Newsletter Nov 7, 2023
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Markets
DJIA 34,095.86 0.10%
S&P 500 4,365.98 0.18%
Nasdaq Composite 13,518.78 0.30%
Japan: Nikkei 225 32,539.28 -0.52%
UK: FTSE 100 7,417.76 0.00%
Crude Oil Futures 80.81 -0.01%
Gold Futures 1,983.20 -0.27%
Yen 150.04 -0.02%
Euro 1.07 -0.03%
* As of market close

 
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Deep-sea mining regulation decision looms

Delegates to the UNs' International Seabed Authority (ISA) resumed discussions in Jamaica on the regulation and authorization of large-scale deep sea mining operations. After a magnitude 5.4 earthquake disrupted the first day of the agency's conference last week, pressure is mounting from various stakeholders for the ISA to make a decision by Wednesday on whether to finalize a regulatory framework to facilitate deep sea mining or to enforce a global moratorium on the practice.

THE ENVIRONMENTAL PROS AND CONS OF DEEP-SEA MINING



Texans ready to vote in favor of natural gas

Texas will vote Tuesday on a ballot proposition aimed at bolstering the state's natural gas power generation capacity and shoring up the state's electrical grid. If passed, Proposition 7 would create the "Texas Energy Fund," initially allocating a total of $10 billion to the state's energy grid. Available polling data suggests that Proposition 7, also known as "Prop 7," will be approved by a comfortable margin.

WHAT PROP 7 WOULD MEAN FOR TEXAS, US ENERGY MARKETS


Epic Games takes on Google in major case

Epic Games -- the maker of hit videogame Fortnite -- and tech giant Google faced off in federal court in San Francisco as a trial began over whether the internet giant wields monopoly power at its Play Store. Lawyers began opening remarks to jurors who will hear from witnesses including Google chief executive Sundar Pichai in the weeks ahead. 

EPIC GAMES SAYS GOOGLE BROKE ITS 'DON'T BE EVIL' PLEDGE


Extra point

What is the best-selling video game of all-time? What's No. 1 in 2023?

Friday's answer: In 1979, Ford factory worker Robert Williams became the first known human to be killed by a robot -- an industrial robot arm.

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