Suspected US Drone Strike Kills Alleged al-Qaeda Member in Southeast Yemen

Blue Owl Stock Slides After Moody's Cuts Outlook To "Negative" On Surging Redemption Requests Blue Owl stocks is getting slammed this morning, erasing all early gains, after Moody's Ratings cut its outlook on a $36-billion Blue Owl non-traded fund to "negative" from "stable" on Tuesday, citing redemption requests that were significantly higher than at peers in the first quarter. Moody's also said the change in the outlook on Blue Owl Credit Income Corp (OCIC) is ​due to the majority of the redemption requests coming from a very limited number of investors,...

Friday morning’s attacks by Israel on Lebanon killed so many people they ended up postponing the US-Iran peace deal signing in Geneva, and the US and Qatar scrambled to announce Israel had agreed to yet another “ceasefire” with Hezbollah. The problem underpinning this was that Israel had already agreed to multiple ceasefires, and there was […]

Energy Department Orders PJM To Dispatch Units, Backup Power Through Mid-October Authored by Kimberly Hayek via The Epoch Times, The U.S. Department of Energy on Oct. 12 issued an emergency order directing PJM Interconnection, the largest U.S. grid operator, to dispatch specified generating units and order their operation as needed to maintain reliability. The emergency order, Order No. 202-26-50, also authorizes PJM to direct backup generation resources ahead of declaring an Energy Emergency Alert 3 or during one. PJM may call on its transmission owners and electric distribution companies to carry out...