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Tag: powers
At least one dead as Hurricane Beryl powers through Caribbean
Hurricane Beryl strengthened to Category 5 status late on Monday after it ripped doors, windows and roofs off homes across the southeastern Caribbean with devastating winds and storm surge fuelled by the Atlantic’s record warmth. Beryl made landfall on the island of Carriacou in Grenada as the earliest Category 4 storm in the Atlantic, then […]
With a Senator Questioning Plug Power’s Government Loan, Is This an Opportunity to Buy the Stock?
Shares of Plug Power (NASDAQ: PLUG) surged in May after the company announced that it had received a conditional commitment for a $1.66 billion loan from the U.S. Department of Energy (DOE). However, the stock is now well below where it was before the announcement, and one U.S. senator has called the loan into question. […]
SCOTUS cuts back on federal agency powers, opens the door for strict punishments for homeless populations
SPRINGFIELD, Ill. (NEXSTAR) — In a massive ruling, the conservative majority on the supreme court overturned what is known as the chevron deference. The decision kneecaps federal agencies and their ability to regulate industry. The chevron deference, first established by the supreme court in the 80’s, gave federal agencies the power to interpret laws if […]
US Supreme Court curbs federal agency powers, overturning 1984 precedent
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court dealt a major blow to federal regulatory power on Friday by overturning a 1984 precedent that had given deference to government agencies in interpreting laws they administer, handing a defeat to President Joe Biden’s administration. The justices ruled 6-3 in favor of fishing companies that […]
Could there be a November legislative session to curb winner’s powers?
Welcome to the governor’s race edition of our Under the Dome politics newsletter. I’m Dawn Vaughan, The News & Observer’s state Capitol bureau chief. The general election is Nov. 5, when North Carolina voters decide if they want Democratic Attorney General Josh Stein or Republican Lt. Gov. Mark Robinson to be the state’s next governor. […]
Government watchdogs will lose some ethics oversight powers under bill DeSantis signed
Gov. Ron DeSantis quietly approved new restrictions Friday on how watchdog commissions can investigate state and local officials for suspected public corruption and ethical violations, even as local officials say the move will likely result in less government oversight of elected officials. Under the new law, state and local ethics panels will be allowed to […]
Taiwan Lawmakers Vote to Expand Their Powers, Defying President
(Bloomberg) — Taiwan lawmakers again voted to expand their powers to summon public officials, defying both protesters and President Lai Ching-te, who is now expected to ask the Constitutional Court to review the changes and suspend their implementation. Most Read from Bloomberg Around 1,000 protesters gathered outside the legislature during the vote. Organizers set up […]
Italy divided by plan to grant more powers to its regions
ROME (Reuters) – The Italian parliament approved a contested reform granting regions more powers after a stormy all-night sitting, an overhaul critics say will worsen the historic divide between the country’s wealthy north and poorer south. Championed by the League party in the coalition government, the lower house passed the reform early on Wednesday after […]
Ukraine summit ends without support from key powers for peace communique
Insights from Foreign Affairs and Responsible Statecraft The News Ukrainian President Volodymyr Zelenskyy declared last weekend’s inaugural peace summit in Switzerland a success, but several key global powers, including China, India, Brazil, and Saudi Arabia, did not sign the agreement reached by a majority of participants that Russia’s war in Ukraine must end with a […]
Broadcom soars as demand for AI chips powers forecast raise
By Arsheeya Bajwa (Reuters) – Broadcom surged about 15% on Thursday as its upbeat annual forecast highlighted insatiable demand for chips used in powering AI-focused technology, while its announcement of a stock split added to the euphoria. The rising adoption of generative AI has been driving demand for companies such as Broadcom that provide chips […]
G7 summit opens with deal to use Russian assets for Ukraine as EU’s traditional powers recalibrate
BARI, Italy (AP) — A Group of Seven summit is opening Thursday with agreement on a U.S. proposal to back a $50 billion loan to Ukraine using frozen Russian assets as collateral, giving Kyiv a strong show of support even as Europe’s political chessboard shifts to the right. Diplomats confirmed that an agreement had been […]