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Sep 01 2023
News
General Electric Co. stock underperforms Friday when compared to competitors
Shares of General Electric Co. GE, shed 0.19% to $114.24 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, rising 0.18% to 4,515.77 and the Dow Jones Industrial Average DJIA, rising 0.33% to 34,837.71. General Electric Co. closed $3.72 below its 52-week high ($117.96), which the company achieved on July 25th. The stock
MarketWatch
Aug 25 2023
News
ERCOT asks residents to continue to conserve electricity throughout weekend
AUSTIN (CBSNewsTexas.com) - The Electric Reliability Council of Texas (ERCOT) is again asking Texas residents and businesses to conserve electricity use to avoid entering "emergency conditions" amid extreme heat. On Friday, the organization said the low wind-power generation and high demand is continuing to lower the reserve. If safe to do so, ERCOT is asking residents to conserve electricity
CBS News (Online)
Aug 25 2023
News
Maui County sues Hawaiian Electric over wildfire negligence
Maui County is suing energy firm Hawaiian Electric, saying it failed to turn off electric equipment before wildfires started on the island.
If power lines had been switched off during exceptionally high winds and dry conditions, the destruction could have been avoided, the lawsuit said.
The Lahaina fire killed 115 and more than 1,000 people are still missing..
The company
BBC News
Sep 18 2023
News
Electric air taxi company Joby Aviation announces factory in Dayton, Ohio, to kickstart 'new era' in flying
Electric air taxi company Joby Aviation, Inc. on Monday announced that it plans to create up to 2,000 jobs by building its first scaled manufacturing facility in Dayton, Ohio, in a move Ohio Gov. Mike DeWine says will "launch a new era in aviation manufacturing and aerial mobility." Joby Aviation, which is developing electric vertical takeoff and landing aircraft for commercial passenger
Fox Business
Aug 29 2023
News
General Electric Co. stock rises Tuesday, still underperforms market
Shares of General Electric Co. GE, rallied 1.20% to $115.33 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, rising 1.45% to 4,497.63 and the Dow Jones Industrial Average DJIA, rising 0.85% to 34,852.67. This was the stock's third consecutive day of gains. General Electric Co. closed $2.63 short of its 52-week high ($117.96
MarketWatch
Aug 28 2023
News
New Mississippi factory produces its first electric-powered truck
A new electric car factory in northwest Mississippi has produced its first vehicle, and California-based Mullen Automotive is celebrating the fresh investment in the Mid-South’s growing EV industry. Mullen’s plant employs 61 people in Tunica — a community mainly known for agriculture and casino gambling — who are primarily making a Class 3 commercial truck, the Mullen 3, which was introduced
Magnolia State Live
Aug 26 2023
News
ERCOT asks for Texans to conserve electricity use for 3rd day
AUSTIN (KXAN) — Texas’ electric grid operator said it expects “tight grid conditions” Saturday and is asking Texans to reduce energy use from 3 p.m. to 9 p.m. The Electric Reliability Council of Texas, or ERCOT, said operating reserves are expected to be low Saturday afternoon and evening because of low wind generation, potentially low solar generation and high demand. This is the third
KXAN News
Aug 25 2023
News
Hawaiian Electric Shares Tumble Premarket Amid Wildfire Woes >HE
Shares of Hawaiian Electric Industries slid more than 20% in premarket trading Friday, as fallout from the Maui wildfires continues to weigh on the utility holding company. After the closing bell Thursday, Hawaiian Electric said it was suspending its dividend among other moves to shore up its finances in the wake of the fires, which Maui County alleges in a lawsuit were caused by the Honolulu-
MarketWatch
Aug 24 2023
News
Maui County sues electric company for negligence over Lahaina wildfires
Maui County filed a Thursday against Hawaiian Electric for its role in the devastating Lahaina wildfires. The suit claimed the utility company was negligent by not turning off their electrical equipment despite extreme weather conditions. The lawsuit, filed in the Second Circuit Court in Hawaii, claimed the electric company failed “to properly maintain and repair the electric transmission
Washington Examiner