Edison Financial News

After being gone for more than a century, Grover Cleveland is back in the news. Until last week he was the only president U.S. voters had thrown out of the White House and then, four years later, invited back in. But now they’ve done the same with Donald Trump

Subscribe to enjoy similar stories. A recent IBM survey of 2,000 executives on their expectations for artificial intelligence in 2030 revealed something noteworthy. They unsurprisingly predict that AI investment will surge (from already high levels) and that 79% expect AI will contribute significantly to their revenue.

The New York utility provider Con Edison has agreed to pay $750,000 and implement a series of anti-harassment reforms to settle a lawsuit over claims it discriminated against its female and nonwhite employees

Anil Thomas Gabriel, who was shot dead in Jordan on February 10, has demanded justice, insisting his son was not a terrorist but an Indian citizen. Anil's father, Gabriel Thomas, spoke to ANI, stating, «Anil Thomas called me after he landed in Jordan on February 7. When he left from here, he carried all the necessary documents, including his visa. He was not alone--his brother-in-law also travelled with him. Later, we were told that someone had been shot, but they couldn't find Anil Thomas. It was only later that we learned he had been killed.» Thomas continued, «We sent an email to the Indian Embassy, and when we received a response, we found out about his death. He was shot in the forehead. We demand justice. Why was my son shot? The government must investigate. As a father, it is my duty to fight for the truth. We have already submitted a petition to the MP. This incident happened in Jordan, not Israel. The embassy may say many things, but they were not there. There are eyewitnesses who saw what really happened--Thomas was shot while walking. The bullet hit the leg of the person accompanying him, but my son was shot in the forehead, which is unacceptable. My son was not a terrorist--he was an Indian citizen. If needed, they could have shot him in the leg, but they aimed to kill. This is an injustice, and the government must take action to ensure we get justice.»

A California utility says its equipment likely sparked a wildfire in Los Angeles that broke out the same day as two massive blazes in the area killed at least 29 people and destroyed thousands of homes

Subscribe to enjoy similar stories. An underappreciated force behind great technological change is intense—and petty—rivalry. In the “war of the currents" in the late 19th century, Thomas Edison electrocuted stray animals to discredit Nikola Tesla.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Hispanics vote for Kamala Harris if she gets the Democratic ticket for the US Presidential Election 2024? The fastest-growing group of voters has traditionally been the reliable supporters of the Democratic Party, but recent poll surveys have shown that their preferences are changing quickly and it may create problems for Kamala Harris. According to the 'Miami Herald', it is not a new problem for the party as US President Joe Biden too faced the problem of diminishing support among Hispanic voters, much before he announced to step aside. The onus to win back this big chunk of potential voters is on the vice president if she is nominated for the November polls.

Puerto Ricans have been hit with a 4.6% increase in electricity rates increase through September

The FOMO (fear of missing out) is absolutely palpable as the Kai Cat Coin presale nears an end Thursday and the Ethereum meme AI liquidity coin launches to Uniswap then other crypto exchanges. Laptop capitalists looking for 10x altcoin potential are aping into the cat meme coin together to round out their bags for Q3– because the meme coin sector is on fire this year.

electricity cleanly to address climate change has been quietly advancing and on Tuesday it hit a milestone. A California utility is backing the largest new geothermal power development in the US — 400 megawatts of clean electricity from the Earth's heat — enough for some 4,00,000 homes. Southern California Edison will purchase the electricity from Fervo Energy, a Houston-based geothermal company, Fervo announced. The company is drilling up to 125 wells in southwest Utah.

A crackdown on how California utilities spend customers' money has failed to pass the state Legislature

Amazon.com Inc.‘s Maple Valley, Washington, warehouse is built for speed. At night, big rigs pull up to one end to unload boxes and padded mailers – some after a short drive from a bigger warehouse down the road, others following a flight in the hold of a cargo plane. Waiting employees scan, sort and load them into rolling racks.

Warren Buffett made a fortune by investing in electric utilities in the western U.S. Now, the world’s best-known investor says wildfires might undermine that strategy. PacifiCorp, a utility company owned by Buffett’s Berkshire Hathaway, has incurred hundreds of millions of dollars in liability costs tied to a series of Oregon wildfires in 2020 and might owe hundreds of millions more.

A new proposal from California regulators would change how power companies calculate their customer's bills

Donald Trump both clinched their parties' nomination on Tuesday, kicking off the first U.S. presidential election rematch in nearly 70 years. According to Edison Research, Joe Biden passed the necessary 1,968 delegates on Tuesday night as the results of the Georgia primary contest started to come in.

By Alexandra Ulmer and Nathan Layne

By Gram Slattery

Southern California Edison will pay $80 million to settle claims on behalf of the U.S. Forest Service connected to a massive wildfire that destroyed more than a thousand homes and other structures in 2017