Category: PMN Business

Nov 16

COP29 Clash Brews as Saudis Resist Restating Fossil Fuel Pledge

Article content (Bloomberg) — A fight is building at the United Nations climate talks over whether countries should recommit to last year’s historic pledge to transition away from fossil fuels. European and US negotiators see restating commitments agreed last year, including a boost in efficiency and renewable energy deployment, as essential to prevent backtracking on […]
Nov 16

McDonald’s is investing $100 million to bring customers back after E. coli outbreak

Article content McDonald’s is investing $100 million to bring customers back to stores after an outbreak of E. coli food poisoning tied to onions on the fast-food giant’s Quarter Pounder hamburgers. The investments include $65 million that will go directly to the hardest-hit franchises, the company said. The U.S. Centers for Disease Control and Prevention […]
Nov 16

An environmental group files intent to sue a salmon farmer for pollution off Maine’s coast

Article content PORTLAND, Maine (AP) — An environmental organization has served a notice of intent to sue one of the world’s largest aquaculture companies for violations of the Clean Water Act in Maine _ allegations the fish farmer ardently denies. Conservation Law Foundation contends Cooke Aquaculture’s salmon farming sites off the Maine coast pollute the […]
Nov 16

Hydrogen Wildcatters Are Betting Big on Kansas to Strike It Rich

Breadcrumb Trail Links PMN Business A growing number of startups are searching for geologic hydrogen from the US Midwest to Australia and hoping for a “Spindletop moment.” Author of the article: Bloomberg News Michelle Ma and David R Baker Published Nov 16, 2024  •  7 minute read k4s(9ks9q[hmgg5qwlu(e}92_media_dl_1.png Bloomberg Article content (Bloomberg) — A new Gold […]
Nov 15

Ukraine Slams Scholz’s Putin Call as Allies Question German Move

Breadcrumb Trail Links PMN Business Ukraine blasted Olaf Scholz’s telephone diplomacy with Vladimir Putin, as many of Kyiv’s allies took a dim view of the German chancellor’s phone call with the Russian president. Author of the article: Bloomberg News Michael Nienaber, Daryna Krasnolutska and Alberto Nardelli Published Nov 15, 2024  •  4 minute read Article […]
Nov 15

Company announces nearly $712 million project in Kentucky to make batteries used to store energy

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Bruce Schreiner Published Nov 15, 2024  •  2 minute read Article content FRANKFORT, Ky. (AP) — A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy, a process seen as […]
Nov 14

Diamond Sports Group can emerge out of bankruptcy after having reorganization plan approved

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Joe Reedy Published Nov 14, 2024  •  2 minute read Article content Diamond Sports Group, the largest owner of regional sports networks, can emerge out of bankruptcy after having its reorganization plan approved Thursday. Judge Christopher Lopez gave the go ahead during […]
Nov 14

Large Swath of US Faces Power Supply Risk During Extreme Cold

Article content (Bloomberg) — The entire US Northeast faces an elevated threat of electricity shortages this winter during extreme cold weather, in part due to limited capacity on natural gas pipelines that supply power plants.  All US regions have sufficient electricity supplies to meet their needs in normal weather conditions, the North American Electric Reliability […]