Industry

DOE Issues Conditional $17.5 Billion Loan Commitment to Support Up to 10 Westinghouse AP1000 Reactors

DOE has offered a conditional commitment of up to $17.5B to finance long‑lead equipment purchases for as many as 10 Westinghouse AP1000 reactors, aiming to speed builds.

#nuclear, #energy, #doe, #westinghouse

U.S. Reaches Consent Decree With Chemours Requiring Over $450 Million for PFAS Cleanup

DOJ, EPA and West Virginia settled with Chemours in a federal consent decree requiring more than $450M in penalties, controls and drinking-water measures for PFAS releases.

$CC, #pfas, #chemours, #doj, #environment

Kadokawa CEO Survives Shareholder Vote as Activist Oasis Becomes Largest Shareholder

Kadokawa CEO Takeshi Natsuno survived a shareholder vote, but activist Oasis raised its stake to become the largest shareholder and will keep pressing over FromSoftware profits.

$9468.T, #kadokawa, #fromsoftware, #eldenring, #shareholderactivism, #japan

Iceland to Join ECB’s Instant-Payments Platform, Bringing the króna to TIPS in 2028

The ECB and Iceland’s central bank agreed to add the króna to the Eurosystem’s instant-payments platform TIPS from 2028, extending multicurrency settlement.

#payments, #ecb, #iceland, #instantpayments

iRhythm Says Data Exfiltrated From Third‑Party Business Apps; Devices, Patient Care Unaffected

iRhythm reported that data was exfiltrated from third‑party business applications; its devices and clinical systems were not affected, and the investigation is ongoing.

$IRTC, #irhythm, #cybersecurity, #data-breach, #healthcare

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