Tag: Electric Utilities

Water funds attract $35 billion as drought drains reservoirs. A new report asks if they are worth it

As extreme drought and water shortages plague the U.S. West and beyond, water funds have attracted about $35 billion of assets under management, according to...

PG&E bonds recoup some lost ground as Dixie Fire rages with no end in sight

The Dixie Fire in Northern California, the state’s second largest on record, has raged for more than a month, burning a path across the Sierra...

FirstEnergy to pay $230M in settlement in Ohio bribery case

Federal authorities say Akron-based FirstEnergy Corp. would pay a $230 million penalty and fully cooperate as part of an agreement announced Thursday to settle federal...

Egypt and Ethiopia Clash Over Nile River Dam as Water Scarcity Looms World-Wide

A dispute over the Nile, the world’s longest river, is coming to a head. At stake are the lives and livelihoods of millions of people...

Opinion: For its critics, Amazon can never do enough

Perhaps no company has permeated the lives of Americans more than Amazon has. Whether it’s household staples, an intelligent doorbell, cloud applications, Whole Foods —...

Betting on the post-pandemic boom? Bank of America has 17 stock recommendations

Here’s one possible all-clear signal. COVID-19 is no longer a “tail risk” for investors, the first time since February 2020, says Bank of America in...

GameStop stock was reaching new heights, but shares in the meme stocks just plummeted

GameStop Corp. shares Wednesday were on track for their highest closing price in history and their longest winning streak since the videogame retailer’s stock became...

Houston mayor says Texas should pay some consumers’ massive utility bills

Houston Mayor Sylvester Turner said Sunday that the state of Texas should pay the massive utility bills some Texas consumers are facing following last week’s...

Dow logs record as cold snap lifts energy stocks, and rise in yields buoys banks

The Dow industrials eked out a record gain, but the other main equity benchmarks limped lower, as progress toward President Joe Biden’s $1.9 trillion coronavirus...

Wall Street sees Biden win speeding U.S. shift to clean energy

Electric energy generating wind turbines near Palm Springs, Calif. David Mcnew/Agence France-Presse/Getty Images President Donald Trump vowed four years ago to bring back the U.S....