Power producer outages, high temps lead ERCOT to ask Texans to conserve electricity

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Power producer outages, high temps lead ERCOT to ask Texans to conserve electricity

TEXAS, USA — This story will be updated with new developments Monday. Texans are being asked to reduce their electric use as much as possible for the rest of the week. Electric demand was predicted to outpace supply Monday afternoon as temperatures …
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Elon Musk is (finally) selling his mansion south of San Francisco

One of the homes sold by Musk last year was a Los Angeles mansion previously owned by legendary comic actor Gene Wilder, to which Musk made a special request when selling. “Just one stipulation on sale: I own Gene Wilder’s old house. It cannot be torn …
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Loeb's Third Point Has Built Substantial Position in Vivendi

Artisan Partners, which is Vivendi's 11th-largest holder, according to data compiled by Bloomberg, came out last week against the proposal. Artisan
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Dimon Warns of Bigger Trading Revenue Drop After Covid Boom

Wall Street’s pandemic-era trading boom could be drawing to a close, with JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon signaling a 38% decline in trading revenue from a year ago — a bigger drop than previously expected. Trading revenue at …
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Big Tech will dodge Congress's sharpest arrows

A committee of the U.S. Congress has proposed no fewer than five bills designed to rein in big technology companies. Even though they are bipartisan efforts, the three most disruptive bills may languish because of political disagreements, while the two less …
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