Dominion Energy – the Virginia firm which, along with Duke Energy, is fighting to resume construction on the $7.8 billion Atlantic Coast Pipeline – plans to take its case all the way to the Supreme Court. Calling the regulatory process for the ACP “very frustrating,” Dominion Energy CEO Tom Farrell says the company is not backing down from the project as planned, which, if built, will pump fracked natural gas from West Virginia, through Virginia and into North Carolina. But environmentalists – represented in court by the Southern Environmental Law Center – don't plan to back down either.
It’s possible that I shall make an ass of myself. But in that case one can always get out of it with a little dialectic. I have, of course, so worded my proposition as to be right either way (K.Marx, Letter to F.Engels on the Indian Mutiny)
Wednesday, May 08, 2019
Hundreds of teachers in Oregon are planning a statewide walkout on Wednesday to rally for more education funding -- following a lead taken by tens of thousands of other educators nationwide.
UPI.COM
Hundreds of teachers in Oregon are planning a statewide walkout on Wednesday to rally for more education funding -- following a lead taken by tens of thousands of other educators nationwide.
Siemens Carves Out Energy Unit and Cuts 10,000 Jobs in Massive Overhaul
Siemens AG outlined a plan to separate its struggling power and gas division and said it would cut 10,000 jobs, a watershed moment in Chief Executive Officer Joe Kaeser's drive to dismantle the company's cumbersome conglomerate structure. The shares surged the most in a year after the German corporate icon said earnings from its main industrial business rose 7 percent to 2.41 billion euros ($2.7 billion), excluding some items. That beat an average analyst estimate of 2.23 billion euros compiled by Bloomberg.
Uber Drivers Protest Across the U.K. and U.S. But $9 Billion IPO Rides On
Uber (UBER) and Lyft (LYFT) drivers went on strike during rush hour Wednesday morning, staging protests in cities around the world to demand higher wages and benefits. The
'Drivers built them their empires': union leader on Uber ahead of its IPO
Simmering tensions between drivers and ride-hailing companies are flaring again, as drivers in major cities across the U.S. and the U.K. went on strike Wednesday over low wages and unstable working conditions. Billed as an international protest in advance of Uber Technologies Inc. s planned initial public offering this week, drivers in London and nearby cities said they would turn off their apps at 7 a.m
Uber (UBER) and Lyft (LYFT) drivers went on strike during rush hour Wednesday morning, staging protests in cities around the world to demand higher wages and benefits. The
'Drivers built them their empires': union leader on Uber ahead of its IPO
Simmering tensions between drivers and ride-hailing companies are flaring again, as drivers in major cities across the U.S. and the U.K. went on strike Wednesday over low wages and unstable working conditions. Billed as an international protest in advance of Uber Technologies Inc. s planned initial public offering this week, drivers in London and nearby cities said they would turn off their apps at 7 a.m
Uber drivers protest around the world ahead of the company's $90 billion IPO
Breakingviews - Uber’s losses are nothing like young Amazon’s
(Reuters Breakingviews) - Uber Technologies is no Amazon.com. Some of the ride-hailing firm’s boosters have pushed a comparison with the e-commerce giant in roadshow meetings for the company’s imminent initial public offering, according to news reports. The idea is that hefty losses now are laying the foundation for a future profit juggernaut. Instead of the income statement, though, investors should look at cash flow numbers.
Breakingviews - Uber’s losses are nothing like young Amazon’s
(Reuters Breakingviews) - Uber Technologies is no Amazon.com. Some of the ride-hailing firm’s boosters have pushed a comparison with the e-commerce giant in roadshow meetings for the company’s imminent initial public offering, according to news reports. The idea is that hefty losses now are laying the foundation for a future profit juggernaut. Instead of the income statement, though, investors should look at cash flow numbers.
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