Breadcrumb Trail Links PMN Business American Electric Power Co. is taking direction from state regulators on their energy and economic development goals under new CEO Bill Fehrman. That may lead to a change in the utility’s 2045 net-zero carbon target, he said. Author of the article: Bloomberg News Josh Saul Published Nov 11, 2024 • […]
Breadcrumb Trail Links PMN Business A sense of déjà vu overwhelmed Wall Street this week, as Donald Trump’s election win gave the stock market a jolt similar to what happened after his victory eight years ago. Small caps soared, banks leaped and the S&P 500 Index had its best Election Day in history and strongest […]
Article content (Bloomberg) — The first two years under Donald Trump’s second term could be “quite impactful” if policy changes are made on tax, deregulation and crypto, according to Stefan Gratzer, managing director at J.P. Morgan Private Bank. “One really differentiating thing Trump had in his policy was about crypto, so let’s see how this […]
Breadcrumb Trail Links PMN Business For investors looking past the initial risk-on rally in US equities following Donald Trump’s decisive election victory, now comes the hard part. Author of the article: Bloomberg News Esha Dey Published Nov 10, 2024 • 4 minute read d6{x{c9i4fh37[1])]v{[t06_media_dl_1.png Bloomberg Article content (Bloomberg) — For investors looking past the initial […]
Article content (Bloomberg) — California regulators tightened requirements for the carbon intensity of fuels sold in the state, despite fears the move could add nearly 50 cents to the price of a gallon of gasoline. The move came even as Governor Gavin Newsom has been grappling with an affordability crisis in the state, with rising […]
Breadcrumb Trail Links PMN Business The president-elect has threatened to rescind the Inflation Reduction Act, but that may prove politically and legally challenging for home decarbonization tax credits and rebates. Author of the article: Bloomberg News Todd Woody Published Nov 09, 2024 • 3 minute read President-Elect Donald Trump, pictured with campaign co-managers Chris LaCivita and Susie Wiles, […]
Breadcrumb Trail Links PMN Business Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs. Not Barrick Gold Corp. Author of the article: Bloomberg News Jacob Lorinc Published Nov 09, 2024 • 3 minute read Mark Bristow, chief executive officer of Barrick Gold Corp., […]
Article content (Bloomberg) — Polish Prime Minister Donald Tusk said his government plans to keep energy prices frozen next year and criticized European Union plans to limit carbon emissions as economically harmful. Tusk said he instructed his finance minister to prepare a plan to curb energy prices for consumers, and that the cap may also […]
Article content (Bloomberg) — European Commission President Ursula von der Leyen has an idea for reducing the bloc’s consumption of Russian liquefied natural gas: import more from America. That’s among the subjects she mentioned during a recent phone call with US President-elect Donald Trump, the head of the European Union’s executive arm said Friday. LNG […]
Article content (Bloomberg) — Libya is planning its first tender for energy exploration contracts since 2011’s civil war, as the OPEC member looks to bring back oil majors spooked by years of instability and production shutdowns. Authorities will offer onshore and offshore blocks in a bid round either at the end of this year or […]