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Country Garden Lost $24.33 Billion in 2023
The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.The Wall Street Journal - 2d -
Canada Approves Bunge's $8.2 Billion Deal for Viterra
Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.The Wall Street Journal - 2d -
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House parties offer differing priorities on opening day
The House of Representatives adopted rules for the 119th Congress that included changes to its standing procedures and the introduction of 12 policy-related bills, while Democrats proposed two ...The Hill - 10h -
Energy Dept. Offers Utilities $22 Billion to Reshape U.S. Power Grids
The loan guarantees are one of the final attempts by the outgoing Biden administration to encourage power companies to cut emissions while trying to keep rates down.The New York Times - 13h -
Bond funds are offering a ‘double whammy’ for investors
Many of these funds are trading at deep discounts and may have tempting distribution yieldsMarketWatch - 15h -
How wildfires increase financial risk for utility companies
As extreme blazes happen more frequently, the sector faces costly litigation and damages to infrastructureFinancial Times - 17h -
Energy & Utilities Roundup: Market Talk
Find insight on Algonquin, Equinor, Yinson Holdings and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - 1d -
Possible links between utility companies and LA wildfires under investigation
Investigators have not determined causes of any of the Los Angeles County fires yet.ABC News - 2d -
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Zelensky offers exchange of North Korean soldiers
One of the soldiers thought he was going to Russia for "training", Kyiv's security service said.BBC News - 4d -
Chronic Pain Afflicts Billions of People. It’s Time for a Revolution.
As many as two billion people suffer from it — including me. Can science finally bring us relief?The New York Times - 4d -
L.A. Utilities’ Decisions to Keep Power On Are Scrutinized
Energy experts said the decision by utility companies serving the area not to turn off many power lines during high winds had likely increased the risk of fires.The New York Times - 6d -
Can a debt collector refuse my settlement offer?
Negotiating a successful debt settlement could be a little more complicated than you'd expect.CBS News - 6d -
Energy & Utilities Roundup: Market Talk
Find insight on oil and gas prices, Dialog Group and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - 6d -
As L.A. Fires Burn, Edison Utility Denies Any Involvement
Insurers ask Southern California Edison to preserve evidence, though it says there are no indications its equipment was linked to the still-raging wildfire.Inc. - 6d -
Listed UK water utility dividends exceed private peers’ payouts for first time since Thatcher
First-time publicly traded companies pay out more than privately held rivals since privatisationFinancial Times - Jan. 9 -
Carabao Cup offers lifeline for Postecoglou and Spurs
After what has been a challenging month for Ange Postecoglou, the prospect of a cup final may just be focal point that Spurs and their under-pressure boss so desperately need.ESPN - Jan. 8 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Shares of California utility Edison International drop 10% as wildfires rage
The decline comes as multiple large fires are burning around Los Angeles, with strong winds making them difficult to contain.CNBC - Jan. 8 -
Shares of California utility Edison International drop more than 10% as wildfires rage
Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly ...NBC News - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
UK offers to frontload payments in Chagos Islands talks
Officials are racing to conclude deal before Donald Trump takes office later this monthFinancial Times - Jan. 8 -
Surgeon general offers 'parting prescription' for US
Outgoing U.S. Surgeon General Vivek Murthy offered a “parting prescription” to the U.S. in a document released Tuesday. “As I finish my tenure as Surgeon General, this is my parting prescription, ...The Hill - Jan. 7 -
Energy & Utilities Roundup: Market Talk
Read about oil prices, Phillips 66, PTT Global Chemical and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - Jan. 7 -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Manchester United will listen to offers for Mainoo, Garnacho and Højlund
United not seeking to offload but trio not untouchable Offers will also be considered for Yoro, De Ligt and Ugarte Manchester United will listen to serious offers for any of Ruben Amorim’s ...The Guardian - Jan. 7 -
NFL playoffs: Steelers' Mike Tomlin 'certainly open to utilizing' Justin Fields in wild-card game vs. Ravens
Pittsburgh's offense has struggled mightily over the last monthCBS Sports - Jan. 7 -
Uber and Lyft to offer driverless rideshare cars
Customers in Atlanta and Austin, Texas, will be able to hail one of these driverless rideshare cars via the Uber app.The Hill - Jan. 7 -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - Jan. 6 -
Heat suspend Butler, will listen to trade offers
The Heat suspended Jimmy Butler for seven games for "conduct detrimental to the team" and said they would listen to trade offers.ESPN - Jan. 4 -
Energy & Utilities Roundup: Market Talk
Find insight on oil prices, investments in clean energy and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - Jan. 3 -
Shops offered grottos and wine to combat 'drab' December
Small businesses are offering incentives to entice customers as consumer confidence remains low.BBC News - Jan. 3 -
Venezuela offers reward for candidate's arrest
The reward has been put forward for information leading to the arrest of Edmundo González.BBC News - Jan. 3 -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - Jan. 2 -
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Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30