What we’re reading (2/15)
“Exxon Mobil, Aramco Texas Oil Refineries Temporarily Shut Down For Unexpected Mid-Winter Freeze” (Fox Business). “As a winter storm slams the state of Texas, some of the largest oil refineries in North America are shutting down in response to the frigid temperatures…Texas leads the nation in crude oil refining, with more than one-fifth of the nation's refineries and more than three-tenths of total refining capacity in the United States, according to the U.S. Energy Information Administration.”
“AB InBev Takes Constellation To U.S. Court Over Corona Brand Name” (Reuters). “The Mexican arm of drinks company Anheuser-Busch InBev accused U.S. firm Constellation Brands in a lawsuit filed on Monday of breaching a deal on the use of the Corona brand name by applying it to a product other than beer.”
“Russian Open To Musk’s Offer Of A Conversation With Putin Via Clubhouse, Seeks Further Details” (CNBC). “Russia hasn’t ruled out the idea of President Vladimir Putin talking to Tesla billionaire Elon Musk on social media app Clubhouse, according to multiple media reports. Kremlin spokesperson Dmitry Peskov on Monday told reporters that the proposal was ‘interesting’ but more details were needed, according to Tass news agency.”
“Apple Reportedly Approached Nissan About Making An Autonomous Car Together, But The Talks Collapsed Over Branding” (Business Insider). “Apple approached Japanese carmaker Nissan about partnering on its autonomous car, but the talks fell through after the tech giant said it wanted the vehicles to be Apple-branded, The Financial Times reported. The news comes just a week after South-Korean manufacturer Hyundai and its sister company Kia denied being in talks with Apple over the vehicle.”
“As Marijuana Stocks Light Up On Legalization Hopes, Analysts Bring Cold Water” (Investor’s Business Daily). “With a new Democratic president and Congress, the year ahead for North America's cannabis stocks will largely hinge on the prospects — and complications — of wider legalization in the U.S. Senate Majority Leader Chuck Schumer and other top Democratic lawmakers this month signaled openness to tearing down pot prohibitions. But broad U.S. legalization, analysts say, is far from guaranteed and could be years away.”
