Utility Financial News

A former employee is suing to force a Mississippi utility to repay $382 million to the federal government

Financial authorities continue to tip stablecoins as a pathway to better cross-border payments but a new report shows that regulations, competition, and network scale pose threats to wider adoption.

A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.

The key question facing the crypto industry is what the real utility of cryptocurrency is, according to Wall Street Journal columnist Jon Sindreu.

Cryptocurrency platform Launchpad XYZ has successfully raised $1,817,432 in its ongoing crypto presale as of today. The platform is dedicated to providing an intuitive and user-friendly experience for newcomers, with a focus on alpha trading signals.

Supreme Court has held that a condition imposed by the Government that the land owner should handover a part of land free of cost for public utility purposes in return of the permission granted for converting the nature of the use of the land cannot be held illegal. The top court remark came while setting aside a Bombay High Court judgement. «It can be noticed that this Court in the case of Narayanrao Jagobaji Gowande Public Trust vs State of Maharashtra and others7 has held that if a Government gives the benefit of development of land concerned with permission to sub-divide the same and uses it for commercial purpose and it, in turn, requires the landowner to handover part of land free of cost for public utility purpose, such a clause cannot be held to be illegal. As such, we find that the High Court has grossly erred in allowing the writ petitions,» the top court said citing its earlier judgement. «We, therefore, allow the appeals and quash and set aside the impugned common judgment and order dated 4th July 2019 passed by the High Court.

Crypto traders are asking if the Bitcoin price can pump to $30,000, but new crypto presale Bitcoin Minetrix is grabbing the headlines with its revolutionary no-fuss, no-rigs, low-cost stake-to-mine token.

Leading digital money project eCash (XEC) has exploded +18% over the last 48-hours, as excitement for On-Chain staking upgrade grows amongst the eCash army - but is it too late to buy eCash?

If Jigar Shah doesn’t do his job correctly, the company with the second-highest number of fast-charging electric vehicle plugs could lose money or EV owners could have to pay more to fill up

Bitcoin hard-fork project Bitcoin SV (BSV) continues to be embroiled in a tight-fought struggle with the 20DMA as price action pushes down following death cross, rejection could spell disaster - is Bitcoin SV going to zero?

With a constant rise in high-quality digital content demand, companies are increasingly seeking effective tools to streamline the content creation process. One such effort is the development of WriteMingle, a new software application that incorporates artificial intelligence to assist in content strategy and management. 

Pakistani traders have staged strikes across the country against the soaring cost of living, including higher fuel and utility bills and record depreciation of the rupee against the dollar

The CEO of one of Germany’s last nuclear power producers has cautioned against the idea of a non-nuclear country such as Australia adopting nuclear power, pointing to the cost overruns and delays plaguing new nuclear plants around the world.

Shares of Hawaiian Electric Company’s parent fell more than 18% by market close Friday, one day after the utility was sued by Maui County over the fires that devastated Lahaina

Investing.com -- Shares in Hawaiian Electric Industries (NYSE:HE) shed more than a sixth of their value in premarket U.S. trading on Friday after the company said that it would halt its dividend in the face of scrutiny over its role in the deadly Maui wildfires earlier this month.

A federal judge has ordered Mississippi’s largest electric utility to turn over information on customers in and around the capital city who might be using water without paying for it

Investing.com -- Shares in Hawaiian Electric (NYSE:HE) surged in early U.S. trading on Friday, paring back some recent losses, after the utility said that its goal is not to restructure the company.

Web3 represents the new age of internet technology where everything is decentralized. Unlike traditional internet services where a few companies control data, Web3 allows people to own and control their data. 

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A utility company in Ohio says it's being investigated by a state office focused on organized crime in connection with payments to the state’s former House speaker and a top utility regulator

By Nichola Groom and Valerie Volcovici