One of the most exciting emerging-markets companies out there is MercadoLibre (NASDAQ: MELI). On this Jan. 12 edition of "The Crypto Show" on Backstage Pass, Fool.com contributors Chris MacDonald and Jon Quast discuss how MercadoLibre is looking for solutions to currency volatility in its core markets, and how cryptocurrencies can play into this. Read More...
Reuters
Kinder Morgan profit tops expectations on higher gasoline, jet fuel volumes
Global jet fuel demand, however, has again come under pressure with some countries reimposing border restrictions and other curbs to keep the Omicron coronavirus variant at bay, prompting travelers to reconsider their plans. “We saw a little bit more downside momentum on jet fuel due to omicron variant, but combined, we didn’t really see a meaningful impact as we exited the year,” senior executive Dax Sanders said in the earnings call. Kinder Morgan reported a 48% jump in jet fuel volumes and 7% jump in gasoline, following a year of coronavirus-driven decline.
