Business

Abbott gives thinly veiled warning over climate change policy shift

Abbott gives thinly veiled warning over climate change policy shift

Fairfax Media has been told the Finkel review will focus on four key outcomes: how to deliver energy security, reliability, affordability for households and business, and meet Australia's emissions reductions targets. The Liberals needed to be the party of cheap power, and let the Labor party be the ones who send prices up. Gas-fired generation and coal-fired power stations that are fitted with carbon capture and storage technology (CCS), as well as renew??ables, would receive a subsidy ...


Google parent Alphabet sells Boston Dynamics to Japan's Softbank

Google parent Alphabet sells Boston Dynamics to Japan's Softbank

In SoftBank's announcement, the company said that its acquisition of Boston Dynamics "aligns with SoftBank's investments in paradigm-shifting technologies and its vision of catalyzing the next wave of smart robotics". SoftBank is one of the companies behind Pepper , which has been billed as the world's first robot capable of reading human emotions. "We look forward to working with SoftBank in our mission to push the boundaries of what advanced robots can do".



House passes bill gutting Dodd-Frank rules governing Wall Street

The House passed the Financial Choice Act along party lines by a vote of 233 to 186, reports Xinhua news agency. Republicans criticize the Dodd-Frank regulations as the primary driver for anemic economic growth in the USA and for enshrining too-big-to-fail, which they say paves the way for future taxpayer bailouts of the country's biggest banks.



President Trump talks end of terrorism in latest tweets

In his statement, Comey wrote about a February 14 meeting alone with the president in the Oval Office in which Trump allegedly told Comey he wanted to talk about former national security adviser Michael Flynn , who had resigned the day before.



NGL Energy Partners LP (NGL) Shares Down 3.5% After Insider Selling

It has outperformed by 7.46% the S&P500. Enbridge Energy Partners, L.P. presently has a consensus rating of "Buy" and an average target price of $22.36. NGL Energy Partners had a net margin of 0.69% and a return on equity of 3.18%. Brookfield Asset Management Inc. now owns 2,026,750 shares of the pipeline company's stock valued at $51,540,000 after buying an additional 1,237,900 shares during the period.


NCGA Applauds Trump for Prioritizing Infrastructure

NCGA Applauds Trump for Prioritizing Infrastructure

Trump also acknowledged the presence of Kentucky Gov. Matt Bevin and his family. Instead, Democrats are panning Trump's proposed $1 trillion overhaul and even Republicans are balking at some aspects of the emerging plan. Chances for infrastructure legislation may be dim, too, given the poisonous atmosphere in Washington as an undisciplined president courts controversy over Twitter and an angry liberal base goads Democratic lawmakers to battle him at every turn.