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Homeowners Face Eminent Domain Bulldozers As Data Centers Demand Ever More Power
Homeowners Face Eminent Domain Bulldozers As Data Centers Demand Ever More Power
Georgia Power isn’t negotiating anymore. The Southern Company subsidiary is seizing dozens of homes and hundreds of easements across Coweta and Fayette counties to ram through a 35-mile, 500-kilovolt transmission line that will feed at least four massive AI data centers. Project Wansley is just the latest flashpoint in a backlash that has been building for months.
QTS Data Center in Fayetteville, Georgia
At least 20 to 30 homes face outright demolition. Another 300-plus properties will get permanent easements for...
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Aug 6, 2026 / Tyler Durden
Celsius Shares Crash As Revenue Misses Estimates
Celsius Shares Crash As Revenue Misses Estimates
Celsius Holdings, the Florida-based beverage company with a portfolio of some of America's top-performing energy drinks, reported weaker-than-expected second-quarter results, as revenue, adjusted earnings, and profitability missed Wall Street estimates.
Second-quarter adjusted earnings fell to 36 cents per share from 47 cents a year earlier, below the 41-cent Bloomberg Consensus estimate. Revenue increased 11% to $817.9 million but missed the $872.6 million estimate, with North American sales of $790.7 million also falling short.
Profitability deteriorated despite sales growth. Gross margin narrowed to 48.1% from...
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Aug 13, 2026 / Tyler Durden
Supreme Court Sets November Arguments In Religious Liberty, Prison Medical Care, And Agency Power Cases
Supreme Court Sets November Arguments In Religious Liberty, Prison Medical Care, And Agency Power Cases
Authored by Matthew Vadum via The Epoch Times,
The Supreme Court on Aug. 11 scheduled oral arguments for November in three high-stakes cases involving a religious liberty challenge to Colorado's preschool funding rules, a lawsuit over inadequate prison medical care, and a separation of powers dispute involving Labor Department penalties.
The Supreme Court in Washington on July 13, 2026. Madalina Kilroy/The Epoch Times
The court said in a new scheduling notice that on Nov. 3 it will hear...
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Aug 3, 2026 / Tyler Durden
"That Was The Era Of The Kospi Mania": Korean Retail Traders Vow Not To Buy After Historic Rout
"That Was The Era Of The Kospi Mania": Korean Retail Traders Vow Not To Buy After Historic Rout
By Youkyung Lee, Bloomberg Markets Live reporter and strategist
South Korea’s retail traders have long built a reputation for embracing risk. Yet July’s punishing reversal in the Kospi has rattled even this battle-hardened cohort, exposing the limits of their tolerance for volatility.
Some, like Kim Han-kyung, a Seoul resident in her late 30s, have resolved never to invest again, while others are comparing the $3.9 trillion market to a casino. Retail investors sold a record...
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