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News & Updates
November 22, 2017 Nebraska State Regulators Approve Keystone XL Pipeline, Or Did They?Source: Forbes
The long delayed Keystone XL Pipeline project came a step closer to becoming a reality this week after the Nebraska Public Service Commission voted to approve the line, albeit with a strange twist. The commission failed to adopt...
November 22, 2017 Germany clings to coal at climate summitSource: Das Welt
At the UN climate conference in Bonn, an alliance of 20 countries pledged to rapidly phase out coal in the coming years. Germany has not joined the group — although the reasons for abandoning coal seem to be oiling up.
November 21, 2017 Yellen, denied second term as Fed chair, announces resignationSource: Politico
Federal Reserve chief Janet Yellen said Monday she will leave the central bank once her term as chair ends in February, wrapping up a pivotal tenure in which the Fed began to reverse its extraordinary, decadelong support for the...
November 21, 2017 How decades of bad decisions broke GESource: CNN Money
General Electric has been a piston of the American economic engine for 125 years. It pioneered the light bulb and the jet engine. It survived the Great Depression, the dot-com crash and the 2008 financial meltdown.
DUBAI - Kingdom Holding’s plan to borrow money to fund new investments has stalled because owner Prince Alwaleed bin Talal has been detained in Saudi Arabia’s anti-corruption crackdown, according to four banking sources familiar...
November 21, 2017 U.S. to sue to stop AT&T from buying Time Warner: sourceSource: Reuters
WASHINGTON - The U.S. Department of Justice will file a lawsuit aimed at blocking AT&T Inc’s (T.N) $85.4 billion acquisition of Time Warner Inc (TWX.N), a source familiar with the matter told Reuters on Monday.
November 21, 2017 Nebraska clears path for Keystone XL pipeline, in boost for TrumpSource: Reuters
LINCOLN, Neb./CALGARY, Alberta (Reuters) - Nebraska regulators approved a route for TransCanada Corp’s (TRP.TO) Keystone XL pipeline through the state on Monday, lifting the last big regulatory obstacle for the long-delayed...
November 21, 2017 Amsterdam, Paris win post-Brexit EU agencies in lucky dipSource: Reuters
BRUSSELS - Amsterdam and Paris won the right to host two EU agencies that must leave London because of Brexit after an extraordinary ministerial meeting in Brussels that left both results decided by drawing lots from a fishbowl.
November 20, 2017 Socially responsible investing no longer a fadSource: Minneapolis Star Tribune
So when President Donald Trump announced the U.S. withdrawal from the Paris climate accord, some observers predicted slowing in the growth of investments guided by environmental, social and governance (ESG ... State Street ...
November 20, 2017 Millennials are set to be the most unequal generation yetSource: Quartz
In an economic climate where the top 1% own half the world’s wealth, a new analysis by Credit Suisse suggests that millennials in several advanced economies are likely going to face the worst income inequality of any generation...
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