After a year of consultations and house debate President Obama’s Clean Power Plan will be finalised early next week. [BBC] The oil giant also said it would cut 6,500 jobs as the drop in oil and gas prices hinders its vast global exploration and production operations. [The NY Times] U.S. stocks traded in a narrow… Keep reading →
The stock market closed with another record figure on Thursday as rising oil prices bolstered energy stocks.”Best Buy was among the biggest gainers after reporting earnings that exceeded the expectations of Wall Street analysts. Lumber Liquidators, a specialty retailer of hardwood flooring, plunged after its CEO abruptly quit the company. Stocks are trading at record levels,… Keep reading →
Duke Energy has pleaded guilty to environmental crimes, agreeing to pay a $102 million fine over years of illegal pollution leaking from coal-ash dumps at five North Carolina power plants. “Duke Energy appeared Thursday before a federal judge in Greenville, N.C., Thursday to settle criminal charges stemming from its 2014 coal ash spill into the Dan… Keep reading →
