Tag Archives: industry

WASHINGTON (AP) — The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry. Funding for projects in 11 states was rescinded, including $435 million for a floating wind farm in Northern California and $47 million to boost an offshore …

Google says it is starting a cyber “disruption unit,” a development that arrives in a potentially shifting U.S. landscape toward more offensive-oriented approaches in cyberspace. But the contours of that larger shift are still unclear, and whether or to what extent it’s even possible. While there’s some momentum in policymaking and industry circles to put a greater emphasis on more …

Man plans, god laughs — only in this case, god is a tiny bug with a really sharp sword. Hollow Knight: Silksong comes out Sept. 4, marking the conclusion of a years-long hype cycle. It comes with just two weeks of advance notice. Already, no less than five games have shifted their planned release dates out of next week, some …

There’s been an uptick in chatter about the PS6 of late, as various hardware specifications have purportedly leaked and Sony has started to openly acknowledge the existence of its next-gen console. This has sparked intense debate within the gaming community, with some arguing it’s too early for new hardware. On a traditional cycle, consoles are typically replaced after six or …

Shares in Ørsted hit an all-time low on Monday after the Trump administration ordered Europe’s largest wind power company to stop work on a near complete windfarm. Ørsted’s shares plunged 17%, after it was forced to stop construction on its $1.5bn (£741m) Revolution Wind project off the coast of Rhode Island. The order to down tools came despite the fact …

A new man-made crystal that can “breathe” oxygen may be a game changer for energy efficiency and the clean energy transition. The material is made from an oxide of strontium, iron, and cobalt, and when heated in a simple gas environment, the thin film crystal has been observed to release and then reabsorb oxygen, much like a human lung. Moreover, …

The last sugar beet factory in California is closing after almost 80 years in business.  The Spreckels Sugar Company factory in Brawley in the Imperial Valley has already begun the closure process that will soon lead to the loss of 700 local jobs.  The Southern Minnesota Beet Sugar Cooperative, which owns and runs the factory, said it could no longer …

Private Equity Is Headed for Your 401(k). The Industry Is Celebrating. Should You?  Barron’s Is Cryptocurrency Already Hiding in Your Retirement Account?  Morningstar Trump’s 401(k) expansion fuels ethereum boom  Fox Business Why Gen X investors should keep crypto out of their 401(k) plans  Fast Company Press Release: Daines and Colleagues Call on DOL to Enhance Investment Options for American Workers and Retirees  Quiver Quantitative Source …

Trump Halts Orsted Wind Project in Another Blow to Industry  Bloomberg.com Trump Administration Orders Work Halted on Wind Farm That Is Nearly Built  The New York Times US orders Orsted to halt offshore wind project, deepening industry woes  Reuters Trump administration orders Revolution Wind to halt work on offshore wind project  WJAR Trump administration halts construction of Revolution Wind project off RI  The Providence Journal …

South Park has joined the conversation around the pending marijuana rescheduling proposal that President Donald Trump says he’ll be deciding on within weeks—poking fun at the president by suggesting that he might accept a deal to change federal cannabis laws if flattered with gifts and the promise of “mutually beneficial” rewards. The Comedy Central show has been pushing the envelope …