Latest in Utilities Billion Reshape
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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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How Trump's support among men reshaped the political landscape
President-elect Donald Trump's gains among young and Latino men suggest dissatisfaction with the Democratic party's handling of issues affecting men.CBS News - 11h -
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 -
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 -
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 -
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 -
Tietoevry: A Nordic Vision for Global AI Innovation - reshaping businesses and societies
Tietoevry has played a leading role in many technology evolution cycles that have enhanced quality of life and the societies we live in. The era of AI will once again offer new opportunities for ...CBS News - Jan. 9 -
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 -
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 -
How the man who signed Henry, Bale and Suarez is reshaping Toulouse
At Arsenal, Tottenham and Liverpool, Damien Comolli helped sign Thierry Henry, Robin van Persie, Gareth Bale, Luka Modric and Luis Suarez. Now he is shaping Toulouse's future.BBC News - Jan. 8 -
Evening Report — Trump vows to reshape global order
👨🏼⚖️Plus: Trump praises one judge, blasts another {beacon} Evening Report © AP Trump promises a global shakeup PRESIDENT-ELECT TRUMP on Tuesday vowed to upend the global order, promising big ...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 -
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 -
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 -
U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel
The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.The Wall Street Journal - Jan. 4 -
Congress notified of planned $8 billion weapons sale to Israel
President Biden has made it clear that Israel has the right to defend its citizens as the American ally presses forward with its war against Hamas in Gaza.CBS News - Jan. 4 -
Biden administration plans $8 billion weapons sale to Israel
State Department tells Congress of a planned $8 billion weapons sale to Israel.ABC News - Jan. 4 -
State Dept. Tells Congress It Plans to Send $8 Billion in Arms to Israel
The arms transfer could be the final one the Biden administration provides to Israel. President Biden has largely ignored critics of Israel’s war in Gaza who have urged a halt to weapons aid.The New York Times - 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 -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - 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 -
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