 2020.
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Biden EPA proposals set new limits on power plant emissions
The EPA plans major greenhouse gas restrictions on coal and gas plants, aiming to require carbon capture or retirement of noncompliant facilities by 2038. If finalized, the rule would mark the first federal cap on existing power plant CO2 and potentially reduce up to 617 million metric tons through 2042, amid industry pushback over grid reliability and economic impact.
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Musk says he found a woman to lead Twitter as CEO
Elon Musk announced on Thursday that he has found a woman to become Twitter's new chief executive, with she starting in about six weeks. He will shift to executive chairman and chief technology officer as the company seeks stable leadership.
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Twitter
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X Corp
Tesla
Delaware
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Peloton Recalls Over 2 Million Exercise Bikes in U S
Peloton recalls about 2.2 million bikes Model PLO1 in the United States due to a seat post assembly that can break, causing falls and injuries. About 35 reports include 13 injuries. offers free self-installable seat post replacement and urges stop-use until repaired.
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