First Pacific Ocean Wind Energy Auction Racks up $757 Million in Winning Bids
The first U.S. wind auction for development rights in the Pacific...
The first U.S. wind auction for development rights in the Pacific Ocean attracted more than $757 million in winning bids on Dec. 7 as developers looked to enter deepwater offshore California.
Provisional winners of the five wind lease areas, totaling nearly 373,270 acres offshore central and northern California, were RWE Offshore Wind Holdings, California North Floating, Equinor Wind US, Central California Offshore Wind and Invenergy California Offshore Wind.
Alexandria Ocasio-Cortez being investigated by House ethics panel
Rep. Alexandria Ocasio-Cortez is under investigation by the House Ethics Committee, the panel said in...
Rep. Alexandria Ocasio-Cortez is under investigation by the House Ethics Committee, the panel said in a statement on Wednesday, without disclosing the reason for the probe.
The ethics panel said in a brief statement that a matter regarding the New York Democrat had been transmitted to it by the Office of Congressional Ethics on June 23, 2022, and that the panel is extending its review.
The committee said it would announce its course of action on the matter in the next congressional session, which begins in January.
Twenty-five people suspected of plotting to overthrow...
Twenty-five people suspected of plotting to overthrow the German government were arrested early yesterday in raids involving thousands of officers across Germany. More than two dozen others are being investigated in relation to the scheme.
The arrests come amid a surge in antistate activity in Germany, partly in response to pandemic restrictions, including a failed attempt to storm parliament in 2020. Earlier this year, German officials announced they would disarm 1,500 extremists as part of a crackdown on domestic threats.
Benchmark U.S. crude oil for January delivery fell $2.24 to $72.01 a barrel Wednesday. Brent crudefor February delivery fell $2.18 to $77.17 a barrel.
Wholesale gasoline for January delivery fell 7 cents to $2.08 a gallon. January heating oilfell 14 cents to $2.78 a gallon. January natural gasrose 25 cents to $5.72 per 1,000 cubic feet.
S&P 500 ends lower for fifth day, longest losing streak since October
U.S. stocks closed mostly lower Wednesday, with the S&P 500...
U.S. stocks closed mostly lower Wednesday, with the S&P 500 falling a fifth straight day as investors continued fearing a recession could be triggered by the Federal Reserve's aggressive interest rate hikes as it fights high inflation. The Dow Jones Industrial Average DJIA, closed about flat, while the S&P 500 SPX fell 0.2% and the Nasdaq Composite COMP, dropped 0.5%, preliminary data from FactSet show. The S&P 500 finished with its longest losing streak since October 12, according to Dow Jones Market Data. Of the S&P 500's 11 sectors, only healthcare, consumer staples, and real estate finished with gains.
