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Here Come The Cancellations: Brookfield-Backed Compass Pulls Out From Major Northern Virginia Data Center Project
Here Come The Cancellations: Brookfield-Backed Compass Pulls Out From Major Northern Virginia Data Center Project
Compass Datacenters has decided to withdraw from its plan to develop a major data-center corridor in Northern Virginia after spending years pursuing approvals and investing tens of millions of dollars, according to Bloomberg.
The company ultimately concluded the project wasn’t feasible due to mounting legal challenges, stricter regulations, and weakening political support, particularly around tax incentives.
This move highlights a broader shift in how communities and policymakers are responding to data-center projects. Local residents have increasingly raised...
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Sep 15, 2026 / Dave DeCamp
Two Children Reported Killed by US-Backed Saudi Airstrikes in Yemen
Saudi airstrikes in Yemen’s southwestern Taiz province killed three civilians, including two children, according to Anees al-Asbahi, spokesman for the Health Ministry within the Ansar Allah-led Yemeni government. Al-Asbahi said another two people were wounded by the strikes, which he said hit the districts of Dhubab and Maqbanah in Taiz. He didn’t specify what was […]
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Jul 3, 2026 / Tyler Durden
Saudi Delegation Makes Unexpected Appearance In Tehran For Start Of Ayatollah's Funeral
Saudi Delegation Makes Unexpected Appearance In Tehran For Start Of Ayatollah's Funeral
Friday and Saturday kick off what will be up to a week of solemn funeral observances for slain Iranian Supreme Leader Ayatollah Ali Khamenei - a major historic event which is expected to draw some 15 to 20 million mourners in Tehran and across Iranian cities.
Iran on Thursday issued a warning to the United States and Israel, Reuters reported:
"We warn the enemies of Iran, especially the U.S. and the Zionist regime (Israel), to avoid any miscalculation and to think about the...
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Feb 27, 2026 / Tyler Durden
Surging Services Costs Spark Unexpected Surge In US Producer Prices In January
Surging Services Costs Spark Unexpected Surge In US Producer Prices In January
US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December's +3.0%)...
Source: Bloomberg
Under the hood, we see a surge in Services costs (not tariff related) dominated the rise in PPI (while Energy saw deflation)
Final demand services: The index for final demand services advanced 0.8% in January, the largest...
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