Industry

SunZia Wind Project Starts Commercial Operations, Becomes U.S.'s Largest Wind Farm

SunZia’s 3,650 MW wind project in New Mexico began commercial operations, paired with a 550-mile HVDC line to send about 3,000 MW to western markets.

#wind, #renewable-energy, #new-mexico, #transmission

Unions Score Late-May Wins Across REI, Netflix Animation, Seattle Hospitals, Nevada State Offices and Weyerhaeuser

In late May, workers won votes and contracts across retail, entertainment, health care, public sector and timber — from REI to Netflix Animation.

#labor, #unions, #organizing, #contracts

ECB to Send 'Dear CEO' Letter Urging Banks to Bolster Operational Resilience as AI Use Grows

ECB will send a sector-wide 'dear CEO' letter urging banks to strengthen operational resilience as AI adoption rises and cyber risks intensify.

#ecb, #banking, #ai, #cybersecurity, #dora

SEC Proposes Rescinding 2024 Climate-Disclosure Rule, Opens Public Comment

The SEC proposed on May 29 to rescind its 2024 climate-disclosure rule, shifting the fight from court defense to rulemaking and public comment.

#sec, #climate, #disclosure, #rulemaking

FTC Sues Amare Global, Accusing Supplement Seller of False Mental‑Health Claims for Children and Deceptive Earnings Promises

FTC sued Amare Global and three individuals, alleging the MLM falsely promoted supplements as treating depression, anxiety and ADHD in children and misled recruits about earnings.

#ftc, #supplements, #mlm, #consumerprotection

FTC to Allow Ascension’s $3.9 Billion Acquisition of AmSurg Only After Sale of Seven Surgery Centers

FTC will let Ascension buy AmSurg only if it sells seven ambulatory surgery centers across five U.S. metro areas to preserve local competition.

#antitrust, #healthcare, #ascension, #amsurg, #ftc

STB Accepts Revised Union Pacific–Norfolk Southern Merger Filing, Holds Review in Abeyance

STB accepted Union Pacific and Norfolk Southern’s revised merger filing for consideration but put the review and environmental study on hold, seeking more info by July 27.

$UNP, $NSC, #rail, #merger, #transportation, #stb

Massachusetts Certifies App Drivers Union, Giving 70,000 Uber and Lyft Drivers the Right to Bargain

Massachusetts has certified the App Drivers Union as the statewide bargaining representative for about 70,000 Uber and Lyft drivers under a 2024 law.

#labor, #rideshare, #uber, #lyft, #massachusetts

Former Hodlnaut CEO Charged in Singapore Over Alleged False Claims About UST Losses

Singapore police charged ex-Hodlnaut CEO Zhu Juntao with six fraud counts, accusing him of misleading users about the company’s TerraUSD exposure after UST’s 2022 collapse.

#hodlnaut, #terraust, #crypto, #fraud

New York Hotel Workers, Employers Reach Tentative 8-Year Deal With Record Wage Gains

A tentative eight-year contract for roughly 25,000–27,000 New York hotel workers would boost wages, add paid parental leave, AI protections and housing funds.

#labor, #hotels, #newyork, #union, #wages

34 State Attorneys General Ask Court to Break Up Live Nation and Ticketmaster

A bipartisan coalition of 34 state attorneys general asks a federal judge to force Live Nation to divest Ticketmaster and select amphitheaters.

$LYV, #antitrust, #livenation, #ticketmaster, #law

U.S., Boeing and Lockheed Set Seven-Year Plan to Triple PAC-3 Seeker Production

U.S., Boeing and Lockheed set a seven-year framework to triple PAC-3 MSE seeker production, easing a key supply-chain bottleneck for Patriot interceptors.

$BA, $LMT, #defense, #patriot, #boeing, #lockheed

Warren Challenges OCC Over Crypto National Trust Charters

Sen. Elizabeth Warren requested OCC charter applications and legal analyses, arguing crypto trust charters let firms perform bank-like activities beyond legal limits.

$COIN, #crypto, #occ, #regulation, #elizabethwarren

GAO: DOE Nuclear Cleanup Office Lost One-Third of Staff Since FY2023, Now Faces 45% Vacancy Rate

GAO finds Energy Department’s cleanup office lost a third of federal staff since FY2023, leaving about 45% vacancies in mission-critical cleanup roles.

#doe, #nuclearwaste, #workforce, #environmentalcleanup, #gaoreport

Federal Reserve Terminates 2023 Cease-and-Desist Order on UBS and Credit Suisse

The Federal Reserve terminated its July 2023 cease-and-desist order related to the Archegos losses, closing a public enforcement case involving UBS and Credit Suisse.

$UBS, #creditsuisse, #ubs, #federalreserve, #archegos