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Court leaves PG&E with sole right to submit bankruptcy plan

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FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage (Reuters) – A federal judge on Friday allowed PG&E Corp to retain the sole rights to propose a plan to exit bankruptcy, as he rejected efforts by investors to put forward competing Read More

Trump intervention triggered EPA’s surprise biofuel waiver decision -sources

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WASHINGTON (Reuters) – A phone call from U.S. President Donald Trump last week ended a nearly two-month-long review of the nation’s biofuels program, three sources familiar with the matter said, with the White House siding in favor of oil refiners over corn growers. FILE PHOTO: A biodiesel (gasoil) vehicle is seen at Dogpatch Biofuels filling Read More

Trump intervention triggered EPA’s surprise biofuel waiver decision: sources

13 hours ago DieselGasoil Comments Off on Trump intervention triggered EPA’s surprise biofuel waiver decision: sources
WASHINGTON (Reuters) – A phone call from U.S. President Donald Trump last week ended a nearly two-month-long review of the nation’s biofuels program, three sources familiar with the matter said, with the White House siding in favor of oil refiners over corn growers. FILE PHOTO – A biodiesel (gasoil) vehicle is seen at Dogpatch Biofuels Read More

Facebook failed to warn users of known risks before 2018 breach: court filing

1 day ago DieselGasoil Comments Off on Facebook failed to warn users of known risks before 2018 breach: court filing
(Reuters) – Facebook (FB.O) users suing the world’s largest social media network over a 2018 data breach say it failed to warn them about risks tied to its single sign-on tool, even though it protected its employees, a court filing on Thursday showed. FILE PHOTO: A Facebook logo on an Ipad is reflected among source Read More

Apple says it supports 2.4 million U.S. jobs

1 day ago DieselGasoil Comments Off on Apple says it supports 2.4 million U.S. jobs
FILE PHOTO: A demonstration of the newly released Apple products is seen following the product launch event at the Steve Jobs Theater in Cupertino, California, U.S. September 12, 2018. REUTERS/Stephen Lam (Reuters) – Apple Inc said on Wednesday it was either directly or indirectly responsible for 2.4 million U.S. jobs, up 20% from the 2 Read More

American, Southwest Airlines bump more passengers after 737 MAX grounding

1 day ago DieselGasoil Comments Off on American, Southwest Airlines bump more passengers after 737 MAX grounding
WASHINGTON (Reuters) – American Airlines Group Inc (AAL.O) and Southwest Airlines Co (LUV.N) are bumping thousands of passengers off airplanes after their Boeing 737 MAX fleet’s was grounded in mid-March following two fatal crashes. FILE PHOTO: An American Airlines Boeing 737 Max 8, on a flight from Miami to New York City, comes in for Read More

J.C. Penney shares surge as loss halves, sales still falling

1 day ago DieselGasoil Comments Off on J.C. Penney shares surge as loss halves, sales still falling
(Reuters) – J.C. Penney Co Inc (JCP.N) posted a smaller-than-expected quarterly loss on Thursday, as the struggling department store operator’s efforts to cut costs and shutter unprofitable businesses paid off, sending its shares up 12%. FILE PHOTO: Levi’s men clothing is pictured inside a JC Penney store in Oceanside, California, U.S., July 31, 2019. REUTERS/Mike Read More

Green energy has a plethora of failures

1 day ago DieselGasoil Comments Off on Green energy has a plethora of failures
By Will Wade on 8/15/2019 NEW YORK (Bloomberg Markets) –It must have seemed like a good idea at the time. The annals of green energy are filled with people who devised “brilliant solutions” to vexing problems, delivering more power for less money, making things cleaner, easier, and better. Some became rich and famous in the Read More