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EIA's Annual Energy Outlook 2020 explores the changing U.S. energy mix through 2050 as consumption grows more slowly than production, particularly of oil, natural gas, and renewables, resulting in increasing exports and relatively stable CO2 emissions

The U.S. Energy Information Administration (EIA) released updated projections of future U.S. energy production and use in its Annual Energy Outlook 2020 (AEO2020) today.




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EIA expects the United States will return to being a net importer of crude oil and petroleum products

In the April Short-Term Energy Outlook (STEO), EIA forecasts that the United States will again become a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through the end of 2021. Fewer barrels are available for export as U.S. crude oil production continues to decline. In addition, net exports of petroleum products will be lowest in the third quarter of 2020, when U.S. refinery runs decline in response to lower demand for refined products.




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Groupon axes CEO and COO as company looks to mount a recovery during a crisis

While plenty of tech stocks have seen their market caps dive in the past month, Groupon has taken a harder hit than most. The company’s share price has dropped more than 70% in the past five weeks. The reckoning came for Groupon’s leadership today with both CEO Rich Williams and COO Steve Krenzer ousted. In […]




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Original Content podcast: Netflix’s ‘Middleditch & Schwartz’ might change your mind about improv

We’ll admit it: Some of your Original Content podcast hosts are a little skeptical about improvised comedy. Of course, we can enjoy improv when it’s done well. It’s just that we’ve seen it done less well, often by friends who are so enthusiastic without being particularly funny. And our friends aside, live improv has rarely […]




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BuzzFeed extends pay cuts and furloughs 68 employees

BuzzFeed plans to furlough 68 employees as part of broader cost-cutting measures, according to a memo from CEO Jonah Peretti that was shared earlier by Variety. We’ve also obtained a copy of the memo, in which Peretti said the furloughs will affect the business, studios and administration teams. It sounds like the furloughs do not […]




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United States will return to importing more crude oil and petroleum products than it exports

In the April Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that the United States will again become a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through 2021. More net imports of crude oil and less net exports of petroleum products drove this change. EIA expects net crude oil imports to increase because as U.S. crude oil production declines, fewer barrels will be available for export. Net exports of petroleum products will be lowest in the third quarter of 2020, when U.S. refinery runs will decline significantly because of lower demand for refined products. In September 2019, the United States exported more crude oil and petroleum products than it imported for the first month since records began in 1973. EIA previously expected the United States to continue as a net exporter in most months through 2021. However, as a result of recent significant changes in global oil market dynamics, EIA now expects U.S. imports and exports will be even in 2020. It is important to note that the April outlook is subject to heightened levels of uncertainty because the impacts of the 2019 novel coronavirus disease on energy markets are evolving.




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PwC bolsters Family, Business & Wealth practice - 25 Jun

PwC Australia has appointed David Smorgon OAM as the Executive Chairman of its Family, Business & Wealth practice in Private Clients.




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Australia Improving but far Behind NZ in Leveraging Mature Age Workers - 29 Jun

Australia jumped five places to 15th in OECD rankings for employment of mature age workers.




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Small Business can unlock big growth with the internet: PwC & Google report - 17 Aug

Australian small businesses can unlock an additional $49.2 billion in output over the next ten years by making better use of existing technology, PwC analysis commissioned by Google released today shows.




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PwC named a 2015 Employer of Choice for Gender Equality - 6 Nov

PwC Australia is pleased to announce it was selected by The Workplace Gender Equality Agency WGEA as one of 90 organisations in Australia as an Employer of Choice in 2015.




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Company Tax Cuts Help The Economy and Real Incomes Grow - 24 Nov

If the company tax rate was reduced from 30 to 25 per cent over the next five years gross domestic product (GDP) would grow $291 billion and income tax revenues would generate $4 billion up to the year 2025, PwC modelling released today shows.




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Australia's Slide on Female Economic Empowerment Continues - 07 Mar

Australia has fallen back to pre-2007 performance on female economic empowerment with one of the biggest annual declines among OECD countries according to PwC's annual Women in Work index.




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Who's the fairest of them all? Australian entertainment & media industry needs diversity to grow - 8 June

A lack of diversity in Australia's media and entertainment workforce in terms of ethnicity, gender, age and thinking is dragging on the industry's growth, according to a PwC report released today.




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Backblaze challenges AWS by making its cloud storage S3 compatible

Backblaze today announced that its B2 Cloud Storage service is now API-compatible with Amazon’s S3 storage service. Backblaze started as an affordable cloud backup service, but over the last few years, the company has also taken its storage expertise and launched the developer-centric B2 Cloud Storage service, which promises to be significantly cheaper than similar […]




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Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




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Twitter runs a test prompting users to revise ‘harmful’ replies

In its latest effort to deal with rampant harassment on its platform, Twitter will look into giving users a second chance before they tweet. In a new feature the company is testing, users who use “harmful” language will see a prompt suggesting that they self-edit before posting a reply. When things get heated, you may […]




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Facebook’s redesign goes live with simplified navigation and dark mode

After months of testing, Facebook’s redesign is finally official. Announced last year at F8, the more minimalist approach to its desktop design has been rolled out in waves. In March, the company added an option to try out the new version. Users could switch back and leave feedback for why they had done so. This […]









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Extra Crunch Live: Join Mark Cuban for a Q&A on April 30 at 11am ET/8am PT

Billionaire. Entrepreneur. Investor. Shark. Mark Cuban is one of tech’s best-known entrepreneurs, so we are amped to have him join us for an upcoming Extra Crunch Live, our virtual speaker series that connects the brightest minds in tech directly with our Extra Crunch audience. Starting out as a salesman for one of Dallas’s earliest PC […]




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More debt, improving margins: How startups are retooling in the COVID-19 era

A new data set from Silicon Valley Bank (SVB) details how startups are reacting to the post-unicorn era as COVID-19-related disruptions upset the global economy and remake the risk tolerance of private investors. What SVB’s new report shows is unsurprising: venture capital deal volumes are falling, startups are tapping existing debt capacities to add cash […]




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Deep Render raises £1.6M for image compression tech that mimics ‘neural processes of the human eye’

Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at Imperial College London, Deep Render […]




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Uber leads $170M Lime investment, offloads Jump to Lime

Lime has announced that it has raised a $170 million funding round. Uber is the leading investor with existing investors Alphabet, Bain Capital Ventures, GV and others also participating. The Information first reported on the new funding round before the official announcement. As part of the deal, Lime is also acquiring Uber’s micromobility subsidiary Jump. […]




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Unemployment Surged to 14.7 Percent in April

The U.S. lost a record 20.5 million jobs over the past month.



  • News and Trends

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Is Your Back Hurting From Hunching Over Your Computer? Try These Stretches.

Spartan founder Joe De Sena recommends 50 repetitions.




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7 Unique Ways Entrepreneurs Can Decompress Over the Weekend

Find some new ways to relax with help from these deals.




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Apple and Google update joint coronavirus tracing tech to improve user privacy and developer flexibility

Apple and Google have provided a number of updates about the technical details of their joint contact tracing system, which they’re now exclusively referring to as an “exposure notification” technology, since the companies say this is a better way to describe what they’re offering. The system is just one part of a contact tracing system, […]




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Uber Eats exits seven markets, transfers one as part of competitive retooling

Uber Eats is pulling out of a clutch of markets — shuttering its on-demand food offering in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Uruguay and Ukraine. It’s also transferring its Uber Eats business operations in the United Arab Emirates (UAE) to Careem, its wholly owned ride-hailing subsidiary that’s mostly focused on the Middle […]




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Free Webinar | June 8: Simple Marketing Techniques to Re-Engage With Customers and Make Them Feel Safe

Franchise Bible author Rick Grossmann discusses how marketing is changing and new ways and platforms for sending your marketing messages to your customers.



  • Franchise Crisis Management Series

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Daily electricity demand impacts from COVID-19 mitigation efforts differ by region

Recent business shutdowns and changes to normal routines related to mitigation efforts for the 2019 novel coronavirus disease (COVID-19) have caused daily weekday electricity demand in the central region of the United States to decrease by 9%�13% in March and April compared with expected demand, after accounting for seasonal temperature changes. This decrease is similar to declines seen in New York. In contrast, other areas of the country, such as Florida, have not experienced significant changes, which may partly be caused by regional differences in how much electricity each end-use sector consumes and the varying effects of COVID-19 mitigation efforts on the sectors.




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Growth in India's LNG imports will depend on completion of connecting pipelines

India has been the world's fourth-largest importer of liquefied natural gas (LNG) since 2011, gradually increasing LNG imports as the country's domestic natural gas production declined and domestic consumption increased. India's LNG import capacity more than doubled during the past 10 years, and the U.S. Energy Information Administration (EIA) expects it to increase by a third in the next 3 years as regasification facilities currently under construction come online. However, the construction of domestic pipelines to move LNG from the coastal import facilities to major demand centers further inland has experienced delays. Future growth in India's LNG imports will depend on the timely completion of natural gas pipeline networks.




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KFC Enlists RoboCop to Protect Secret Recipe in New Campaign

Colonel Sanders's newest incarnation is fiercely defending the fried chicken chain's 11 blends of herbs and spices.




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The Top 11 Companies in the Franchise 500, Ranked From Cheapest to Most Expensive

Which of the Entrepreneur Franchise 500 entries is the cheapest, and which is most expensive?




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Fight for Your Franchise Challenge, Week 5: Implementing the Franchise Equation

When a business is running at its peak in all areas, efficiency and profitability increase exponentially.




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How to Recruit Employees With Equity

Before raising capital, it's often hard to pay potential employees, but you can still offer exponential future returns.



  • Starting a Business

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Free Webinar | May 14: Make a Positive Impact on the World and Build a Profitable Business at the Same Time

Join Harvard Business School Professor Rebecca Henderson as she discusses why entrepreneurs are central to building a better world and why there are million dollar businesses to be built along the way.



  • recovery planning series

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Company Builders Are the New Accelerator Programs

With this market uncertainty, entrepreneurs are better off planning for long-term growth than the quick-scaling approach.




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How to Remain Competitive in a Saturated Online Retail Market

Strategies for staying ahead amid a dizzying e-commerce landscape.




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3 Simple but Effective Strategies to Create Consistent Income Online

Consistency is more reliable than inspiration.




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Launching a New Site? Make Sure You Understand Digital ADA Compliance

Any business's online presence must comply with the Americans With Disabilities Act.



  • News and Trends

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How Ecommerce Companies Can Continue Engaging New Customers

Even amid a global economic downturn, there are still opportunities to woo new buyers.




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Be the Productive Leader Your Company Needs in Quarantine

Owners of small businesses, caught between financial struggles and health hazards, must learn to operate as efficiently as they can from the safety of their own homes.




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Company Builders Are the New Accelerator Programs

With this market uncertainty, entrepreneurs are better off planning for long-term growth than the quick-scaling approach.




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Great British Boltholes: A review of The Watership Down Inn, Hampshire

Jennifer Cox visited The Watership Down Inn just outside Whitchurch. It's a characterful pub with rooms, close to Watership Down country and the location for Downton Abbey.




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Downton Abbey movie: Allen Leech's wife Jessica debuts her baby bump at the London premiere

Allen Leech's wife Jessica Blair Herman debuted her baby bump as the couple hit the red carpet for Downton Abbey's world premiere, held in London on Monday.




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Downton Abbey's Michelle Dockery, Laura Carmichael and Allen Leech cover Town & Country

Michelle Dockery, Laura Carmichael and Allen Leech are Town & Country's October 2019 cover stars, appearing in a sumptuous photoshoot that captures the nostalgia of the period drama.




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Downton Abbey star Allen Leech's pregnant wife Jessica shows off her bump at New York premiere

Allen Leech's wife Jessica Blair Herman looked absolutely glowing as they attended the New York premiere of the Downton Abbey movie on Monday.