U.S. Announces Largest Energy Saving Standard for Commercial HVAC
The Energy Department unveiled a landmark rule raising efficiency for commercial air conditioners and furnaces. It aims to save about 167 billion dollars in business costs and cut carbon dioxide emissions by 885 million tons over the standard’s lifetime, aided by a consensus process with industry and environmental groups.
MENTIONED IN THIS ARTICLE
Energy Department
America
Ernest Moniz
Secretary of Energy
Department
Moniz
Terry Johnston
Lennox International
Johnston
Lennox
Steve Nadel
American Council
U.S
Macy
Obama
Shkreli Arrest Draws Capitol Hill Attention and Debate
The arrest of Martin Shkreli sparks bipartisan criticism over drug pricing and industry conduct. Prominent figures call the move deserved. Shkreli defends profits and vows pricing logic while Turing cuts Daraprim charges briefly before reversing. Capers avoids detail on seizure. Shkreli’s KaloBios stake and Wu-Tang album purchase noted.
MENTIONED IN THIS ARTICLE
Capitol Hill
Shkreli
America
Biotech
Hillary Clinton
Donald Trump
Bernie Sanders
Forbes
Turing
Robert Weissman
Public Citizen
al Capone
Weissman
Capers
KaloBios Pharmaceuticals
Gold futures tumble after Federal Reserve rate hike
The Federal Reserve raised rates by a quarter point in a unanimous decision fueling a stronger dollar and pushing gold to a five year low. Gold futures for February delivery fell 2.5 percent to $1,049.60 an ounce on the Comex in New York.
MENTIONED IN THIS ARTICLE
Federal Reserve
U.S. Central Bank
Fed
Janet Yellen
James Cordier
Optionsellers.com
Tampa
Fla
Comex
New York
Pandora
Oracle
Europe
Japan
U.S
Brent
London
Canadian Pacific pushes bid despite NS hurdles
Canadian Pacific sweetened its 27 billion dollar cash and stock offer for Norfolk Southern and plans to present it to shareholders after NS board rejected earlier proposals. UP notes significant regulatory hurdles and potential job and investment impacts, while CP cites Chicago congestion relief as a public interest objective.
MENTIONED IN THIS ARTICLE
Canadian Pacific
Norfolk Southern
Union Pacific
Omaha
U.S. Railroad
Chicago
Canada
U.S. East Coast
Hunter Harrison
Surface Transportation Board
Illinois
Harrison
North America
Energy markets slip as demand falters and metals drop
Weak winter heating demand and soft industrial use drag commodity prices. Gold and silver decline, copper falls, mining stocks retreat while utilities edge higher. Solar credits extend into 2019 lifting SolarCity and Sunrun. Fed rate path tightens dollar, bonds rise, Brent, wholesale gas advance.
MENTIONED IN THIS ARTICLE
Newmont Mining
Freeport-McMoRan
Duke Energy
Ameren Corp
Congress
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FedEx
Pandora Media
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Emmalina Jones
Nathan Emery
Allison and
Ethan
Lauren and
Annalyn Banni
Mia Vandemark
Lexi Vandemark
Olivia Kneisel
Evan Kneisel
Elyria
Rich Wyatt
Brandon Davis
Michael
David Martin
Barb Messaros
Samantha Gottschling
Erin Sweeten
Gabby Peloquin
Julia Davis
Klee Koepp
Spencer Godschling
Vanessa Purdey