Tax credits for clean energy and home-energy efficiency would still be phased out, albeit less quickly, under Senate Republicans’ latest proposed changes to a massive tax bill. Electric-vehicle incentives and other similar provisions would be reduced more rapidly. Senate Republicans cast their version of the bill as less damaging to the clean-energy industry than the [...]
American Electric Power last week announced leadership changes, including the naming of former Xcel Energy Executive Vice President and Chief Legal and Compliance Officer Rob Berntsen to the role of executive vice president. General Counsel and former Cox Communications Senior Vice President and Chief Information Officer Johannes Eckert was named to the role of executive [...]
WASHINGTON (AP) — The Environmental Protection Agency told a federal appeals court it will reconsider the Biden administration’s ban on the last type of asbestos used in the United States to determine whether it went “beyond what is necessary.” Asbestos is linked to tens of thousands of deaths annually and causes mesothelioma as well as [...]
Amazon CEO Andy Jassy anticipates generative artificial intelligence will reduce its corporate workforce in the next few years as the online giant begins to increase its usage of the technology. “We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,” Jassy said [...]
WASHINGTON (AP) — The Senate passed legislation last week that would regulate a form of cryptocurrency known as stablecoins, the first of what the industry hopes will be a wave of bills to bolster its legitimacy and reassure consumers. The legislation, which passed by a 68-30 vote and will be sent to the House for [...]
WASHINGTON (AP) — The Supreme Court last week restarted plans to temporarily store nuclear waste at sites in rural Texas and New Mexico. The justices, by a 6-3 vote, reversed a federal appeals court ruling that invalidated the license granted by the Nuclear Regulatory Commission to a private company for the facility in southwest Texas. [...]
WASHINGTON (AP) — The number of Americans applying for unemployment benefits dipped to 245,000, hovering at historically low levels, the Labor Department said. Jobless claims ticked down from 250,000 the week before, the level at which economists had expected claims to remain during the latest period. The four-week average of claims, which smooths out week-to-week [...]
The attorneys general of Ohio and 48 other states, the District of Columbia and five United States territories have signed on to a $7.4 billion settlement with Purdue Pharma and its owners, the Sackler family, Ohio Attorney General Dave Yost announced this week. Now that the state sign-on period has concluded, local governments nationwide will [...]
COLUMBUS (AP) — A former Columbus doctor who was fired before being found not guilty on murder charges in the deaths of 14 patients lost a defamation lawsuit against his former employers this week, after a judge stepped in for a jury on grounds the evidence presented by the defendants was incontrovertible. Franklin County Common [...]