Tuesday, September 17, 2024
Energy
Gas-Export Hub Is Magnet for Hurricanes
Cameron Parish in Louisiana, a major hub for U.S. LNG exports, continues to be hit by hurricanes, impacting the local community but leaving the fortified gas-export plants largely unharmed.
Tuesday, September 17, 2024
Hydrogen
Ammonia Draws Billions of Dollars From U.S., Big Oil
Ammonia, traditionally used in fertilizers, is gaining attention as a low-carbon energy source, attracting billions in investments from the U.S. government and major oil companies for projects that aim to capture and store carbon emissions, with significant recent investments in Indiana’s Wabash Valley Resources and projects on the Gulf Coast.
Thursday, September 19, 2024
Economy
Fed Goes Big With Half-Point Rate Cut
The Federal Reserve has reduced interest rates by half a percentage point, marking the first cut since 2020, as it shifts focus from combating inflation to sustaining labor market strength amid signs of economic cooling.
Friday, September 20, 2024
Technology
Clean Jet-Fuel Technology Excites Wall Street Financiers and Airlines
The startup Twelve has raised $645 million, reaching a valuation of over $1 billion, for its innovative "industrial photosynthesis" process that creates clean jet fuel, attracting significant interest from investors and airlines seeking low-emission alternatives to traditional fossil fuels.
Saturday/Sunday, September 21-22, 2024
AI
The Billionaire, Age 27, Powering the Boom in AI
Alexandr Wang, the 27-year-old founder of Scale AI, has become one of the youngest self-made billionaires by employing a vast network of gig workers for data labeling, crucial for training AI models, while his company continues to expand and adapt amid the AI industry's rapid growth.