House Speaker Michael Madigan discusses electric rates legislation during a rare “Committee of the Whole” joint session of the General Assembly in 2007. | Seth Perlman/AP file Among Illinois’ last remaining old-school Machine bosses, Michael Madigan saw an abrupt end
Tag: Electric
Scandal-battered utility now faces specter of pricy lawsuits
CLEVELAND — Ohio’s largest electric utility, its reputation battered by scandal, has been besieged by more than a dozen lawsuits filed by angry shareholders who include some of the country’s biggest institutional investors. And, if history is a guide, FirstEnergy
Notre Dame looks to keep it on the ground against Alabama
“We’re cognizant of the fact that this is an electric offense that scores bushels and bushels of points,” Notre Dame coach Brian Kelly said of Alabama. “Our offense has traditionally been a ball-control offense. We can’t come into this game
Asian stocks dip as investors curb vaccine enthusiasm
© Reuters. FILE PHOTO: Pedestrians wearing facial masks are reflected on an electric board showing stock prices outside a brokerage at a business district in Tokyo By David Henry NEW YORK (Reuters) – Asian stocks came under pressure on Tuesday
With green battery standards, EU seeks a competitive edge
© Reuters. FILE PHOTO: An electric car is charged from an Iberdrola electric car charging station in central Bilbao By Kate Abnett BRUSSELS (Reuters) – Electric car and industrial batteries sold in Europe will soon face legally binding environmental standards,
Joby Aviation takes over Uber’s air taxi business, Elevate
By Tina Bellon and Uday Sampath Kumar (Reuters) -Joby Aviation, an electric passenger aircraft developer, said on Tuesday it would take over Uber Technologies (NYSE:) Inc’s flying taxi unit, Elevate, the second cash-burning business the ride-hailing company has sold off
Consumers’ lawyer seeks refunds as FirstEnergy ratings fall
The lawyer for FirstEnergy’s 1.8 million residential electric customers in Ohio stepped in Wednesday to try to assure they get refunds should legislators or the courts halt charges the company was expecting from a now-tainted nuclear bailout bill By JULIE
Bentley says it will make only electric cars by 2030
Bentley says it will exclusively make electric cars a decade from now as it tries to jolt its business by going green. The shift means the British brand will stop producing the roaring 12-cylinder gasoline engines that have made it
Desmond Howard’s Heisman Moment inspired a million impressions | ESPN College Football
Desmond Howard’s electric 1991 season with the Michigan Wolverines made him a star and earned him overwhelming support for the Heisman Trophy. But it was when he struck the "Heisman pose" in the end zone against the Ohio State Buckeyes
Power cut to 117,000 customers as California faces fire risk
Pacific Gas & Electric cut power Sunday to more than 100,000 California customers and planned outages for many more to prevent the chance of sparking wildfires because of extreme fire weather. More than 1 million people could be affected by
Power cut to thousands as California braces for fire risk
Pacific Gas & Electric started cutting power Sunday to tens of thousands of California residents and planned outages for many more to prevent the chance of sparking wildfires because of extreme fire weather By OLGA R. RODRIGUEZ and AMY TAXIN
Utility cuts power to 26,500 Californians over wildfire risk
Pacific Gas & Electric started cutting power Sunday to tens of thousands of customers in Northern California and planned outages for many more to prevent the chance of sparking wildfires due to extreme fire weather. The nation’s largest utility said
California utility may cut power to 1 million people
Pacific Gas & Electric says it may cut power to some 1 million people this weekend in central and Northern California, which could see the most dangerous fire weather of the season ByThe Associated Press October 24, 2020, 1:48 PM
California utility cuts power to 1 million over fire threat
Pacific Gas & Electric says it will cut power to some 1 million people this weekend in central and Northern California, which could see the most dangerous fire weather of the season ByThe Associated Press October 24, 2020, 5:10 AM
AP Exclusive: Utility lacked basic training before blackouts
SAN FRANCISCO — When Pacific Gas & Electric cut power to large swaths of wildfire-prone Northern California last fall, few of the emergency personnel managing the blackouts for the nation’s largest utility had learned the fundamentals of managing an emergency
Citing Risk of Wildfires, Utility Plans to Cut Off Power to 50,000 in California
Pacific Gas and Electric Company said Wednesday that it would shut off power to more than 50,000 Northern California customers because of high winds and low humidity that could lead to “catastrophic wildfires.” The first phase of the “de-energization” plan
Facing new fire threat, PG&E cuts power to tens of thousands
Pacific Gas & Electric began turning off power to more than 50,000 Northern California customers Wednesday evening as dry, windy conditions renewed the threat of fire in a season already marked by deadly, devastating blazes. The utility announced that it
California fire investigators seize utility equipment
Pacific Gas & Electric is reporting that fire investigators have seized some of its equipment as they investigate the cause of a Northern California wildfire that killed four people last month ByThe Associated Press October 9, 2020, 11:44 PM •
SEC tells GE it is considering a civil action tied to accounting probe
General Electric said Tuesday it received a Wells notice, saying that the Securities and Exchange Commission staff is considering recommending a civil action against the company for possible violations of securities laws. The industrial conglomerate said the issues the regulator
Elon Musk Promises to Make a $25,000 Tesla (in 3 Years)
Tesla is working on cheaper, more powerful batteries for its electric cars, but many of the required innovations are still works in progress, its chief executive, Elon Musk, said Tuesday at a much anticipated presentation at the company’s California factory.
Nikola founder Trevor Milton deletes Twitter account amid fraud claims
Nikola founder Trevor Milton has not only walked away from his electric truck company, he’s abandoned his Twitter account as well. The former chief executive of the Tesla challenger — who stepped down from his post Monday amid a storm
Detailing Kyle Lowry’s leadership in Game 6 vs. the Celtics | The Jump
Rachel Nichols delivers a monologue detailing Toronto Raptors PG Kyle Lowry’s electric performance against the Boston Celtics in Game 6. Richard Jefferson and Paul Pierce also join in on the conversation and share their level of confidence that the Celtics
Volkswagen’s new electric car panned by German auto magazine
The newest electric car from Volkswagen has been critically panned by a German auto magazine, which said the vehicle fell short of the world’s largest automaker’s usual standards. In addition to sub-par fit and finish, with “Auto Motor und Sport”
Uber promises every vehicle will be electric by 2040
Uber on Tuesday said every vehicle on its global ride-hailing platform will be electric by 2040, and it vowed to contribute $800 million through 2025 to help drivers switch to battery-powered vehicles, including discounts for vehicles bought or leased from
Tesla stock drops 15 percent after S&P 500 snub
Tesla’s supercharged stock rally may have finally run out of juice. Shares of the electric automaker — which have increased fivefold since the beginning of the year — were down more than 15 percent Tuesday morning as investors reacted to
Looking to Buy a Used Car in the Pandemic? So Is Everyone Else
Used cars are usually overlooked in the fanfare accorded to cutting-edge electric cars and gussied-up pickup trucks. Now they are suddenly the industry’s hottest commodity. Consumers are snapping up used vehicles as second or third cars so they can avoid
Electric car warning signals as Denmark calculates cost of switch
© Reuters. COPENHAGEN (Reuters) – A rapid switch from to electric cars to meet Denmark’s ambitious climate targets will leave a massive gap in its finances, a government commission said on Monday. Moving to electric vehicles from those powered by
Amazon orders 1,800 Mercedes-Benz electric vans for European deliveries
Amazon.com Inc said on Friday it had ordered 1,800 electric vans from Mercedes-Benz for its European delivery fleet, as part of the online retailer’s plans to run a carbon neutral business by 2040. A majority of the electric vehicles from
China’s EV maker Nio launches battery leasing service
© Reuters. FILE PHOTO: NIO ES8 electric SUVs are seen displayed at the second media day for the Shanghai auto show BEIJING/SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Nio Inc (N:) has launched a battery leasing service which will
Asian stocks at seven-month highs after Wall Street cracks more records
© Reuters. A man walks past an electric screen showing Japan’s Nikkei and Shanghai Stock Exchange markets’ indices outside a brokerage in Tokyo By Swati Pandey and Chibuike Oguh SYDNEY (Reuters) – Asian shares climbed to a seven-month peak on