Tag: Utilities
Judge approves emergency plan to keep Britain’s largest water company afloat
LONDON -- A judge approved an emergency plan Tuesday to keep Britain’s largest water company afloat, averting the possibility of a temporary government...
Board rejects rate increase to help restructure debt of Puerto Rico power company
SAN JUAN, Puerto Rico -- The executive director of a federal control board that oversees Puerto Rico’s finances said that it is “impossible”...
So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
RICHMOND, Va. -- The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald...
UK's biggest water company seeks court approval for emergency funding to prevent nationalization
LONDON -- LONDON (AP) — Thames Water, which serves 16 million customers in and around London, is seeking court approval for up to...
Exxon Mobil's strong fourth quarter fueled by rising production
Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in...
Constellation buying Calpine in $26.6 billion deal that would join two huge US power companies
Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the country's biggest power companies.The acquisition...