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Several States Contest Federal Orders Keeping Coal-Fired Power Plants Open
Several States Contest Federal Orders Keeping Coal-Fired Power Plants Open
Authored by John Haughey via The Epoch Times (emphasis ours),
A three-judge federal appeals panel is expected to issue a decision by year’s end on a lawsuit challenging Energy Secretary Chris Wright’s May 2025 emergency order that prevented a Michigan utility from closing a 64-year-old coal-fired power plant.
The R.M. Schahfer Generating Station’s two-coal fired electricity generators in Wheatfield, Indiana, built in 1983 and 1986, were scheduled to close on Dec. 31, 2025, but remain operating under emergency orders issued by Energy...
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Aug 6, 2026 / Tyler Durden
Initial Jobless Claims Remain Near 57-Year Lows
Initial Jobless Claims Remain Near 57-Year Lows
The number of Americans filing for unemployment benefits for the first time held below 200k again last week...
...basically hovering at its lowest since 1969...
Continuing jobless claims ticked up, just above 1.8 million Americans...
After ADP's disappointing job additions, it appears the 'low hire, no fire' economy is entrenched.
Will tomorrow's payrolls print confirm that?
Tyler Durden
Thu, 08/06/2026 - 08:40
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Jan 20, 2023 / Sundar Pichai
Letter from Google CEO to Employees: 12,000 jobs to be cut
Googlers,
I have some difficult news to share. We’ve decided to reduce our workforce by approximately 12,000 roles. We’ve already sent a separate email to employees in the US who are affected. In other countries, this process will take longer due to local laws and practices.
This will mean saying goodbye to some incredibly talented people we worked hard to hire and have loved working with. I’m deeply sorry for that. The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here.
Oct 7, 2026 / Tyler Durden
Standard Chartered Says Hormuz Oil Flows Are Far From Normal
Standard Chartered Says Hormuz Oil Flows Are Far From Normal
Authored by Alex Kimani via OilPrice.com,
Gulf oil exports rebounded to roughly 16.5 million bpd in September, near pre-war levels, despite only 60% of those barrels crossing Hormuz versus 83% before the war.
Exporters have adapted through pipelines, bypass ports and extensive ship-to-ship transfers, but the system is more expensive, inefficient and increasingly stretched, with elevated freight and security costs.
Iran’s ability to choke off regional oil exports has weakened, while its own seaborne crude exports have fallen from around 1.7 million...
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