Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
Category: Federal Aid (US)
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A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
The New York Times – Business: -
Obamacare Enrollment Drops Sharply as Costs Rise
The New York Times – Business:Americans can’t afford the higher health insurance premiums that resulted from Congress’s refusal to extend federal tax credits.
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United Airlines CEO, Rebuffed by American, Says He’s Skeptical of Other Deals
The New York Times – Business:The chief executive, Scott Kirby, said that buying a smaller airline might not be worth the effort.
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Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise
The New York Times – Business:A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.
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United Airlines Says It Pitched American on Merger but Was Rebuffed
The New York Times – Business:United’s chief acknowledged for the first time that he had broached the idea of a merger with American, which was unwilling to consider it.
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Why Everyone, Including Trump, Is Talking About Airline Mergers
The New York Times – Business:A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer.
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U.S. Nears Loan to Rescue Spirit Airlines
The New York Times – Business:The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years.
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Trump Dismisses a Merger While Seeking Suitors for Spirit Airlines
The New York Times – Business:As he rejected the idea of a merger of United Airlines and American Airlines, President Trump said someone, including possibly the federal government, should buy or help Spirit.
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To Boost Military Budget, Trump Targets Popular Programs at Home
The New York Times – Business:Amid the war with Iran, the president has proposed to scale back some of the very programs meant to ease families’ financial burdens.
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Trump’s Executive Order on NPR and PBS Is Unconstitutional, Judge Rules
The New York Times – Business:The ruling will likely have minimal effect on the federal money going to public media because Congress voted to claw back funding.
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Trump Offers More Aid to Farmers, a Key Support Bloc Hurt by Tariffs and War
The New York Times – Business:The president announced new loan guarantees at a White House event that appeared intended to reassure a group that has found itself caught in the crosshairs of some of his major policies.
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Record Number of Student Loan Borrowers Are in Delinquency and Default
The New York Times – Business:Recently released data from the Education Department showed that by the end of last year, 7.7 million borrowers had defaulted on $181 billion in federal student loans.