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AEP Ohio has lots of control over outages in its local distribution system. But when huge high-voltage transmission lines were damaged, the utility said it had to shut off power on an emergency basis to prevent worse blackouts.
Camelot loses legal battle to keep hold of National Lottery A defence spending cut – disguised by Boris Johnson's fiscal sleight of hand FTSE 100 falls 0.8pc as recession fears return Ben Marlow: Heathrow risks killing off the golden age of air travel Sign up here for our daily business briefing newsletter
Weeks after Elon Musk's in-office mandate, Tesla workers find they have nowhere to park their seats or cars at work. Managers are telling them to WFH.
(Bloomberg) -- Oil is heading for the first monthly decline since November as OPEC+ ministers prepare to gather to discuss the group’s supply policy.Most Read from BloombergTrump’s Final Scene Didn’t Go According to ScriptDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinVenice Plans to Start Weeding Out Cheap TouristsFauci Suffers Covid Symptom Rebound After Course of Pfizer’s PaxlovidPokemon Go Creator Niantic Cancels Four Projects, Cuts 8% of StaffWest Texas Intermediate futures traded
A new study by the financial services company Allianz says that a higher percentage of Americans working with financial advisors buy products that provide guaranteed sources of retirement income. That's compared to folks who've never used a financial professional. The … Continue reading → The post You're More Likely to Have Guaranteed Retirement Income If You Do This appeared first on SmartAsset Blog.
Looking to pay fewer taxes on your hard-earned retirement income and extend the life of your savings? Doing so may be easier and simpler than you expected. For retirees with assets spread across various buckets, from taxable investment accounts to … Continue reading → The post Pay Fewer Taxes on Your Retirement Income With This Withdrawal Strategy appeared first on SmartAsset Blog.
Ford Motor is preparing new rules for how it sells electric vehicles, a shift that is concerning some dealers and seen as challenging the traditional franchise model.
Ford is trying to rebound, recently sold part of its Rivian stake and increased investments in EV production. Should you buy Ford stock now?
The San Jose-based company is giving consumers greater flexibility in payment processes so they can stretch their money and increasing its support of small, diverse businesses to address the racial wealth gap.
(Bloomberg) -- Ernst & Young LLP admitted that dozens of its audit personnel cheated on the ethics portion of the Certified Public Accountant exam and that the firm misled US regulators probing the misconduct, according to the Securities and Exchange Commission.Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsBig Tech Sinks Stocks Bruised by Recession Jitters: Markets WrapMichael Burry of ‘The Big Short’ Fame Warns Fed May Alter CourseChina Cuts Travel Quar
As investors digest Kellogg's decision to split the food conglomerate into three separate companies, the next question on analysts' minds — who's next?
Supply-chain turmoil has disrupted economic activity during the pandemic, leading to talk of U.S. companies reshoring their production.
Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean themselves off Russian supply, a Reuters poll showed on Thursday, though economic risks could slow the climb. A survey of 34 economists and analysts forecast Brent crude would average $106.82 a barrel in 2022, the highest prediction for the year so far, versus a $101.89 consensus in May. Brent has averaged about $105 a barrel this year, and is now trading around $116 a barrel, amid supply concerns.
(Bloomberg) -- Global energy markets that have thrown up plenty of anomalies in 2022 as flows get rerouted and prices jump just saw a fresh quirk: India, typically Asia’s leading gasoline and diesel exporter, has been forced to step up imports of the fuels.Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsTesla Cuts 200 Autopilot Workers as California Site ClosesTrump’s Final Scene Didn’t Go According to ScriptBig Tech Sinks Stocks Bruised by Recession Jitte
The Sierra Club and others had filed suit seeking to overturn the certificate of need issued by the Federal Energy Regulatory Commission for MVP Southgate, a 75-mile proposed pipeline that would extend the main Mountain Valley Pipeline from its terminus in Virginia into North Carolina.
(Bloomberg) -- Wall Street analysts are starting to cut earnings estimates for some of the world’s biggest technology companies, undermining the argument that their stocks look cheap after this year’s market rout. Most Read from BloombergTrump’s Final Scene Didn’t Go According to ScriptDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinVenice Plans to Start Weeding Out Cheap TouristsFauci Suffers Covid Symptom Rebound After Course of Pfizer’s PaxlovidPokemon Go Creator Niantic Cancels Four
Investors want to see more efficient operations, while ground-delivery contractors are pressing for financial help.
The roughly $1.5 billion deal marks Exxon’s exit from a region rich in natural gas but stunted by a lack of pipelines and infrastructure.
More than 22,000 British jobs linked to petrol and diesel car manufacturing are at risk as Britain’s auto industry transitions to electric.
The U.S.’s biggest owner of local TV stations is looking to broaden the CW’s programming to cater to an older audience.
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