Korea "Black Monday": Kospi Halted For 20 Minutes After Crashing Almost 10%

KKR And SK Launch South Korea's Largest Renewable Energy Platform By Tsvetana Paraskova of OilPrice.com Global investment firm KKR and South Korea’s industrial conglomerate SK Inc are launching the single biggest renewable energy platform in South Korea to help meet growing power demand from AI and chip manufacturing. KKR and SK Inc are creating the platform, valued at about $1.3 billion, or 2 trillion South Korean won, to combine 1.7 gigawatts (GW) of clean energy capacity in operation and a pipeline of projects in development that would boost the platform’s total capacity...

Trump Confirms Possible U.S. Takeover Of Spirit If 'Price Is Right' Summary: Trump Confirms possible U.S. Gov't takeover of Spirit  WSJ says the Trump administration's possible $500 million rescue deal could leave the U.S. government with 90% control. WSJ says Commerce Secretary Howard Lutnick is leading the effort in U.S.-Spirit talks. BBG reported earlier on a potential $500 million rescue loan for Spirit. News of a possible rescue loan for Spirit emerged last week. Polymarket:   US takes a stake in Spirit Airlines by May 31? Yes 36% · No 64%View full market & trade...

New California DMV Rules Allow Autonomous Vehicles To Be Cited Authored by Lear Zhou via The Epoch Times (emphasis ours), SAN FRANCISCO—Driverless vehicles such as Waymo robotaxis could be ticketed for moving violations, according to updated autonomous vehicle (AV) regulations approved by the California Department of Motor Vehicles (DMV) on April 28, to enhance safety, oversight, and enforcement requirements. Waymo driverless vehicles charge at a Waymo charging station in Santa Monica, Calif., on May 30, 2025. Daniel Cole/Reuters The new rules allow law enforcement agencies to cite the companies that own the AVs...