Energy
Power outage disrupts final day of Cannes Film Festival, police investigate possible arson
People pose on the Croisette next to an installation of a Palme d’Or symbol during the 78th Cannes Film Festival in Cannes, France, on May 24, 2025. Benoit Tessier | Reuters A major power outage struck southeastern France on Saturday morning, disrupting traffic and briefly halting events at the Cannes Film Festival as the prestigious […]
Read More
How the U.S. clean energy boom could go bust if Trump’s ‘big, beautiful bill’ becomes law
Solar power CEOs believed the billions of dollars that they invested in Republican congressional districts would ultimately shield their industry from President Donald Trump’s threats to end federal support for renewable energy. But they may have been disastrously wrong. The tax bill that House Republicans passed this week is a “worse than feared scenario” for […]
Read More
At Trump’s $148 million meme coin dinner, ‘the food sucked’ and security was lax
Crypto investor and $TRUMP token holder, Nicholas Pinto, attends gala dinner for contest winners. Nicholas Pinto The price of President Donald Trump’s meme coin plunged 16% as of Friday morning, just hours after he hosted a black-tie gala at his Virginia golf club for its biggest buyers — an elite crowd that spent a combined […]
Read More
Nuclear stocks rally as Trump signs executive orders to support industry
Cooling towers are seen at the nuclear-powered Vogtle Electric Generating Plant in Waynesboro, Georgia, on Aug. 13, 2024. Megan Varner | Reuters Nuclear power stocks surged Friday after President Donald Trump signed executive orders to overhaul the Nuclear Regulatory Commission and speed the deployment of new reactors in the U.S. Advanced reactor companies Oklo and […]
Read More
Bye-bye buybacks? Big Oil’s record-breaking shareholder payouts are under threat
Oil prices held near two-week highs in early trading on Wednesday, supported by an agreement between the U.S. and China to temporarily lower their reciprocal tariffs and a falling U.S. dollar. Imaginima | E+ | Getty Images A protracted slump in crude prices has ramped up the pressure on Big Oil’s commitment to allocate cash […]
Read More
Top $TRUMP holders head to crypto dinner with president that Democrats call ‘orgy of corruption’
Jonathan Raa | Nurphoto | Getty Images Nick Pinto is a marketing director at his family’s law firm in New Jersey. He’s also a crypto trader who spent enough money on Donald Trump’s meme coin to win a spot at a private black-tie dinner with the president scheduled for Thursday night. “I was kind of […]
Read More
Kraken opening digital tokens of Apple, Tesla and Nvidia to people outside the U.S.
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken, a crypto exchange that has spent years in court battling charges brought by the U.S. Securities and Exchange Commission over its digital asset offerings, is preparing to offer tokenized securities, including shares of Apple, Tesla, and Nvidia, to […]
Read More
Russia’s struggling war economy might be what finally drives Moscow to the negotiating table
Russian President Vladimir Putin tours an exhibition at the Central Museum of the Great Patriotic War on Poklonnaya Gora in Moscow, Russia, April 30, 2025. Alexander Kazakov | Via Reuters Russia has shown little appetite for peace negotiations with Ukraine, despite Moscow making a show of what war experts described as “performative ceasefires,” and a […]
Read More
Xpeng shares rise, adding to 66% rally after the Chinese EV maker’s losses narrowed
An Xpeng booth at the 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Xpeng shares jumped as much as 6% in premarket trading in New York, after the Chinese electric vehicle upstart reported first quarter earnings that were ahead of expectations. The […]
Read More
Elon Musk says AI could run into power capacity issues by middle of next year
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC Elon Musk said Tuesday that artificial intelligence development could run into power generation problems by the middle of next year, as the technology industry builds increasingly large data centers. Musk told CNBC in an interview that his artificial intelligence startup xAI is planning […]
Read More