Years late and billions of dollars over budget — but finally producing electricity. The milestone of full operations for the Plant Vogtle unit 3 nuclear reactor in Georgia has improved the rating outlook for three utilities that contracted to take its electricity. Georgia-based MEAG Power, Jacksonville’s city-owned JEA utility and Alabama-based PowerSouth Energy Cooperative, partners
Municipals were slightly firmer Thursday, outperforming U.S. Treasuries, as the last large new-issues of the week priced and mutual fund inflows returned. U.S. Treasuries saw losses across the curve following the July inflation read while equities closed out the session in the black. While the consumer price index came in mostly as expected, analysts remain
Private phone booth at One Wall Street Courtesy: One Wall Street The latest must-have amenity in luxury New York City apartment buildings: a designated coworking space for remote workers. Apartment developers are building out private offices, conference rooms and even podcasting booths to capitalize on a lingering work-from-home trend. Even as workplaces reopen, 59% of
A newly discovered vulnerability in the Libbitcoin Explorer 3.x library has allowed over $900,000 to be stolen from Bitcoin users, according to a report from blockchain security firm SlowMist. The vulnerability can also affect users of Ethereum, Ripple, Dogecoin, Solana, Litecoin, Bitcoin Cash and Zcash who use Libbitcoin to generate accounts. SlowMist Security Alert Recently, #Distrust
Binance Labs, the venture arm of cryptocurrency exchange Binance, has invested $5 million in Curve (CRV), the namesake token of the decentralized stablecoin trading platform. “Curve is the largest stableswap and second-largest DEX [decentralized exchange], with approximately $2.4B in total value locked and $215M in daily volume at the time of writing,” Binance Labs said
In this article FLT RBLX PENN GPN WYNN TPR CPRI APP BABA DIS Follow your favorite stocksCREATE FREE ACCOUNT Employees prepare a window display at a Kate Spade shop in The Shoppes at Marina Bay Sands shopping mall in Singapore on June 19, 2020 as retail shops reopen in Singapore following the further easing of
Voters in Tulsa, Oklahoma, approved an $814 million infrastructure funding package that includes nearly $385 million of general obligation bonds the city expects to sell over seven years. In Tuesday’s election, $170 million of bonds for street, bridge, and transportation systems passed with nearly 69% of the vote, $146.7 million of bonds for parks and
Amazon has tracked the attendance of US-based workers and targeted those failing to comply with its hybrid working policy, becoming the latest employer to take a more aggressive approach to forcing staff back to the office. The Seattle-based tech group this week singled out some staff members to tell them they were “not currently meeting
California is following other states in a push to snare federal infrastructure money to develop the state’s hydrogen market. Gov. Gavin Newsom announced on Tuesday that he has directed the Governor’s Office of Business and Economic Development, more commonly known as GO-Biz, to develop a hydrogen market development strategy for the state, employing an all-of-government
A Chapter 11 bankruptcy involving a bond-financed Arizona participant sports venue will continue to move forward in an effort to sell the property after a federal court judge denied a motion to appoint an independent trustee for the debtor or dismiss the case. Judge Daniel Collins’ Wednesday order acknowledged disputed allegations of mismanagement and infractions
Forest Heights Boulevard is a tony residential street in Toronto’s St. Andrew-Windfields area. “It’s a sought-after neighborhood with large estates and mature trees,” says Patricia Sun of Barry Cohen Homes. Affluent and tranquil, this part of North York is close to schools, parks, playgrounds, sports fields and the expressway. The 2018-built residence combines traditional and
Public universities are showing an increased interest in public-private partnerships to provide infrastructure and services at their schools. Three-quarters of higher education respondents in a new survey said they’re interested in increasing the number of P3s on their campuses. That is higher than last year’s number of 71%. The survey, which included 385 college and
Warsaw is planning a big military build-up along its border with Belarus to counter what the government sees as an increasing security threat from Russia’s ally and host of Wagner paramilitary fighters. Poland’s defence minister Mariusz Blaszczak said on Thursday that about 10,000 soldiers would eventually be stationed on the Belarus border or nearby. The
Apple wants to put an AI in your pocket Apple has been playing its cards close to its chest when it comes to AI. While rival Microsoft has jumped on the ChatGPT bandwagon and is integrating AI into everything despite the bugs and hallucinations, the acronym didn’t even get a mention at Apple’s Worldwide Developers
New York City faces a possible $12 billion bill in the years ahead as the migrant crisis continues to stress the city’s finances, Mayor Eric Adams said on Wednesday. According to updated figures, costs associated with the influx of migrants could cost the city more than $12 billion over the next three fiscal years if policy changes
This week’s violent surge in European gas prices underscores how the region’s success in weaning itself off Russian energy has left it more vulnerable to the ebb and flow of volatile global energy markets. Europe managed to avert an energy crisis last year by rapidly increasing imports of liquefied natural gas. The seaborne fuel replaced
In this article APP DIS TTD SIX WYNN Follow your favorite stocksCREATE FREE ACCOUNT A shopper looking at Michael Kors handbags in Macy’s flagship store in New York. Scott Mlyn | CNBC Check out the companies making headlines before the bell: Capri, Tapestry — Capri soared more than 57%, while Tapestry slid 3.2% in premarket
The co-founder of Russian tech giant Yandex has spoken out against the “barbaric” war in Ukraine, an unusual public criticism from one of the country’s leading businessmen. “Russia’s invasion of Ukraine is barbaric, and I am categorically against it,” Arkady Volozh said in a statement published on Thursday. “I am horrified about the fate of
The EU has signalled that it will not immediately follow the US in issuing outright bans on investment in China’s cutting-edge technology sector, saying instead that it will make its own proposal by the end of the year. The White House issued an executive order on Wednesday that will limit some US investment in sectors
Bitcoin (BTC) hovered near $29,500 on Aug. 10 as markets braced for a fresh United States Consumer Price Index (CPI) print. BTC/USD 1-hour chart. Source: TradingView Trader warns of Bitcoin “downside” despite CPI volatility Data from Cointelegraph Markets Pro and TradingView showed BTC price action stabilizing in the run-up to the CPI release — itself
San Fransico-based Sofi Bank revealed it holds $170 million in crypto on its balance sheet in the Q2 earning report. The United States bank that serves over 6 million customers has seen a significant increase in its crypto holdings compared to the last quarter. The bank holds Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Cardano (ADA),