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DOE FY27 Budget Requests $45 Billion in Nuclear Funding

DOE FY27 Budget Requests $45 Billion in Nuclear Funding The White House fiscal year 2027 budget proposal has requested almost $54 billion for the Department of Energy in fiscal year 2027, with almost 80% of that funding going towards nuclear energy and nuclear deterrent programs. The funding request represents a nearly $5 billion increase from 2026 levels. Outside of the $32.8 billion in funding requested for the National Nuclear Security Administration (NNSA), the Trump admin cites a $2.7 billion reduction in funding requests achieved by “slashing Green New Scam initiatives and...
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Feb 27, 2026 / Tyler Durden
Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag"
Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag" Nike has reported declining quarterly sales in China, where demand remains under pressure from mounting macroeconomic headwinds, and the brand continues to lose market share to newer competitors. This weakness has dented the shoemaker's broader turnaround efforts and suggests a much-needed reset in the Chinese market. The stock is down 65% from its 2021 peak and is now trading at 2017 levels, as investors hope management will accelerate a turnaround plan to reverse this devastating multi-year bear market....
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Apr 30, 2026 / Tyler Durden
Berlin And Hamburg Spend At Least €4 Billion On Housing Asylum Seekers Since 2022
Berlin And Hamburg Spend At Least €4 Billion On Housing Asylum Seekers Since 2022 Via Remix News, Two German cities, Berlin and Hamburg, have spent at least €4 billion to house migrants since 2022, with the cost of hotels proving to be especially high. In Hamburg, the cost to house asylum seekers alone has amounted to €597 million. In 2025 alone, the costs of hotel accommodation and meals for asylum seekers in Hamburg was €160 million, which does not include security and administrative costs. However, that is just for hotels. It costs Hamburg...
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Jul 30, 2026 / Tyler Durden
UK Regulator Targets Data-Center Land-Grab On The Power Grid
UK Regulator Targets Data-Center Land-Grab On The Power Grid Authored by Tsvetana Paraskova via OilPrice.com, Britain’s energy regulator, Ofgem, on Wednesday launched a consultation on a proposed commitment fee for data center projects as part of broad reforms to ensure network capacity is used for projects that are ready and able to connect. The proposal includes a new Data Centre Commitment Fee, which would be paid by large data center developments when accepting a connection offer, Ofgem said in a statement. The fee would be refunded when the project reaches grid connection status and forfeited...
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