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Amazon Business might shelve plans to sell drugs to hospitals

“As reported by CNBC, Amazon Business — which sells large-quantity orders to businesses — has halted plans to sell drugs directly to hospitals” reports cnet.com. It’s worth noting that Amazon Business currently offers health care products, including medical supplies — just not drugs.In reaction, the stocks for several pharmaceutical distribution and health care companies fell. An Amazon spokesperson said the company doesn’t comment on “rumors or speculation.”.  Source: cnet.com Share This:

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Futures Markets News Oil 

Oil dips on rising U.S. supplies, market still tense on conflict in Syria

“There are also concerns that the United States could renew sanctions against Iran, a major Middle East oil producer” writes Midwest Communications Inc for 95kqds.com. Brent crude futures rose to $70.78 per barrel at 0154 GMT, down 26 cents, or 0.4 percent, from their last close.U.S. WTI crude futures were at $65.38 a barrel, down 13 cents, or 0.2 percent from their last settlement. That will likely make the United states the world’s biggest oil producer by 2019, surpassing Russia which currently pumps out almost 11 million bpd. Source: 95kqds.com Share…

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Shut up and spread the word: ‘A Quiet Place’ is a thrillingly intelligent monster movie

“From the very first scene, in which we meet the Abbotts searching an abandoned store for supplies, the film is recognizably the product of a keenly observant sensibility” writes Justin Chang for latimes.com. The camera keeps feeding us quick, telling details: We see Lee checking the fishing cages at a nearby river that keeps food on the table, and also pouring sand trails outside the house so as to muffle the family’s footsteps. Source: latimes.com Share This:

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Oil prices deepen decline as U.S. crude supplies edge up, but product stocks fall

“The U.S. Energy Information Administration early Wednesday reported that crude supplies rose by 1.6 million barrels for the week ended March 23” writes Markets Commodities Reporter for marketwatch.com. Oil prices deepened their declines on Wednesday, after failing at an attempt to turn higher in the wake of the latest weekly U.S. report on petroleum supplies.Data showed that U.S. crude inventories edged a bit higher last week and production rose, while stockpiles of both gasoline and distillates declined a bit more than expected. Source: marketwatch.com Share This:

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Nissan Leaf EV batteries to power Fukushima streetlights

“Future applications for second-life EV batteries could also include use as remote power supplies in areas ravaged by natural disaster” reports cnet.com. Their bases contain used cells from Nissan Leaf hatchbacks whose batteries have outlived their useful lifespan for powering an automobile.Nissan has been researching ways to reuse EV batteries for years, including combining multiple vehicles’ packs to serve as power supplies for buildings and homes. As a company spokesperson says in a video for the Reborn Light project, “Even when batteries no longer serve to power cars, they can…

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Take a look inside the stylish, modern-day communes that are taking over US cities

“As Common grows, it’s able to offer its rooms at increasingly competitive rates by buying furnishings, supplies, and linens in bulk” writes Zo Bernard for businessinsider.com. “We get over 1000 applicants per week — far more demand than we can currently provide for.”. Whatever your opinion on sharing a bathroom with nine other people might be, the demand for co-living spaces shows no sign of letting up: “Right now, we’re supply-constrained,” said Hargreaves. Source: businessinsider.com Share This:

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Gaming laptops will have smaller power supplies with EPC’s gallium nitride chips

“But they will care that those chips will enable a new generation of gaming laptops with much smaller power supplies than in the past” writes Dean Takahashi for venturebeat.com. Gamers may not care about the finer points of gallium nitride (eGaN) chips as evangelized by power pioneer Alex Lidow, CEO of Efficient Power Conversion (EPC).Today’s gaming laptops come with brick-size power supplies to provide enough power to run high-end computer games from Tomb Raider to virtual reality games such as Dead & Buried.The 300-watt power adapter at the top of this story…

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News Oil 

Oil ends lower on bets for growth in U.S. crude supplies

“Commodities like oil tend to have an inverse relationship with the U.S. currency, with a stronger dollar often pressuring oil prices” writes Christopher Alessi for marketwatch.com. Oil prices suffered a decline from three-week highs on Tuesday, pressured by expectations for a weekly build in U.S. crude stockpiles and concerns over growth in domestic production.Analysts polled by S&P Global Platts expect the EIA on Wednesday morning to report a weekly rise of 2.1 million barrels in U.S. crude supplies.April West Texas Intermediate crude CLJ8, -1.60%  fell 90 cents, or 1.4%, to…

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Bunzl profit rises in record year for acquisitions

“Bunzl PLC BNZL said Monday that pretax profit increased 13% and that it sees further growth in the future, driven by organic sales and acquisitions” writes Carlo Martuscelli for marketwatch.com. Bunzl said that like-for-like sales, as well as new acquisitions, had driven revenue growth.The year was a record one in terms of money spend on acquisitions, it said.Bunzl said it expected all of its business areas to grow in 2018 at constant-exchange rates, and that it would pursue like-for-like growth as well as consolidations in what it called a fragmented…

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Apple could save ‘hundreds of billions’ of dollars if it makes a metal play

“Apple could potentially save hundreds of billions of dollars over the next two to three years if the tech giant secures cobalt supplies, an analyst told CNBC on Thursday” writes Saheli Roy Choudhury for cnbc.com. Apple should have moved to lock in cobalt supplies earlier, according to Ives.Multiple reports, citing various unnamed sources, said Apple was talking to major cobalt producers to buy long-term supplies of the material directly. Source: cnbc.com Share This:

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