In a development that marks the first nascence of U.S. offshore wind industry even as US President Joe Biden has pledged to support a clean energy and climate change agenda that will create millions of good-paying union jobs, Vineyard Wind… Read More ›
Massachusetts
Robinhood can continue challenging validity of new fiduciary rule, judge rules
A Massachusetts judge has rejected Robinhood’s bid to block state regulators from going ahead with enforcing their legal action on allegations that it encourages inexperienced investors to place risky trades without limits. In a ruling Suffolk County Superior Court Judge… Read More ›
Bidden Administration reverses Trump Administration’s energy policy: set to restart permission for first major offshore wind farm
In a significant development that sees a reversal of U.S. energy policy, the Biden Administration stated it would restart permitting for the first major U.S. offshore wind farm. The development reverses a Trump administration decision that canceled the process in… Read More ›
TPH hires Morgan Stanley and JPMorgan Chase for potential sale of Astound
According to sources familiar with the matter at hand, private equity firm TPG is exploring the potential sale of Astound in a deal that could value the “owner of a U.S. network of regional cable TV and internet providers at… Read More ›
New York sues Exxon Mobil Corp for misleading investors on the risks posed by climate change
Cities across the U.S. as well as countries are suing oil companies for misleading investors for years on the risks posed by climate change on their businesses. The state of New York has sued Exxon Mobil Corp alleging that it… Read More ›
Thousands of jobs created as a result of green energy initiatives in Northeast U.S.: Study
Through the green initiatives, 9 U.S. Northeast States are reducing their carbon footprint and creating thousands of jobs in the clean energy market. As per the results of a study that was released on Tuesday, thousands of jobs have been… Read More ›
U.S. District Judge Valerie Caproni dismisses Exxon Mobil Corp’s lawsuit against NY and Massachusetts
In an interesting turn of events U.S. District Judge Valerie Caproni dismissed Exxon Mobil Corp’s lawsuit against the Attorney General of NY and Massachusetts on the grounds of Exxon’s arguments being “implausible”. In a setback to U.S oil giant Exxon… Read More ›