June 25 (Reuters) - Electric utilities in the U.S. are increasingly turning to batteries to shift power from periods of low prices to high-priced ones, according to an analysis from the U.S. Energy Information Administration. The strategy, referred to as arbitrage, involves utilities charging batteries by buying electricity during low-cost periods and then selling that electricity when electricity prices increase....

12:18 PM EDT, 06/25/2024 (MT Newswires) -- Carnival (CCL) lifted its full-year earnings outlook on Tuesday after the cruise operator unexpectedly swung to a fiscal second-quarter profit, buoyed by significantly higher prices on bookings taken during the period. The company now expects to post adjusted earnings of about $1.18 a share for fiscal 2024, up from its previous projection of...

BEIJING (Reuters) -Chinese artificial intelligence (AI) companies are moving swiftly to attract users of OpenAI's technology, following reports the U.S. firm plans to restrict access in China and other countries to its application programming interface (API), a platform that allows developers of other products to integrate its AI models. ChatGPT maker OpenAI is planning to block access to technology used...

12:14 PM EDT, 06/25/2024 (MT Newswires) -- Exxon Mobil ( XOM ) filed an environmental authorization application with the government of Guyana for possibly its seventh oil project in the country, Bloomberg reported Tuesday. If the application, filed Monday, is approved, the Hammerhead project is expected to reach an output of as much as 180,000 barrels per day by 2029,...