TC Early Stage SF goes down on April 28, and we are getting pretty damn excited about it! The show will bring together 50+ experts across startup core competencies, such as fundraising, operations and marketing. We’ll hear from VCs on how to create the perfect pitch deck and how to identify the right investors for […]

DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar. DoorDash has agreed to pay Square $410 million in cash and preferred DoorDash stock. Square bought Caviar about five years ago in a deal worth about $90 million. Now, Caviar has found a new home with DoorDash, the on-demand […]

Smart rings are still a relatively young category in the wearable hardware world, but the Oura Ring seems to be a standout in terms of early success. The Oura Ring hardware is sleek and packed with sensors, allowing it to measure a user’s sleep patterns, take your body temperature and track activity, and now Oura […]

Fintech companies have been lobbying for weeks to be able to participate in the U.S. government’s emergency lending program for small businesses. Now those efforts have paid off, as PayPal, Intuit and Square have all been approved to participate in the U.S. Small Business Administration’s (SBA) Paycheck Protection Program, which provides aid in the form […]

In recent years, fintech’s revolution has felt like a rising tide. Behemoths like Stripe and Square edged out banks while newbies like Brex nonchalantly raised nine-figure rounds. Today, however, the state of the financial technology industry feels more wobbly — some healthy startups in the genre are faring better than ever, while others are feeling […]

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.

EIA will present results from four alternative policy scenarios to the Annual Energy Outlook 2020 (AEO2020) published in an Issue in Focus article. The article and the presentation will examine the potential effects of a range of alternative energy policies on the future U.S. electric power sector through 2050.

Airbnb says it will subsidize housing for 100,000 workers at the front lines of COVID-19 care, Groupon gets a new CEO and Stripe invests in a universal checkout startup. Here’s your Daily Crunch for March 26, 2020. 1. Airbnb to provide free or subsidized housing for 100,000 COVID-19 healthcare workers Airbnb’s effort will work by […]

Apple’s earnings show the impact of COVID-19, NVIDIA’s top scientist shares an open source ventilator design and Amazon anticipates big spending in the coming months. Here’s your Daily Crunch for May 1, 2020. 1. iPhone sales are down, ahead of uncertain times for the industry Apple device sales have taken a hit, but the company’s […]

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 […]

As businesses struggle to reinvent themselves in the midst of the COVID-19 pandemic, Yelp is launching new features to help highlight these changes. For one thing, it’s adding a new information category called virtual service offerings, which will allow businesses to showcase the fact that they’re providing things like virtual consultations, classes, tours and performances. […]

Creatively was supposed to launch this summer, according to CEO Greg Gittrich. And then COVID-19 happened. “We made the decision to fast-track the launch when the pandemic hit, because we felt like launching as a beta would really help the creative community,” Gittrich told me. The startup was founded by Stacey Bendet and Joe Indriolo, […]

Burst Oral Care, a startup that sells an electric toothbrush boasting charcoal bristles and 33,000 sonic vibrations per minute, has raised a Series C of undisclosed size. Although we don’t know the amount of the round, the Series C was led by Goldman Sachs Growth Equity, and Burst says it more than doubled the valuation […]

Modern Games is a new studio working to create games that combine physical and digital play. The company was founded by husband-and-wife team Justin and Amanda Kifer — serial entrepreneurs who previously launched companies including Citizen Local (acquired by MyLife in 2011) and Fidgetly, a fidget spinner company that also created a motion controller for […]

When I first met Bustle Digital Group’s Jason Wagenheim, New York City was just beginning to go into lockdown. The BDG offices were empty thanks to the company’s newly instituted work-from-home policy, but it still seemed reasonable to meet in-person to learn more about BDG’s broader vision. At the time, Wagenheim — a former Fusion […]

“Waco,” a Paramount Network series that recently started streaming on Netflix, dramatizes the tragic real-life standoff between the FBI, the ATF and the Branch Davidians. A couple of your Original Content podcast hosts only had a fuzzy idea of what actually went down in Waco, Texas in 1993. And all of us were surprised by […]

The average retail price for propane is $2.02 per gallon, down half a cent from last week's price, and down 41.5 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.66 per gallon, down 1.1 cents from last week, and down 16.2 cents from a year ago.

The average retail price for home heating oil rose 2.3 cents from last week to $3.08 per gallon. That's down 2.3 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.99 per gallon, up 1.8 cents from last week, but down 10.9 cents from a year ago.

The average retail price for propane is $2.01 per gallon, down 6-tenths of a cent from last week's price, and down 42.7 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.64 per gallon, down 9-tenths of a cent from last week, and down 17.9 cents from a year ago.

The average retail price for home heating oil rose 4.7 cents from last week to $3.12 per gallon. That's up 3.2 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $3.04 per gallon, up 5.4 cents from last week, but down 5.1 cents from a year ago.

The average retail price for propane is $2.01 per gallon, up 4-tenths of a cent from last week's price, but down 41.9 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.64 per gallon, down 4-tenths of a cent from last week, and down 17.9 cents from a year ago.

The average retail price for home heating oil fell 1 cent from last week to $3.11 per gallon. That's down 3 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $3.01 per gallon, down 1.9 cents from last week, and down 10.6 cents from a year ago.

The average retail price for propane is $2.01 per gallon, down 4-tenths of a penny from last week's price, and down 42.1 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.63 per gallon, down 7-tenths of a cent from last week, and down 18.4 cents from a year ago.

The average retail price for home heating oil fell 3 cents from last week to $3.07 per gallon. That's down 10 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.99 per gallon, down 2.3 cents from last week, and down 15 cents from a year ago.

The average retail price for propane is $2.00 per gallon, down 8-tenths of a cent from last week's price, and down 43.2 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.62 per gallon, down 1.1 cents from last week, and down 19.9 cents from a year ago.

The average retail price for home heating oil fell 6.8 cents from last week to $3.01 per gallon. That's down 16.4 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.92 per gallon, down 6.8 cents from last week, and down 22.7 cents from a year ago.

The average retail price for propane is $1.99 per gallon, down 7-tenths of a cent from last week's price, and down 44.8 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.61 per gallon, down 9-tenths of a cent from last week, and down 20.9 cents from a year ago.

The average retail price for home heating oil fell 5.2 cents from last week to $2.94 per gallon. That's down 23.8 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.85 per gallon, down 5.5 cents from last week, and down 30 cents from a year ago.

Henry Hub natural gas spot prices averaged $2.02 per million British thermal units in January according to the U.S. Energy Information Administration. Typically, January natural gas prices are among the highest of the year; however, warmer-than-normal January temperatures across much of the northern hemisphere contributed to the lowest average January spot price in many years. After beginning 2018 and 2019 with low U.S. working natural gas inventories, EIA forecasted that normal winter temperatures in the first quarter of 2020, along with production growth, would bring total inventories back over the five-year average this winter. So far this winter, temperatures have actually been warmer than normal, and EIA estimates that in January there were 18% fewer heating degree days in the United States than the prior ten-year average. As a result of reduced space heating demand, U.S. natural gas working inventories ended January 9% above the five-year average, higher than previously forecasted. In its February Short-Term Energy Outlook, EIA forecasts that at the close of the April-October injection season, working inventories will reach almost 4.1 trillion cubic feet on October 31, which would be the highest end-of-October inventory record on level. Expecting inventories to remain elevated as winter heating season winds down, EIA forecasts that Henry Hub natural gas prices will average $2.21 per million British thermal units in 2020, down from $2.57 per million British thermal units in 2019. In 2021, EIA expects natural gas prices to increase, reaching an average annual price of $2.53 per million British thermal units.

The average retail price for propane is $1.99 per gallon, down 3-tenths of a cent from last week's price, and down 44.6 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.61 per gallon, down 4-tenths of a cent from last week, and down 20.9 cents from a year ago.

The average retail price for home heating oil fell 2.2 cents from last week to $2.91 per gallon. That's down 26.9 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.83 per gallon, down 2.1 cents from last week, and down 31.7 cents from a year ago.

The average retail price for propane is $1.98 per gallon, down 4-tenths of a cent from last week's price, and down 44.7 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.61 per gallon, down half of a penny from last week, and down 21.2 cents from a year ago.

The average retail price for home heating oil rose by half of a penny from last week to $2.91 per gallon. That's down 31.1 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.83 per gallon, down half of a penny from last week, and down 34.8 cents from a year ago.

The average retail price for propane is $1.98 per gallon, down 4-tenths of a cent from last week's price, and down 45.3 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.60 per gallon, down half of a cent from last week, and down 22.1 cents from a year ago.

The average retail price for home heating oil fell by 3-tenths of a cent from last week to $2.90 per gallon. That's down 33.4 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.81 per gallon, down 1.2 cents from last week, and down 37.1 cents from a year ago.

The average retail price for propane is $1.97 per gallon, down 1.1 cents from last week's price, and down 45.3 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.59 per gallon, down 1.6 cents from last week, and down 22.3 cents from a year ago.

The average retail price for home heating oil fell by 6.8 cents from last week to $2.82 per gallon. That's down 40.6 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.73 per gallon, down 7.4 cents from last week, and down 44.9 cents from a year ago.

The U.S. Energy Information Administration forecasts that U.S. dry natural gas production will average 95.3 billion cubic feet per day in 2020, up 3% from 2019. However, EIA expects monthly production to generally decline through 2020, falling from an estimated 96.3 billion cubic feet per day in January to 92.3 billion cubic feet per day in December. Most of the decline in production will occur in the Appalachian and Permian regions. In the Appalachian region, low natural gas prices are discouraging drilling for natural gas. In the Permian, low oil prices are expected to reduce the associated production of natural gas from wells drilled to produce oil. In its March Short-Term Energy Outlook, EIA forecasts that U.S. dry natural gas production will average 92.6 billion cubic feet per day in 2021, down 3% from 2020. This would be the first decline in average annual natural gas production since 2016.

In its March 2020 update, the U.S. Energy Information Administration (EIA) significantly revised its Short-Term Energy Outlook for global oil supply, demand, and prices compared with the February Short-Term Energy Outlook. These updates largely resulted from updated data and assumptions about the effects of the 2019 novel coronavirus disease (COVID-19) on global oil demand and assumptions regarding the Organization of the Petroleum Exporting Countries (OPEC) crude oil production following its meeting on March 6. EIA now forecasts that OPEC will target market share instead of a balanced global oil market. As a result, EIA expects that OPEC crude oil production will increase to an average 29.1 million barrels per day in the second and third quarters of 2020. EIA forecasts that global demand for liquid fuels will grow by 0.4 million barrels per day from 2019 to 2020, down from the 1.0 million barrels per day increase EIA previously forecasted in February. The revised March estimate is driven by EIA's expectations of slowing economic growth, primarily related to the effects of the coronavirus outbreak. EIA expects the decline in global liquid fuels demand, combined with the increase in OPEC production, to result in significant global oil inventory builds in the first half of 2020-putting continued downward pressure on prices. EIA forecasts Brent oil prices will average 43 dollars per barrel in 2020 and 55 dollars per barrel in 2021.

The average retail price for propane is $1.96 per gallon, down half a cent from last week's price, and down 45.3 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.57 per gallon, down 1.8 cents from last week, and down 23.6 cents from a year ago.

The average retail price for home heating oil fell by 6.6 cents from last week to $2.76 per gallon. That's down 47.4 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.67 per gallon, down 7.3 cents from last week, and down 52 cents from a year ago.

The average retail price for propane is $1.94 per gallon, down 2.7 cents from last week's price, and down 47 and a half cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.54 per gallon, down 3.3 cents from last week, and down 26.2 cents from a year ago.

The average retail price for home heating oil fell by 14.1 cents from last week to $2.61 per gallon. That's down 60.9 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.51 per gallon, down 15.1 cents from last week, and down 66.5 cents from a year ago.

The average retail price for propane is $1.91 per gallon, down 1.8 cents from last week’s price, and down 48.6 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.51 per gallon, down 3.1 cents from last week, and down 27.4 cents from a year ago.

The average retail price for home heating oil fell by 14 and a half cents from last week to $2.45 per gallon. That’s down 76.9 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.38 per gallon, down 12.3 cents from last week, and down 79.7 cents from a year ago.

The average retail price for propane is $1.87 per gallon, down 3.3 cents from last week’s price, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.46 per gallon, down 4.4 cents from last week.

The average retail price for home heating oil fell by 2.6 cents from last week to $2.42 per gallon, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.36 per gallon, down 2.8 cents from last week.

In its April Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that U.S. electricity generation will decline by 3% in 2020 as a result of the COVID-19 related economic slowdown. Most new generating capacity built in 2020 will use renewable energy sources. EIA expects renewable generation to grow by 11% in 2020. Although EIA expects renewable energy to be the fastest growing source of U.S. electric generation in 2020, the economic slowdown will reduce the total amount of new generating capacity over the next few months. The electric power sector will add 19.4 gigawatts of new wind capacity and 12.6 gigawatts of utility-scale solar capacity in 2020. These annual wind and solar capacity additions are 5% and 10% less, respectively, than EIA forecast in its March outlook. This update combined with EIA's forecast lower overall electricity demand, leads to a decline in U.S. fossil fuel generation, especially at coal-fired power plants. EIA expects that coal generation will fall by 20% in 2020.

As a result of the global economic slowdown related to COVID-19, the U.S. Energy Information Administration estimates that global petroleum and liquids consumption will average 95.5 million barrels per day in 2020, down 5.2 million barrels per day from 2019. EIA forecasts that U.S. oil consumption will decline 6.5% in 2020 to average 19.1 million barrels per day, which would be the largest percentage decline in U.S. consumption since 1980. At the same time, in its April 2020 Short-Term Energy Outlook, EIA expects global oil supply to increase in the coming months from first-quarter 2020 levels. Total world liquids supply will average 98.7 million barrels per day through the third quarter of 2020. These supply and demand developments are contributing to a significant increase in liquid fuels inventories. EIA estimates that second-quarter 2020 global petroleum inventories will increase an average 11.4 million barrels per day. Within the Organization for Economic Cooperation and Development, the most stocks recorded in historical data were in July 2016 at 3.1 billion barrels. EIA forecasts inventories will surpass this level as production continues to outpace consumption. EIA expects these large stock builds will put downward pressure on crude oil prices for several months. Brent crude oil prices averaged 32 dollars per barrel in March, the lowest monthly average since January 2016. EIA forecasts Brent crude oil to average 23 dollars per barrel during the second quarter of 2020 before increasing to an average 46 dollars per barrels in 2021.

After three years in development, the International Auditing and Assurance Standards Board (IAASB) has released a set of standards that are game-changing for shareholders and the profession, says PwC.