Supreme Court backs energy conservation program for wholesale markets
The Supreme Court, by a 6-2 vote, upheld a federal demand response plan under FERC authority that pays large electricity users to reduce demand during peak periods. The ruling preserves a program credited with lowering costs and pollution while facing state-retail power rights challenges.
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Analysts weigh peak iPhone risk as Apple faces slowing growth
Apple faces a potential turning point after reports of strong 2015 iPhone sales yet signs of a first quarter decline in 2016. Analysts warn that innovation may be maturing while other products seek traction, with September models and possible spring updates eyed to revive growth.
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