Tropical Storm Edouard roared ashore near Port Arthur, Texas, with 60 mph winds and has since dumped as much as 21 inches of rain on parts of southeast Texas, leaving more than 70,000 customers without power and forcing residents in several communities to seek higher ground. The National Hurricane Center confirmed that Edouard made landfall […] The post Tropical Depression Edouard knocks out power to 70,000 and triggers flash flood emergency across southeast Texas appeared first on American Almanac .
Tropical Storm Edouard roared ashore near Port Arthur, Texas, with 60 mph winds and has since dumped as much as 21 inches of rain on parts of southeast Texas, leaving more than 70,000 customers without power and forcing residents in several communities to seek higher ground. The National Hurricane Center confirmed that Edouard made landfall at 2:20 p.m. local time Tuesday near Johnson Bayou, Louisiana, roughly 15 miles south-southeast of Port Arthur. Maximum sustained winds hit 60 mph, and the storm's minimum central pressure measured 996 millibars. Port Arthur itself recorded a top wind gust of 90 mph, with two additional hurricane-force gusts, 74 mph or greater, measured in the surrounding area Tuesday afternoon. By 10 p.m. Tuesday,…Open
Technology that captures carbon emissions from power plants may finally get a breakthrough as deep-pocketed tech companies try to meet climate goals while powering the AI race. Why it matters: It could help make natural gas electricity cleaner, but it's long been too expensive. The AI boom could change that. Driving the news: At least five projects under consideration across the U.S. would capture carbon dioxide emissions from natural gas plants connected to data centers, according to company statements, news coverage and independent reports. - This includes Google's publicly touted project in Illinois, another one Google is reportedly behind in Nebraska, projects by ExxonMobil and Chevron and another by Meta that has the option to…
SpaceX is preparing to launch the largest IPO of all time — with expectations that it could raise more than all U.S. listings in 2024 and 2025. Why it matters: Wall Street is understandably giddy. But what it's about to pitch investors is unprecedented, and could impact how (or if) OpenAI and Anthropic go public later this year. Here are four ways this IPO is different from all others: 1. Size: SpaceX reportedly wants to raise around $75 billion at a $1.75 trillion valuation. - For context, the entire U.S. IPO market only raised more money in two of the past 10 years. - It also will seek to become the first company to ever go public at a valuation of $1 trillion or more, with hopes of immediately being worth more than Walmart, Exxon…
Havana Docks Corporation v. Royal Caribbean Cruises and Exxon Mobil v. Corporacion Cimex challenged laws that allowed U.S. citizens to bring lawsuits against anyone who trafficked in property that was confiscated by the Cuban government on or after Jan. 1, 1959.
The suit, filed Friday in federal court against Chevron, Exxon Mobil, Shell, BP and the American Petroleum Institute, alleges violations of state and federal anti-trust laws.
AI:Michigan has filed an antitrust lawsuit in federal court against several major oil companies—including Chevron, Exxon Mobil, Shell, and BP—as well as the American Petroleum Institute, alleging violations of both state and federal antitrust laws.Open