'Alligator Alcatraz' Can Continue Operating, Appeals Court Says

Soros Fueling Opposition To Texas Data Center Expansion: Report A new investigation has connected Wall Street billionaire and Democrat megadonor George Soros to a national progressive network of activist groups opposing data center expansion in Texas. The Dallas Express reported that Open Society Foundations, founded and funded by Soros, has provided more than $7.6 million to the national Indivisible Project since 2017, including a two-year $3 million grant in 2023. Indivisible Centex, the local Bell County chapter of the national Indivisible network, has been active in opposing data center projects in...

Futures, Global Markets Rise With US Markets Closed For President's Day Stocks gained, bitcoin tumbled and bonds steadied after Friday's cool CPI data reinforced expectations that the Fed will cut interest rates on multiple occasions this year. With US markets closed for the Presidents’ Day holiday and mainland China’s markets closed for Lunar New Year holidays, trading was muted on Monday. As of 9:00am ET, futures on the S&P 500 added 0.4% and Europe’s Stoxx 600 index rose 0.4% as banking shares rebounded from a sharp decline last week. German bunds and Treasury futures were steady after US...

"Now Taking Reservations For 2031 Delivery": GE Vernova Gas Turbine Backlog Climbs To 116 GW By Brian Martucci of UtilityDive GE Vernova posted double-digit revenue and order growth in the second quarter, driven once again by continued strong performance in its Power and Electrification business segments. Those segments, respectively, produce and service gas, hydro and nuclear power generation equipment; and commercial electrical equipment such as transformers and switchgears. GE Vernova’s beleaguered third segment, Wind, saw orders fall sharply amid persistent softness in U.S. demand for onshore wind turbines and blades. “We remain focused...