Supreme Court Wrestles With US Agency’s Nuclear Waste Storage Licensing Power
March 5 By Blake Brittain The U.S. Supreme Court grappled on Wednesday over whether the Nuclear Regulatory Commission has the authority to license certain nuclear waste storage facilities amid objections brought by the state of Texas as well as oil industry interests. The justices heard…
Mars Readying Over $25 Billion Bond Sale for Next Week, Sources Say
Feb. 28 By Anirban Sen Family-owned candy giant Mars is preparing to sell bonds worth between $25 billion and $30 billion as soon as next week to help finance its takeover of Pringles maker Kellanova, according to people familiar with the matter, in a deal…
Hungarian Government Plans Constitutional Change to End Pride March
Feb. 27 By Anita Komuves Hungary will amend the constitution soon to emphasise child protection, the government said on Thursday, a move paving the way for a ban on the annual Pride march by LGBTQ+ communities which it is targeting ahead of elections next year….
Trump’s $5 Million ‘Gold Card’ Visa Unlikely to Attract Wealthy Investors, Advisers Say
Feb. 26 By Scott Murdoch U.S. President Donald Trump’s $5 million so-called ‘gold card’ visa program is unlikely to trigger a major inflow of wealthy global investors seeking U.S citizenship because of concerns over higher taxes, immigration and wealth advisers said. Trump said on Tuesday…
California Governor Requests $40 Billion for Fire Aid, Washington Post Reports
Feb. 22 By Dan Burns California Governor Gavin Newsom is asking Congress for nearly $40 billion in disaster funding to help Los Angeles recover and rebuild areas scorched by last month’s devastating wildfires, the Washington Post reported on Friday citing a letter. “It’s going to…
New US House Task Force Focused on the Fed Sets First Meeting
Feb. 21 By Dan Burns A new congressional task force focused on the Federal Reserve, set up by the head of a powerful committee who is critical of the U.S. central bank’s approach to setting monetary policy, has penciled in its first public hearing for…
DOGE Cuts Nearly Half of Unit Overseeing Autonomous Vehicles Safety, Washington Post Reports
Feb. 20 By Ismail Shakil Elon Musk-led Department of Government Efficiency has cut three out of roughly seven people in a U.S. auto safety agency unit overseeing the safety of autonomous vehicles, the Washington Post reported on Thursday. The workers fired by the agency headed…
Frigid Temperatures Chill US Single-Family Homebuilding; Tariffs a Potential Drag
Feb. 19 By Lucia Mutikani U.S. single-family homebuilding fell sharply in January amid disruptions from snowstorms and freezing temperatures, with a rebound likely to be limited by higher costs from tariffs on imports and elevated mortgage rates. The report from the Commerce Department on Wednesday…
US EPA Grants West Virginia Authority to Oversee Carbon Capture
Feb. 18 By Valerie Volcovici The U.S. Environmental Protection Agency on Tuesday formally gave West Virginia authority to oversee carbon capture projects in the state, the fourth state granted such ability. The agency signed a final rule granting primary enforcement authority, known as primacy, to…
Exclusive-Airbus to Delay A350 Freighter Amid Supply Problems, Sources Say
Feb. 17 By Tim Hepher Airbus is poised to delay the entry into service of a freighter version of its A350 jet by up to a year following production and supply chain delays, two industry sources said. The delay could be announced as early as…