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Opinion | Iran and Israel Weren’t Always Enemies
  + stars: | 2024-05-08 | by ( Karim Sadjadpour | ) www.nytimes.com   time to read: +1 min
“History is littered,” the British writer and politician Enoch Powell said, “with the wars which everybody knew would never happen.”A full-blown conflict between the Islamic Republic of Iran and Israel once seemed implausible. Iran and Israel are not natural adversaries. In contrast to other modern conflicts — between Israel and Palestine, Russia and Ukraine, China and Taiwan — Iran and Israel have no bilateral land or resource disputes. Their national strengths — Iran is an energy titan and Israel is a tech innovator — are more complementary than competitive. Iran was the second Muslim nation, after Turkey, to recognize Israel after its founding in 1948.
Persons: Enoch Powell, specter, King Cyrus the Great Locations: Islamic Republic of Iran, Israel, United States, Iran, Palestine, Russia, Ukraine, China, Taiwan, Turkey
British biodiversity startup Dendra Systems announced Wednesday it has raised a $15.76 million Series B, as investors continue to pour capital into climate tech. The $15.76 million Series B round was led by Zouk Capital, a London-based private equity firm that has previously backed climate-tech companies such as Green Hedge and Orb Energy. Dendra Systems previously raised $10 million Series A in 2020 from At One Ventures, Airbus Ventures, Future Positive Capital, Chris Sacca's Lowercarbon Capital, and others. Climate tech proved to be more resilient than other sectors in a cool market in 2023, with European climate tech startups bucking the trend in declining investment and raising a collective $20 billion. Dendra Systems is among the first batch of European climate startups to get VC backing.
Persons: Susan Graham, Graham, Chris Sacca's Organizations: Systems, Zouk, Orb Energy, Aramco Ventures, Airbus Ventures, Understorey, Business, Tech News, Dendra, One Ventures, Positive, Natural Capital Research Locations: London, Rio Tinto, North America
"People are on Reddit talking about what they love to do or what they're going to do. And so, it makes a not only fun experience around communities, but a really natural connection with ... a company's customers." Huffman described the variety of communities on Reddit and highlighted that many revolve around a certain hobby or interest. He said one of the things people do when they discover a new hobby is to discuss what gear they're going to buy in their Reddit community. One windfall for Reddit is its ability to attract and retain users of varying ages, Huffman said.
Persons: Reddit's, Steve Huffman, CNBC's Jim Cramer, Huffman, Wall, they're Locations: Reddit
Fellow billionaire Gautam Adani, founder of the Adani group, was also invited. Reliance Industries and the Adani Group are sprawling conglomerates worth over $200 billion each, with established businesses in sectors ranging from fossil fuels and clean energy to media and technology. As a result, these three men — Modi, Ambani and Adani — are playing a fundamental role in shaping the economic superpower India will become in the coming decades. Both Adani and Ambani have become key allies as the country embarks on this revolution. “India cannot grow rich before it becomes old on the back of a few big firms like Adani or Ambani,” he said.
Persons: Mukesh Ambani, Mark Zuckerberg, Bill Gates, Ivanka Trump, popstar Rihanna, David Blaine, Ambani, Gautam Adani, Jeff Bezos, , Rohit Lamba, Narendra Modi, — Modi, Adani, Noemi Cassanelli, , John D Rockefeller, Vanderbilt, James Crabtree, Modi, Guido Cozzi, Cozzi, Ambani’s, Dhirubhai, helms, Cantor Fitzgerald, Cantor, ’ Ambani, Amit Dave, Hindenburg’s, ferociously, ” Cantor, Modi’s, Prasanna Tantri, Crabtree, Lamba Organizations: New, New Delhi CNN —, Reliance Industries, Pennsylvania State University, Investors, Adani, CNN, Adani Realty, Frick, Astor, Carnegie, Samsung, Hyundai, World Bank . Coal, University of St, Adani Group, Reliance, Reliance Industry, Adani Enterprises, AEL “, Tata Group, Modi, India’s, Hindenburg, GQG Partners, Indian School of Business Locations: New Delhi, Gujarat, Davos, Coachella, Silicon Valley, India, China, Mumbai, Antilia, America, Asia, Britain, South Korea, Worth, United Kingdom, University of St Gallen, Switzerland, American
Uses Electricity They’re delivering solar power after dark in California and helping to stabilize grids in other states. Peak demand average daily generation, by fuel type Peak demand 25k 25k megawatts megawatts Imports 20k 20k 15k 15k Gas Solar power Batteries Solar power 10k 10k Wind 5k 5k Hydro Nuclear 0 0 12a.m. Peak demand average daily generation, by fuel type Peak demand 25k 25k megawatts megawatts Imports 20k 20k 15k 15k Gas Solar power Batteries Solar power 10k 10k Wind 5k 5k Hydro Nuclear 0 0 12a.m. Ga. Ga. Texas Texas La. By The New York TimesMost grid batteries use lithium-ion technology, similar to batteries in smartphones or electric cars.
Persons: , , Helen Kou, Conn ., Mo ., R.I, Conn . Conn ., . Kan ., , Andrés Gluski, Mike Blake, John Phipps, Phipps, Stephanie Smith, Aaron Mitchell, Natalie McIntire, Tamir Kalifa, Emma Konet, Max Kanter, BloombergNEF, you’ve, Meredith Fowlie, Nate Blair, “ We’re, Ross D Organizations: Hydro Nuclear, Hydro, The New York Times, , United States U.S, Conn . Pa . Iowa Neb, N.J . Ohio Nev, Del . Utah Ill, Texas, Fla ., Vt, Wis ., Wis . Idaho Idaho S.D, Pa . Iowa Iowa Neb, Neb . N.J . N.J . Ohio Ohio Nev, Del . Utah Utah Ill, . Energy, AES Corporation, Reuters, California, Georgia Power, Natural Resources Defense Council, Nationwide, The New York Times Grid, University of California, National Renewable Energy Laboratory, Franklin, Associated Locations: California, The New York Times California, China, Texas , California, Arizona, Wash . Maine, Minn, Ore, N.H, N.Y, Mass, Wis . Idaho S.D, Mich, Wyo, R.I, Conn, Conn . Pa . Iowa, N.J . Ohio, Del . Utah, Calif, Md, Colo, W.Va . Va, Mo, Mo . Kan, Ky, N.C, Tenn, Ariz, ., S.C . California, Ala, Miss ., Fla, Alaska Texas, Hawaii, Wash . Maine Maine Mont, Mont, Vt, Wis, Wis . Idaho Idaho, S.D . Mich, Conn . Conn, Conn . Conn . Pa, Pa . Iowa, Neb . N.J . N.J . Ohio, Nev . Ind, Ind, Del, W.Va, W.Va . Va . Va, . Kan . Kan, S.C . Ala . Ala . Miss, . Texas Texas, La, Fla . Alaska Alaska Hawaii Hawaii California, Texas, Menifee, . California, ” In Texas, Fort Worth, West Texas, Georgia, Sweetwater , Texas, Tierra, Berkeley, Sacramento
A passenger was caught with a bag of snakes in their pants at Miami International Airport. AdvertisementA passenger was caught trying to smuggle a bag of snakes onto a plane at Miami International Airport last month. Transportation Security Agency officials said officers detected the small bag "hidden in a passenger's pants" on April 26. Officers at @iflymia detected this bag of snakes hidden in a passenger’s pants at a checkpoint on Fri, April 26. pic.twitter.com/CggJob8IT8 — TSA_Gulf (@TSA_Gulf) April 30, 2024Upon discovering the reptiles at a security checkpoint, the TSA called in the police and Customs and Border Protection.
Persons: , Oakley, @TSA, Kanitha, frontliners Organizations: Miami International Airport, Daily Mail, Service, Transportation Security Agency, Miami - Dade Police, Florida Fish and Wildlife Conservation Commission, TSA, Customs, Florida Fish and Wildlife Conservation, Guardian, Airlines, Protection Locations: Asia, Miami, Thailand, Southeast Asia, South Asia
Pamela Anderson broke her no-makeup streak at the 2024 Met Gala. AdvertisementAfter a slew of bare-faced public appearances, Pamela Anderson finally ditched the no-makeup look for her Met Gala debut. Pamela Anderson ditched her no-makeup look for her first Met Gala appearance. And since then, I just felt, without Alexis, it's just better for me not to wear makeup," Anderson said. Reflecting on her Met Gala debut, Anderson told the Times that it "means a lot" to her that she was invited.
Persons: Pamela Anderson, Oscar, la, Pat McGrath, Anna Wintour's, Anderson, , Cindy Ord, MG24, McGrath, Theo Wargo, smokey, Elle, Alexis Vogel, Alexis, it's, Noel Stewart headpiece, Marleen Moise, Noel Stewart —, Anna Wintour Organizations: Service, British Vogue, New York Times, Times, Met
The best strategy for tackling those moments of stress actually involves some preparation: Highly successful people get ahead of their unsteadiness with a key mindset shift, according to Lisa Feldman Barrett, a neuroscientist, author and psychology professor at Northeastern University. They don't see stress as something bad to be overcome, but instead as something natural that can be managed. Instead, she recommends doing exercises beforehand to practice doing what unnerves you, and to help train yourself to understand and handle the stress differently. "It's a shift from making the sensation go away to getting better at performing while I'm feeling the sensation," he said. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Lisa Feldman Barrett, Barrett, Wharton, Adam Grant's, Ted, Grant, speck, ted Organizations: Northeastern University, CNBC
How do celebrities get their hands on museum-quality gowns?
  + stars: | 2024-05-07 | by ( Leah Dolan | ) edition.cnn.com   time to read: +12 min
But today, as more and more celebrities choose to wear vintage, the all-important stretch of red carpet has started to look more like a museum hallway. Kendall Jenner's vintage dress for the 2024 Met Gala. Mugler — the luxury French fashion house responsible for dressing Zendaya in a 30 kilogram full metal robot suit from 1995. Although interest in vintage fashion is rising amongst celebrity clients, not everyone is qualified to physically handle these pieces. John Shearer/WireImage/Getty ImagesFashion’s rat raceBut if these one-of-a-kind pieces are so fragile, and the method of their conservation so exact, how do celebrities even get their hands on them?
Persons: CNN —, Miley Cyrus, Laverne Cox, Olivia Rodrigo, Bob Mackie, , Vanessa Friedman, Cardi, Margot Robbie, Jennifer Lawrence, Mugler, Givenchy —, That’s, Kim Kardashian, Marilyn Monroe’s, Emily Ratajkowski, Versace, Zendaya, Givenchy, Kendall Jenner, Kendall Jenner's, Jamie McCarthy, Renée Zellweger, Jean Dessès, Julia Roberts, “ Erin Brockovich, Erin Walsh, Anne Hathaway, Selena Gomez, Sarah Jessica Parker, WWD, Wiktor, ” Adrian Corsin, Law Roach, Jean, Jacques Urcun, Marion Bourdée, Adrian, Julie Ann Clauss, Tom Ford, Calvin Klein, Marc Jacobs, Carolina Herrera, , John Shearer, Kylie, ” Jenner, Thierry Mugler, Couturissime, ” Bourdée, Kylie Jenner, Ripley’s, ” Mugler, won’t, Walsh, ” Erin Walsh, Valentino, Karwai Tang, We’re, Kendall, ” Corsin, hasn’t Organizations: CNN, New York Times, Givenchy, London, Publishing, Brooklyn, International Council of Museums, , New York, Hollywood, SAG, Vogue Locations: Zendaya, London, France, LA, Mugler, New York, , , New
How Much Money Did This Year’s Met Gala Raise?
  + stars: | 2024-05-07 | by ( Callie Holtermann | ) www.nytimes.com   time to read: +1 min
At the Met Gala on Monday, a throng of photographers fought to capture Zendaya and Kim Kardashian parading couture gowns down the red (technically, mouthwash-green) carpet. This year’s event raised about $26 million for the Metropolitan Museum of Art’s Costume Institute, according to a spokeswoman. That’s a $4 million increase over last year’s total, and more than double what the event raised a decade ago, in 2014. The most recent fall gala for the New York City Ballet raised just short of $4 million, and the American Museum of Natural History’s gala brought in $2.5 million. Even The Met’s other events do not compare: Its Art & Artists Gala raised $4.4 million last year.
Persons: Zendaya, Kim Kardashian, That’s, , Rachel Feinberg, Organizations: Metropolitan Museum, Art’s Costume, New York City Ballet, American Museum, Natural, Elmhurst Hospital Locations: New York City, Queens
Emily Blunt said she has "absolutely" felt sick having to kiss some of her male costars on set. Blunt didn't mention anyone specifically but joked she could have chemistry "with a water bottle." AdvertisementEmily Blunt said she hasn't enjoyed having to kiss some of her male co-stars during her career, but she knows how to build chemistry for a romantic scene. Related storiesBut when Stern asked the actor if she'd ever felt "sick" having to kiss some of her male costars, Blunt told the podcast per People: "Absolutely, absolutely. Blunt also said she hasn't always liked her costars, but audiences wouldn't be able to pick up on that.
Persons: Emily Blunt, Blunt, , hasn't, Howard Stern, Guy, Jody, Ryan Gosling's, Colt, Tom Cruise, Dwayne, Johnson, Matt Damon, Tom Hanks, Stern, she'd, costars, I've, wouldn't, haven't, Kirsten Dunst, Anne Hathaway Organizations: Service, Sirius, Hollywood Locations: British
As the sun set on a cloudy evening in Times Square on Friday, a 65-foot-long frankfurter cantilevered into the sky and spewed out a blast of rainbow confetti. of its bun, drag wrestlers were finishing their match in an elevated boxing ring, practically twerking on the ropes, cheered on by hundreds of spectators. It was the first public event for “Hot Dog in the City,” an installation for Times Square Arts, the largest work that the organization has ever commissioned. The giant wiener was created by Jen Catron and Paul Outlaw, married Brooklyn artists whose métier is often interactive, food-based spectaculars that also question the lore — and lure — of Americana. When they hit upon the hot dog, a national symbol of patriotism and also an emblem of the hard-to-digest truth about mass production and labor, consumerism and marketing, it seemed like a natural match for the setting.
Persons: wiener, Jen Catron, Paul Outlaw Organizations: Times Square Arts, Brooklyn Locations: City
CNN —Extraordinary global heat continues its streak. It marks 11 consecutive months of unprecedented global temperatures. With that new data point, some scientists warn there is a strong chance 2024 could beat 2023 as the warmest year on record. Global ocean heat in April was also record-breaking for the 13th consecutive month. And while heat records are still being set month after month, the margins at which they are being broken are smaller than they were in 2023.
Persons: Copernicus, Adnan Abidi, Lisa Marie David, El Niño, Niño, it’s, Zeke Hausfather, ” Hausfather, Indranil Aditya, , Carlo Buontempo Organizations: CNN, Reuters, Getty Locations: Asia, Bangladesh, Vietnam, India, Barmer, Rajasthan, Manila, Philippines, Berkeley, Mumbai
In this article @LCO.1@CL.1 Follow your favorite stocks CREATE FREE ACCOUNTPalestinians, including children, collect usable belongings in the heavily damaged buildings after Israeli attacks in Rafah, Gaza on February 12, 2024. Building targeted in the Israeli attacks and surrounding structures were damaged as Israel's air, land and sea attacks continue on the Gaza Strip. (Photo by Jehad Alshrafi/Anadolu via Getty Images) Jehad Alshrafi | Anadolu | Getty ImagesU.S. oil rose Monday, trying to recover from last week's steep declines, after Israel told Palestinians to evacuate the southern Gaza city of Rafah, and Saudi Aramco raised its official crude prices. Stock Chart Icon Stock chart icon WTI vs. BrentBut tensions in the Middle East are rising again after the Israel Defense Forces told some 100,000 Palestinians to leave the southern Gaza city of Rafah. Efforts to broker a ceasefire between Israel and Hamas have stalled again, with the two sides accusing each other of sabotaging a deal.
Persons: Jehad Alshrafi, Brent Organizations: Getty, Anadolu, Saudi Aramco, West Texas Intermediate Brent, Natural Gas, Israel Defense Forces, Hamas Locations: Rafah, Gaza, Anadolu, Israel, Saudi, Iran, U.S
Natural gas demand will likely outpace expectations as electricity consumption surges from artificial intelligence and data centers, Chevron CEO Mike Wirth told CNBC on Monday. "It's a little hard to quantify right now because this is evolving so quickly on the AI side," Wirth told CNBC's Sara Eisen at the Milken Institute's Global Conference in Los Angeles. "But I think demand for natural gas is likely to be higher than what people have been estimating up until now." Wirth said the move to electrify the nation's vehicle fleet, heating and manufacturing as well as the increase in demand from data centers will require reliable and affordable backup power generation. Wind and solar offer affordable power in some regions, but they still face challenges in generating enough electricity to meet peak demand because they rely on variable weather conditions, the Chevron CEO said.
Persons: Mike Wirth, Wirth, CNBC's Sara Eisen Organizations: Chevron, CNBC, Milken Institute's Global Conference Locations: Los Angeles
The deal illustrates data centers' new-found interest in nuclear power. Joe Dominguez, the CEO of Constellation, the nation's largest operator of nuclear plants, said in a March earnings call that powering data centers with nuclear energy was "kind of a perfect marriage." AdvertisementVistra, another nuclear owner, also indicated it was arranging data center deals for a nuclear plant it owns in Ohio and one in Texas. Greg Poulos, the executive director of a PJM watchdog group, said that "one of my highest priority, highest radar items" is how data centers could push costs onto consumers and also whether nuclear data centers deals could reduce grid reliability. Beyond the nuclear optionNot all data centers, of course, are seeking out nuclear power to seize their energy independence.
Persons: , Wes Swenson, Swenson, Joe Dominguez, Jim Burke, Ralph La Rossa, La Rossa, Steve Helber, Burke, Dominguez, PJM, Michael Jacobs, Brian Janous, Greg Poulos, Poulos, Biden Organizations: Service, Susquehanna, Amazon, Business, US Energy Information Administration, Nuclear, Constellation, Public Service Enterprise Group, Microsoft, International Energy Agency, Dominion Energy, Talen Energy, Energy, Union of Concerned Locations: Pennsylvania, Salt Lake City, Ohio, Texas, New Jersey, Our, Jersey, Virginia, Chester , Va, Susquehanna, Chicago, New York City
Oil nudges higher after Saudi Arabia hikes prices
  + stars: | 2024-05-06 | by ( ) www.cnbc.com   time to read: +2 min
Oil futures edged up on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil producing region. Brent crude futures climbed 28 cents, or 0.3%, to $83.24 a barrel at 0119 GMT, while U.S. West Texas Intermediate crude futures were at $78.40 a barrel, up 29 cents, or 0.4%. Saudi Arabia raised the official selling prices, or OSPs, for its crude sold to Asia, Northwest Europe and the Mediterranean in June, signaling expectations of strong demand this summer. This comes after Saudi Arabia raised June OSPs for most regions amid a tightening of supplies this quarter, he added. The geopolitical risk premium in oil prices has also eased as talks for a Gaza ceasefire are underway.
Persons: ICE Brent, Warren Patterson, OSPs, Brent, Benjamin Netanyahu, Baker Hughes Organizations: Brent, U.S, West Texas, ICE Locations: Saudi Arabia, Gaza, Israel, Asia, Northwest Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChevron CEO Mike Wirth: Demand for natural gas will be higher than expectedChevron CEO Mike Wirth joins 'Money Movers' to discuss the geopolitical risk to the oil sector, natural gas demand, and supply concerns.
Persons: Mike Wirth Organizations: Chevron
SpaceX beat Boeing to the punch, flying NASA astronauts to the space station four years ago for cheaper. NASA astronauts Suni Williams (left) and Butch Wilmore (right) conduct suited operations in a Boeing Starliner simulator. AdvertisementThe SpaceX Crew Dragon spaceship that accomplished the feat came from the same NASA initiative that's flying Starliner on Monday. NASA astronauts Bob Behnken (left) and Doug Hurley (right) were the first people to fly aboard a private spaceship, SpaceX's Crew Dragon. SpaceXWith each flight, SpaceX has earned money, while Boeing has been sinking more and more funds into Starliner.
Persons: Elon Musk, , Boeing's, Butch Wilmore, Suni Williams, Robert Markowitz, Bob Behnken, Doug Hurley, bTXWAfxfrh — Elon, Musk, Eric Berger, Cory Huston, Starliner's, Berger, George Nield, Nield, Scrappy SpaceX Organizations: Boeing, SpaceX, NASA, Service, Twitter, International Space Station, ISS, Atlas, Reuters, Department of Defense, Space Transportation Locations: Starliner
Olive oil may lower risk of dementia-related death
  + stars: | 2024-05-06 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +5 min
CNN —A daily spoonful of olive oil could lower your risk of dying from dementia, according to a new study by Harvard scientists. Olive oil can be a healthy, tasty addition to foods such as sandwiches and salads. Replacing 5 grams — around 1.2 teaspoons — of margarine or mayonnaise consumed daily with olive oil was associated with an 8% to 14% lower risk of death from dementia. “It is also possible that olive oil has an indirect effect on brain health by benefiting cardiovascular health,” she added. Besides cooking with olive oil, you can also use it to make salad dressings or vinaigrettes, mayonnaise, pesto or bread dip.
Persons: Anne, Julie Tessier, Harvard University’s T.H, , Duane Mellor, ” Mellor, Tessier, , David Curtis, Mellor, Curtis, Olive, it’s Organizations: CNN, Harvard, JAMA, American Society, Harvard University’s, of Public Health, Nurses, Health, Aston Medical School, Aston University, University College London Locations: Chan, North America, United Kingdom
A prolonged drought in southeast Asia contributed to massive fish deaths in southern Vietnam. The climate crisis and human development threaten the Mekong Delta, a key global agricultural center. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In Vietnam, the maze of wetlands that comprise the Mekong Delta is called the country's "rice bowl" because of the vast agriculture it supports. Related storiesMeanwhile, in southern Vietnam, hundreds of thousands of fish died in a reservoir last month as temperatures peaked over 100 degrees Fahrenheit and no rain fell for weeks, the AFP reported.
Persons: , El Niño, they're, Ksor Phung, VnExpress Organizations: Service, Mekong Delta, country's Ministry of Natural Resources, Environment, World Bank, AFP, Residents, Business, Getty, Commission Locations: Asia, Vietnam, Delta, El, Mekong
AI data centers alone are expected to add about 323 terawatt hours of electricity demand in the U.S. by 2030, according to Wells Fargo. The forecast power demand from AI alone is seven times greater than New York City's current annual electricity consumption of 48 terawatt hours. The natural gas industry is betting gas will serve as the preferred choice. Coal plant retirements and data centers could result in 6 bcf/d of new natural gas demand in EQT's backyard by 2030, the CEO said. The level of electricity demand could help lift natural gas prices out of the doldrums.
Persons: Kena, Goldman Sachs, Robert, Richard Kinder, Kinder Morgan, Kinder, Roger Read, Wells, Goldman, Toby Rice, Rice, CNBC's, Christopher Womack, Robert Blue, EQT, Jeremy Knop, Knop, Blue, Read, Lynn, Zack Van Everen, Robert Kinder Organizations: Linden, View Press, Getty, Amazon, Google, Microsoft, Meta, Rystad Energy, Robert Blue Dominion Energy, Gas, Holt, Co, EQT Corp, U.S ., Dominion Energy, Georgia Power, Southern Company, Dominion, Renewables, CNBC, Lynn Good, Energy Locations: Linden New Jersey, U.S, Wells, Wells Fargo, New York, Houston, Pickering, Northern Virginia, Georgia, Appalachian, Virginia, Gulf
According to an April 28 report from Goldman Sachs, the demand for power from AI data centers is expected to increase by 160% between 2023 and 2030. The report states that the rate of demand growth expected in the next five years has not been witnessed since the beginning of the century. AdvertisementFluence Energy (FLNC) provides clean energy storage that can serve as a power supply backup source if data centers experience outages. NextEra Energy (NEE) is a US energy company already providing power to data centers and demand from its electricity supply is expected to grow. nVent Electric (NVT) is an electrical parts supplier that provides liquid cooling, enclosures, power distribution, and cable management for data centers.
Persons: , Goldman Sachs, Goldman, it's, Kinder Morgan Organizations: Service, Real, Business, Microsoft, Fluence, Google, GE, NextEra Energy, Co, Georgia Power, Xcel Energy, Cameco Corporation, EQT Corp, Caterpillar, Eaton Corporation, MYR Locations: US, Canadian
Once a powerful local Congolese leader, Lusinga Iwa Ng’ombe fought back against Belgian colonial invaders in the late 19th century. He was such a thorn in their side that Émile Storms, who commanded Belgian troops in the region, predicted his head would “eventually end up in Brussels with a little label — it would not be out of place in a museum.”That is exactly what happened. Troops of Mr. Storms killed and decapitated Mr. Lusinga in 1884, and his skull ended up in a box in the Brussels-based Institute for Natural Sciences, along with over 500 human remains taken from former Belgian colonies. His descendants are struggling to have his remains returned, their efforts unfolding against the backdrop of a larger debate about Europe’s responsibility for the colonial atrocities, reparations and restitution of plundered heritage.
Persons: Iwa Ng’ombe, , Storms, Mr, Lusinga Organizations: Iwa, Belgian, Natural Sciences Locations: Congolese, Belgian, Brussels
The two largest pipeline operators in the U.S. are poised to benefit from the data center boom as rising natural gas demand requires billions of dollar of infrastructure investment, according to Goldman Sachs. To satisfy power users, the data center boom could drive $7.4 billion in pipeline investments to boost capacity by 6.1 bcf/d through 2030. Goldman currently rates Kinder Morgan as buy with a stock price target of $20, implying 8% upside from Friday's close of $18.57. Williams Companies' market share stands at 33%, with strong exposure in the Southeast, including the nation's largest data center market in Northern Virignia. The company is the largest natural gas producer in the U.S., responsible for about 6% of total production.
Persons: Goldman Sachs, Kinder Morgan, Williams, KMI, Goldman, — CNBC's Michael Bloom Organizations: Goldman, Williams Companies, Williams, EQT Corp Locations: U.S, Texas, Northern Virignia
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