California’s Orphan Well Crisis Leaves No Money for New Sales

California Governor Gavin Newsom signed the Orphan Well Prevention Act, AB 1167, in autumn 2023, aiming to prevent a rise in orphan oil wells. The law requires approval from the State Oil and Gas Supervisor before selling non-producing or marginal wells. The act creates a process for operators to file an individual indemnity bond or … Read more

Chewy Shares Drop Amid Disappointing Q3 Earnings and Guidance

Shares of online pet retailer Chewy are experiencing modest selling pressure due to disappointing quarterly earnings. The company provided upbeat guidance for the full year, but this was overshadowed by a softer-than-expected profit for the third quarter. Additionally, Chewy’s active customer base declined. Despite an 8.7% increase in autoship sales, which is a key revenue … Read more

Microsoft Makes TPM 2.0 Requirement Non-Negotiable for Windows 11 Upgrades

Microsoft has reiterated its requirement that Windows 10 users must have Trusted Platform Module (TPM) 2.0 support to upgrade to Windows 11. Senior product manager Steven Hosking described this as a “non-negotiable standard for the future of Windows”. TPM 2.0 is a dedicated processor on modern computers that provides hardware-based security functions, including encryption key … Read more

Bill Maher Thinks He May Quit After Trump Wins Again

Comedian and Real Time With Bill Maher host Bill Maher revealed in a podcast episode recorded before the US election that he “may quit” his show if President-elect Donald Trump is re-elected for a second term. Maher expressed his boredom with Trump, calling him “sh*tting his pants” over Trump’s presidency. Maher cited several past incidents … Read more

Free Indiana Jones Game Arrives Next Week on Xbox

Xbox Series X/S gamers can now claim a free dynamic theme for Indiana Jones and the Great Circle without needing a subscription to Game Pass. The first-person adventure game, developed by MachineGames, is set to arrive on PC and Xbox Series X/S next week. In our hands-on preview, we praised the game’s faithfulness to the … Read more

Will Home Prices Crash in 2025?

Experts say a housing market crash is highly unlikely, and home prices are expected to rise further due to record highs. Real-estate economists share their predictions for 2025. Many frustrated home shoppers wish for the housing market to crash, allowing them to enter the market more easily. However, experts disagree. According to MarketWatch, a housing … Read more

Gaza Exodus: Palestinians Flee as Israel Expands Offensive

Dozens of Palestinian families in northern Gaza have been forcibly displaced after Israel’s military expelled them from schools being used as makeshift shelters. The families, who left on foot or by motorized rickshaws, bicycles, or donkey carts, carried kids, older adults, and their remaining belongings with them. The displacement comes as Israel expands its offensive … Read more

China’s Rare Earths Threat in Trade War Escalation

China has taken its rare earths arsenal to a new level, escalating tensions in its trade war with the US by threatening to cut off supply lines for critical minerals like germanium and gallium. These elements have already been shut out of US markets due to Chinese export restrictions. With China possessing an abundance of … Read more

Mysterious Illness Kills Dozens in Democratic Republic of Congo

A mysterious illness with symptoms similar to the flu has killed dozens of people in the Democratic Republic of Congo (DRC), according to officials. Between 67 and 143 people have died, with most cases reported in the Kwango province. The health zone is currently facing a shortage of medical supplies, which may hinder treatment. An … Read more