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(Bloomberg) -- Hundreds of thousands of Californians are once again facing the prospect of a deliberate blackout as utility giant PG&E Corp. tries to keep its power lines from igniting catastrophic wildfires.Forecasts for strong and dry winds has the San Francisco-based power company considering a shutoff to about 201,000 homes and businesses this week. People in 16 Northern California counties may go dark on Wednesday and Thursday, the company said.The threat of widespread shutoffs is hitting just two weeks after PG&E and Edison International’s Los Angeles area utility carried out the biggest planned blackout in California history, plunging more than 2 million people into darkness, halting traffic lights and forcing businesses to shut across the Bay Area. The outage drew outrage from customers and state officials who accused PG&E of cutting service to more customers than necessary and failing to properly communicate its plans.“More and more of our service area is...
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. President Donald Trump said China has indicated that negotiations over an initial trade deal are advancing, raising expectations the nations’ leaders could sign an agreement at a meeting next month in Chile.“They have started the buying,” Trump said Monday during a Cabinet meeting at the White House, referring to Chinese purchases of U.S. agriculture products that the president has pushed for as part of a deal. “I want more,” he added.Earlier Monday, Commerce Secretary Wilbur Ross said that it was more important to get details of the agreement right than it was for Trump to sign it at an expected meeting with Chinese President Xi Jinping next month in Chile.Stocks in Asia gained Tuesday after U.S. equities advanced as positive signs emerged on trade talks and ahead of earnings from some of...
Investing.com - Oil prices turned lower on Tuesday in Asia despite signs of easing tensions between China and the U.S., the world’s biggest oil importers....
Q3 2019 Lennox International Inc Earnings Call...
Graham Kerr has been the CEO of South32 Limited (ASX:S32) since 2014. This report will, first, examine the CEO......
(Bloomberg) -- Rio Tinto Group is starting pilot production of lithium in California and will consider an expansion to become the top domestic supplier in the U.S. as the world’s biggest miners look to boost their exposure to the electric car battery revolution.Work to reprocess waste piles from a 90-year-old mining site in Boron has successfully produced lithium carbonate -- needed in rechargeable batteries for electric vehicles and consumer technology -- and efforts are now focused on improving quality and lifting volumes, Rio said Tuesday in an emailed statement.Rio is the first top diversified miner to add lithium output to its portfolio and comes ahead of a looming decision on development of its mine project in Serbia that analysts estimate could account for about 5% of world demand. Demand for lithium will advance about eight-fold to 2030 as EV adoption increases and the battery sector expands, BloombergNEF said in a July...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will......
