It’s not completely bad news that Nvidia fell

It’s not completely bad news that Nvidia fell

A view of NVIDIA headquarters in Santa Clara of Silicon Valley, California, United States on August 28, 2024.  Tayfun Coskun | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Water crisis in Mississippi capital developed during failures in oversight, watchdog says

Water crisis in Mississippi capital developed during failures in oversight, watchdog says

JACKSON, Miss. — JACKSON, Miss. (AP) — “Layers of inadequate oversight and enforcement” by state and federal agencies contributed to a water crisis in Mississippi’s capital city that left tens of thousands of people without safe drinking water for weeks in 2021 and 2022, a watchdog agency says. The Mississippi State Department of Health did … Read more

Record breaking summer heat waves prompt higher home cooling costs

Record breaking summer heat waves prompt higher home cooling costs

Visitors walk during a long-duration heat wave impacting much of California on July 9 in Death Valley National Park, California.  Mario Tama | Getty Images News | Getty Images Amid surging summer heat, the earth reached a new hottest day on record on July 22. That day, the global average temperature was almost 63 degrees … Read more

U.S. states with the best infrastructure: Georgia, Arizona, Virginia

U.S. states with the best infrastructure: Georgia, Arizona, Virginia

With hundreds of billions of dollars in new federal infrastructure spending under the Bipartisan Infrastructure Law, the CHIPS and Science Act and the Inflation Reduction Act, companies are eager to cash in. And states are scrambling for their piece of the pie. “We have funding that goes to projects that come from every state, city, … Read more

U.S. states with worst infrastructure: Alaska, Maine, New Hampshire

U.S. states with worst infrastructure: Alaska, Maine, New Hampshire

Not since the New Deal has the U.S. government poured this kind of money into rebuilding America’s infrastructure. Companies and states are clamoring for their piece of that federal jackpot. That helps explain why infrastructure is the major topic of conversation in economic development circles this year, and why it also looms large in CNBC’s … Read more

Failure to meet surging energy demand will jeopardize economic growth, utility execs warn

Failure to meet surging energy demand will jeopardize economic growth, utility execs warn

The sun sets behind power lines near homes during a heat wave in Los Angeles, Sept. 6, 2022. Patrick T. Fallon | Afp | Getty Images The largest utility companies in the U.S. are warning that the nation is facing a surge of electricity demand unlike anything seen in decades, and failure to rapidly increase … Read more

Heat waves make power cutoffs new climate change crisis for utilities

Heat waves make power cutoffs new climate change crisis for utilities

A window air conditioner unit is seen on the side of an apartment building in Arlington, Virginia, July 10, 2023.  Saul Loeb | Afp | Getty Images If you are in Virginia sweltering and falling behind on your utility bill, you will have additional options to keep the air conditioner humming, but not until July … Read more

Con Edison taps Evergy’s Kirk Andrews as new CFO

Con Edison taps Evergy’s Kirk Andrews as new CFO

Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Evergy Chief Financial Officer Kirk Andrews will replace Consolidated Edison‘s current CFO Robert Hoglund, who plans to retire on July 8, the companies announced Monday. Andrews has been CFO of the Midwest utility company since 2021. Evergy said Geoffrey Ley, vice president, corporate planning and … Read more

Technical Breakout Stocks: How to trade JSW Infrastructure, Coromandel International & Power Finance Corporation on Thursday

Technical Breakout Stocks: How to trade JSW Infrastructure, Coromandel International & Power Finance Corporation on Thursday

The Indian market closed in the red for the fourth straight session on Wednesday, tracking muted global cues. The S&P BSE Sensex fell over 600 points while the Nifty50 was down 183 points to close at 22,704. Sectorally, buying was seen in utilities, power, healthcare, and telecom stocks while IT, oil & gas and banks … Read more

EPA warns of increasing cyberattacks on water systems, urges utilities to take immediate action

EPA warns of increasing cyberattacks on water systems, urges utilities to take immediate action

WASHINGTON — Cyberattacks against water utilities across the country are becoming more frequent and more severe, the Environmental Protection Agency warned Monday as it issued an enforcement alert urging water systems to take immediate actions to protect the nation’s drinking water. About 70% of utilities inspected by federal officials over the last year violated standards … Read more