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Associated Press calculations show projected incentives will rise by more than $290 million from the $1.8 billion deal originally announced last year. The deal calls for Hyundai and battery maker LG Energy Solution to invest $7.6 billion in the Georgia plant and hire 8,500 workers by the end of 2031. It’s the largest economic development deal in Georgia history, and comes with the largest incentive package. If Hyundai didn't owe that much state corporate income tax, Georgia would instead give the company personal income taxes collected from Hyundai workers. The deal requires Hyundai to pay back a portion of the incentives if the company falls below 80% of promised investment or employment.

Persons: Pat Wilson, Wilson, Jobs, Jeff Amy Organizations: Hyundai Motor Group, South Korean, Associated Press, Hyundai, LG, Economic, Local, U.S Locations: SAVANNAH, Ga, Georgia, Ellabell, Savannah, Bryan County, U.S, United States, North America, Atlanta

☆ Saratoga Springs, N.Y.: An Urban Oasis at the Foot of the Adirondacks
▼ + stars: | 2023-09-13 | by ( Jill P. Capuzzo | ) www.nytimes.com time to read: +1 min

For more than 30 years, Gregory and Loretta Smith were regular visitors to Saratoga Springs, N.Y., traveling from their home in Rockland County on weekends and summer holidays to attend the horse races and enjoy the pace of life in this small city about three hours north of Manhattan. “We started to discuss, ‘Where do we want to put our roots down?’” Ms. Smith, 61, recalled. “And I said, ‘I want to live here. It has everything we want: a small walkable city with a good social environment, and access to nature. Just an overall phenomenal quality of life.’” That’s how the couple came to buy a 1,219-square-foot, two-bedroom ranch house on 0.23 acres for $399,000 in April.

Persons: Gregory, Loretta Smith, —, “, Ms, Smith, ‘, ’ Locations: Saratoga Springs, N.Y, Rockland County, Manhattan, Rikers, New York City

Versus the June survey, a corn harvested area increase of 774,000 acres in the fall is the largest ever back to at least the mid-1990s. Only 2012's increase of 890,000 acres (0.9%) was larger, though final corn acres usually come in lower than in June (15 of last 20 years). USDA was not the only entity too low on U.S. corn acres this year. The March planting survey came in more than a million acres above the trade estimate, then June corn acres blew out the highest trade guess by more than a million acres, topping the average guess by more than 2 million acres. That is the opposite of what happened in 2021, the last time USDA’s fall area review substantially boosted corn acres.

Persons: NASS, Karen Braun, Sam Holmes Organizations: U.S . Department of Agriculture, USDA's Farm Service Agency, Agricultural Statistics Service, USDA, Analysts, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S

☆ Colombia Potential Cocaine Output Rose 24% in 2022 - UN
▼ + stars: | 2023-09-11 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

Also at a more than 20-year high was potential cocaine output, which rose 24% to 1,738 metric tonnes. Coca is the chief ingredient in cocaine, whose production has fueled the Andean country's six-decade armed conflict, which has killed at least 450,000 people. Petro's government wants to help rural communities voluntarily substitute some 100,000 hectares of coca crops over the next four years, an official told Reuters recently. The government wants to reduce cultivation areas to 150,000 hectares and production capacity to 900 metric tonnes by 2026, Osuna said. Some 13% of Colombia's annual deforestation is linked to illicit crops, Environment Minister Susana Muhamad told a drugs conference last week.

Persons: Candice Welsch, Welsch, Gustavo Petro, Colombia's, Nestor Osuna, Osuna, Susana Muhamad, oversupply, Luis Jaime Acosta, Oliver Griffin, Julia Symmes Cobb, Richard Chang Organizations: United Nations Office, Drugs, Reuters, UN, Food Locations: BOGOTA, Colombia, Putumayo province, Ecuador

CNN —After enduring nearly a month of heartache and anxiety, a dog owner can finally rest after her missing dog was found safely at Atlanta’s Hartsfield-Jackson Airport on Saturday, according to airport officials. Delta Air Lines passenger Paula Rodriguez’s 6-year-old dog, Maia, was lost in August at the airport, which is considered the busiest in the world. They canceled her visa and told her she would need to return home on the next flight, Rodriguez previously told CNN. Paula Rodriguez poses with her dog, Maia, in a photo taken sometime before she was lost. Her worst fears faded on Saturday when Atlanta Airport officials announced Maia’s discovery three weeks after she was lost.

Persons: Paula Rodriguez’s, Maia, Rodriguez, “, ” Rodriguez, Paula Rodriguez, Paula Rodriguez “, we’re, ”, Maia’s Organizations: CNN, Atlanta’s Hartsfield, Jackson, Delta Air Lines, Punta Cana, Delta, City of Atlanta Department of Aviation, Jackson Airport, Atlanta Airport Locations: Dominican Republic, California, Atlanta, Punta, United States, Delta, Hartsfield

☆ If a single farm produced all the food wasted in the US, it would be the size of California and New York combined. We're the culprits.
▼ + stars: | 2023-09-10 | by ( Tim Paradis | ) www.businessinsider.com time to read: +10 min

The land used to produce food that's wasted in the US totals the size of California and New York. If all that food came from a single farm, it would be about the size of California and New York combined. Some states don't allow food to be donated after the quality date has passed — another source of unnecessary food waste, advocates say. Thinking about food waste at every mealMelgar is focused on policy goals like setting standards around food-date labels because changing consumer habits can be tough. "I'm thinking about food waste every time I have a meal, every time I go grocery shopping," Melgar said.

Persons: Danielle Melgar, aren't, Melgar, Danielle, It's, Dana Gunders, Emily Broad Leib, Broad Leib, there's, Gunders, —, it's, she'd, who's Organizations: Service, Environmental Protection Agency, Food Law, Clinic, Harvard Law School, US Department of Agriculture Locations: California, New York, Wall, Silicon, Michigan, San Francisco

ISLAMABAD (AP) — Afghanistan is the world’s fastest-growing maker of methamphetamine, a report from the United Nations drug agency said Sunday. The report called Afghanistan’s meth manufacturing a growing threat to national and regional health and security because it could disrupt the synthetic drug market and fuel addiction. It said seizures of meth suspected to have come from Afghanistan have been reported from the European Union and east Africa. Afghanistan also has the ephedra plant, which is not found in the biggest meth-producing countries: Myanmar and Mexico. But you need a lot of it.”Me said it was too early to assess what impact the Taliban’s drug crackdown has had on meth supplies.

Persons: Angela Me, ”, Abdul Mateen Qani, “ Organizations: United, Taliban, United Nations ’ Office, Drugs, European Union, Associated Press, Interior Ministry, AP, Farmers Locations: ISLAMABAD, Afghanistan, United Nations, Africa, Myanmar, Mexico, Afghan

☆ What it's like in Europe's popular crypto haven Portugal as the U.S. cracks down
▼ + stars: | 2023-09-09 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +19 min

They understood the importance of self custody of bitcoin, bitcoin on bitcoin blockchain, not on other chains." Sunrise over Lisbon, Portugal Alexander Spatari | Moment | Getty ImagesThe San Francisco of EuropeA walk through Portugal's capital feels eerily similar to a stroll in San Francisco. "This makes Portugal a really attractive place for crypto users to live," explained Shehan Chandrasekera, a CPA and head of tax strategy at crypto tax software company CoinTracker.io. The only exception to the country's generous crypto scheme relates to companies registered in Portugal that deal in crypto. Cyclists photographed in Lisbon, Portugal, in October 2018.

Persons: Alexander Spatari, PORTUGAL —, maximalists, Lorenzo Primiterra, He's, Peter Pan, Primiterra, Terra Luna, bitcoin, solana, Greenfield, Portugal Alexander Spatari, Jemson Chan, Chan, CNBC Guy Young, Seb True, CNBC Seb, True, That's, it's, bitcoiners, I've, Stephen Knowles, cryptocurrencies, Shehan Chandrasekera, Katie Ananina, Ethena's Young, —, Deley, Deley doesn't, that's, Didi Taihuttu, They've, Taihuttu Organizations: Campo Pequeno, maxis, CNBC Software, CNBC, titans, Securities and Exchange Commission, British, Abril, European, CPA, Cyclists, European Union, D7, Companies, Algarve Locations: LISBON, PORTUGAL, Lisbon, Italy, Portugal, Almada, Lisboa Region, outranking New York, Berlin, Singapore, European, Sunrise, San Francisco of Europe, San Francisco, bitcoin, Europe, Crypto, U.S, Egypt, Asia, Switzerland, it's, Puerto Rico, Australia, Canada, Ghent, Belgium, cryptocurrency, Cryptocurrencies, Lisbon's, Lagos, Angeles, Algarve

WEST CHESTER, Pa. (AP) — Police on Saturday reported two more confirmed sightings of an escaped murderer on the run for more than a week in southeast Pennsylvania amid a search by hundreds of law enforcement officers. Danelo Souza Cavalcante, 34, escaped from the Chester County Prison while awaiting transfer to state prison on Aug. 31 after being sentenced to life for fatally stabbing his ex-girlfriend in 2021. Prosecutors say he wanted to stop her from telling police that he’s wanted in a killing in his home country of Brazil. Authorities believe Cavalcante, spotted almost a dozen times since his escape, has managed to obtain clothing and other supplies. There’s now a $20,000 reward for information leading to the capture of Cavalcante, whose escape has attracted international attention and became big news in Brazil.

Persons: Danelo Souza Cavalcante, he’s, George Bivens, Michelle Bjork, There’s, Cavalcante, Danilo Souza Cavalcante, Válter Júnior Moreira dos Reis Organizations: WEST CHESTER, — Police, Prosecutors, Authorities, Pennsylvania, Police, ”, Friday, ” Authorities Locations: Pa, Pennsylvania, Chester, Brazil, Longwood, East Marlborough Township, Philadelphia, Kennett, Rio de Janeiro, Tocantins, Figueirópolis

☆ I'm an American mother who raised my 3 children in France and China. Disciplining them was hard because of cultural norms, but my kids cherish their upbringing.
▼ + stars: | 2023-09-09 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Sarah Bajc, 57, and her three children have lived all over the world as she moved often for work. Bajc said that raising children overseas was difficult, especially during rebellious teenage years. At the time, all of my children were in middle school or high school. Living overseas has given my children perspective on who they are and where they fit in the world. AdvertisementAdvertisementDisciplinary challenges can arise living abroadWhen raising kids overseas, one of the biggest problems is permissiveness.

Persons: Sarah Bajc, Bajc, cabanas, they're Organizations: Service, Deloitte, Microsoft Locations: Wall, Silicon, Michigan, France, China, Malaysia, Panama, Atlanta, Beijing, Asia, Vietnam, Thailand, Cambodia, Bali, Indonesia, United States

☆ John Grisham Returns to the Scene of the Crime
▼ + stars: | 2023-09-08 | by ( Zachary Fine | Photography Whitten Sabbatini For Wsj. Magazine | ) www.wsj.com time to read: 1 min

On a humid morning in mid-July, John Grisham was lounging under a candy-striped awning at Cove Creek Park, a multimillion-dollar youth baseball complex outside Charlottesville, Virginia. He looked comfortable and sweatless in the heat, wearing a crisp white button-down with the sleeves rolled up, slate-colored chinos, understated sneakers and a wristwatch with a slice of an MLB baseball mounted onto its dial. He was surrounded by 40 or so acres of cow pasture that, in the 1990s, he’d transformed into a ballpark with money earned from his greatest talent: imagining stories and selling them.

Persons: John Grisham, he’d Organizations: MLB Locations: Charlottesville , Virginia

☆ Where to stay in India? Here are 8 former palaces that are now hotels
▼ + stars: | 2023-09-08 | by ( Poonam Binayak | Lisa Lucas | ) www.cnbc.com time to read: +7 min

Source: Heritage DharampuraIt's now a 14-room boutique hotel, which received an honorable mention in 2017's UNESCO Asia-Pacific Awards for Cultural Heritage Conservation. It was transformed into a heritage hotel in the 1960s and is now impeccably managed by the Taj Group. Taj Lake Palace Source: Taj Lake PalaceStraight out of a fairy tale, the Taj Lake Palace boasts domed pavilions, ornamental turrets, crystal chandeliers, and 83 antique-filled rooms and suites, some which overlook a gleaming courtyard that hosts nightly folk dances. Source: Taj Usha Kiran PalaceToday, it's a lavish Taj hotel that balances old-world vibes with contemporary style. It is now a heritage hotel managed by the Taj Group.

Persons: Jehan Numa, Jehan, Palace, General Obaidullah Khan, Vijay Goel, James Bond, Taj Falaknuma, —, Taj Usha Kiran, it's, King Charles , Louis Mountbatten, Jacqueline Kennedy, Bhanj Deo, There's Organizations: UNESCO, Cultural Heritage Conservation, Taj, Taj Group, Royal, Rambagh, Jaipur, Cochin — Locations: India, Odisha, Rajasthan, Bhopal, Dharampura, Delhi, UNESCO Asia, Jama Masjid, Old Delhi, Udaipur, Pichola, Mewar, Taj Lake, Lake, lavishness, Falaknuma, Nizam, Hyderabad, Windsor, Gwalior, Rambagh, Jaipur, Baripada, Chittoor Kottaram, Kochi, Chittoor, —, Cochin

LONDON (AP) — British police scoured a huge London park on Friday for an ex-soldier who escaped from prison while awaiting trial on terrorism charges. The Metropolitan Police confirmed the search of Richmond Park in the city’s southwest, which involved two helicopters and officers on the ground, was connected to the hunt for Daniel Abed Khalife. The 21-year-old slipped out of Wandsworth Prison on Wednesday morning while working in the kitchen, apparently by clinging to the underside of a food-delivery truck, police said. His escape has prompted extra security checks at airports and the Port of Dover, the main boat crossing from England to France. But activity focused on Richmond Park, 2,500 acres (1,000 hectares) of woods and grassland about 5 miles (8 kilometers) from Wandsworth Prison.

Persons: Daniel Abed Khalife, Khalife, Dominic Murphy, –, ” Murphy Organizations: —, Metropolitan Police, Richmond Park, Wandsworth Prison, Conservative Locations: London, Wandsworth, Dover, England, France, Richmond Park

Analysts' corn yields span from 171.5 to 175 bpa, meaning all 18 analysts polled by Reuters expect a lower number than in August. Since 2004, corn yield landed outside the range of trade estimates only twice in September: 2018 and 2005. Those increases would account for less than 0.2% of each crop's total harvested area, seen at 86.4 million acres for corn and 82.8 million acres for soybeans. Final harvested corn acres have been lower than in August in eight of the last 10 years. Since the mid-1990s, the largest increase in harvested corn area from August to final was 1.1 million acres (1.3%) in 2007.

Persons: Daniel Acker, Karen Braun, Jamie Freed Organizations: REUTERS, Rights, U.S . Department of Agriculture, Reuters, USDA's Farm Service Agency, USDA, Thomson Locations: Tiskilwa , Illinois, U.S, Rights NAPERVILLE , Illinois

☆ Developers threaten Tokyo's historic Jingu baseball park, UNESCO panel says
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +2 min

[1/2] An aerial view shows Meiji Jingu Stadium and Chichibunomiya Rugby Stadium in Tokyo, Japan December 3, 2022. The U.N. cultural agency's panel, the International Council on Monuments and Sites (ICOMOS), urged the government to review the plan. Rallies and petition drives have also voiced opposition to the plan, which includes the demolition and replacement of the Meiji Jingu Stadium, built in 1926, and now home to the Yakult Swallows team. Ruth, Gehrig and five other baseball Hall of Fame inductees were part of an All American team that played at Meiji Jingu Stadium during their barnstorming Japanese tour. In June, the Mitsui Fudosan-led group of developers launched a website for queries from the public, aiming to build "understanding and empathy" for the project.

Persons: Babe Ruth, Lou Gehrig, Mitsui Fudosan, Ryuichi Sakamoto, Haruki Murakami, Yuriko Koike, ICOMOS, Ruth, Gehrig, Rocky Swift, Clarence Fernandez, Robert Birsel Organizations: Chichibunomiya Rugby, Kyodo, REUTERS, Rights, UNESCO, International Council, Mitsui Fudosan, Mitsui, Meiji, of Fame, Thomson Locations: Meiji, Tokyo, Japan, Jingu

The Metropolitan Police said Friday they were searching Richmond Park in southwest London, near where the delivery van Daniel Khalife used to escape Wandsworth prison was spotted on Thursday. Khalife orchestrated a bold jail break from Wandsworth prison on Wednesday morning while dressed as a chef. Richmond Park, the largest of London’s Royal Parks, is designated National Nature Reserve and stretches for 2,500 acres. The Met Police said Friday it was looking into the possibility that someone inside Wandsworth prison helped Khalife escape. By then, Khalife was gone and all that remained of his escape was the strapping officers discovered under the van.

Persons: strapping, van Daniel Khalife, Khalife, Daniel Khalife, ”, Mark Rowley, ” Rowley, Alex Chalk, Chalk Organizations: London CNN — Police, Metropolitan Police, UK’s, Media, Met Police, Nature Reserve, LBC, Police, The Metropolitan Police, strapping, British Locations: London, Richmond, Wandsworth, Richmond Park, Royal Parks, Putney, Britain

☆ Biden Approved a Big Oil Project. Now, He’s Cracking Down on Drilling.
▼ + stars: | 2023-09-07 | by ( Lisa Friedman | More About Lisa Friedman | ) www.nytimes.com time to read: +1 min

Over the past several months, the administration has moved to bar drilling on 1.8 million acres of sagebrush steppe in Wyoming and on more than a million acres of public land in Colorado. It insulated more than 336,400 acres of public land around Chaco Culture National Historical Park from new oil and gas leasing and mining claims for the next two decades. And last month, it said it would remove about six million acres of potentially oil-rich areas from an upcoming federal lease sale in the Gulf of Mexico that is required by law. The Bureau of Land Management also wants to change how it manages the 245 million acres under its control by allowing conservation leases, similar to the way the agency auctions off parcels for drilling and mining. Administration officials said the conservation efforts were not new and many of the drilling restrictions had been underway for months.

Persons: Biden’s Organizations: Chaco Culture, Interior Department, Land Management, Administration Locations: Wyoming, Colorado, Chaco, Gulf of Mexico

☆ Why Biden’s ban on drilling in the Alaska National Wildlife Refuge likely won’t affect gas prices
▼ + stars: | 2023-09-07 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +2 min

The ban, announced on Wednesday, cancels seven Trump-era oil and gas leases in the Arctic National Wildlife Refuge and prevents drilling on more than 13 million acres in the federal National Petroleum Reserve in Alaska. The Biden administration has annouced a ban on oil drilling in the Arctic National Wildlife Refuge in Alaska. “There’s little power to drill, pipeline to carry the crude oil, roads and everything needed basically to drill for oil,” he told CNN. The ban on drilling in the region would “not at all” hurt consumers in the future, De Haan said. Meanwhile, extreme summer heat has prevented many US refineries from operating at full capacity, leading to elevated gas prices throughout the peak driving season.

Persons: Biden, Joe Biden, Patrick De Haan, ”, De Haan, Brent Organizations: New, New York CNN, Trump, Wildlife, National Petroleum Reserve, Asahi Shimbun, CNN, Brent, Labor, AAA Locations: New York, Alaska, Russia, Saudi Arabia, North

The legislation would rezone land owned by nonprofit colleges and religious institutions, such as churches, mosques, and synagogues, to allow for affordable housing. An affordable housing project in a San Jose church had to go through a rezoning process that took more than two years before it could break ground in 2021. It would only apply to affordable housing projects, and the law would sunset in 2036. Supporters of the bill said it could help add hundreds of thousands of affordable housing units to the state’s housing stock. Republican lawmakers and Democratic Sen. Marie Alvarado-Gil voted against it.

Persons: Democratic Sen, Scott Wiener, Gavin Newsom, Democratic Assemblymember Sharon Quirk, Silva, ”, Newsom, Tony Thurmond, ” Thurmond, Harvey Milk, Susan Talamantes Eggman, Republican Sen, Rosilicie Ochoa, Marie Alvarado, Gil, Ochoa Bogh, Lena Gonzalez, ” Gonzalez, ___ Austin, Austin @sophieadanna Organizations: U.S, Democratic, Democratic Gov, University of California, Terner, Housing Innovation, Temecula Valley Unified, Gov, California Legislative, Caucus, Republican, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, ”, San Jose, Orange County, Berkeley, Southern California, Temecula Valley, San Francisco

☆ South China soaks as rains from Haikui continue to pound region
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

[1/2] An aerial view shows flooded villages in Minhou county after heavy rains brought by typhoon Haikui, in Fuzhou, Fujian province, China September 5, 2023. cnsphoto via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. Acquire Licensing RightsBEIJING, Sept 7 (Reuters) - The remnants of Typhoon Haikui drenched China for a third day since making landfall, as moisture-laden clouds dumped rain onto the country's south despite weakening cyclonic winds. Later this week, the storms are expected to continue in Guangxi bringing the southwestern region extreme rainfall on Friday and Saturday before potentially dissipating on Sunday. Haikui's storms flooded parts of southeastern Fujian province where it landed early on Tuesday, forcing 294,100 people to evacuate, inundated 9,949.7 hectares (24,586.24 acres) of crops and damaged nearly 2,540 homes. Intense rains in the city of Fuzhou shattered 12-year-old rainfall records, surpassing the amount brought by Typhoon Doksuri late July.

Persons: Typhoon Doksuri, Liz Lee, Christian Schmollinger Organizations: cnsphoto, Rights, China Meteorological Administration, Authorities, Thomson Locations: Minhou county, Fuzhou, Fujian province, China, CHINA, Rights BEIJING, downpours, Guangdong, Tangxi, Jiangxi, Hunan province, Guangxi, Hainan, Guilin, Laibin, Fujian, Xiamen, Shanghai

☆ Who caused Maui’s devastating wildfire? Lawsuit adds telecom companies and landowners to the list
▼ + stars: | 2023-09-07 | by ( Andy Rose | ) edition.cnn.com time to read: +3 min

The original suit claimed Hawaiian Electric was to blame for the fire, because it did not deenergize power lines that were knocked down by high winds. Shares of Hawaiian Electric have plunged 67% since the fires erupted August 8. Hawaiian Telecom is privately owned. Maui County filed a separate lawsuit late last month against Hawaiian Electric and its subsidiaries, alleging that the utility company’s negligence caused the devastating wildfires. Hawaiian Electric CEO Shelee Kimura said in a statement following Maui’s lawsuit that the company believes the complaint is factually and legally irresponsible.”

Persons: LippSmith, Graham LippSmith, “, ”, inexcusably, Shelee Kimura Organizations: CNN, Hawaiian, Lahaina, Charter Communications, Hawaiian Telecom, Hawaii Telecom, Electric, Hawaiian Electric, National Weather Service, Watch Locations: Maui, Lahaina, Kula, Olinda, Charter, West Maui, Maui County

☆ These are Wall Street's favorite energy stocks as oil rallies
▼ + stars: | 2023-09-07 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

For investors looking to play this trend, here are some energy stocks with the greatest long-term upside potential. The sector has added 0.5% this week as oil prices rallied from news of extended voluntary oil supply cuts from Saudi Arabia and Russia until year-end. Oil and natural gas company Diamondback Energy is another name on the list. Natural gas producer EQT , oil and gas giant EOG Resources , as well as petroleum refining and marketing company Valero Energy , are also Wall Street favorites. For investors looking for energy stocks but who do not want to bet on individual names, the Energy Select Sector SPDR Fund (XLE) and the iShares U.S. Energy ETF (IYE) track companies in the sector.

Persons: Russell, Halliburton, Nitin Kumar, EQT, — CNBC's Michael Bloom Organizations: Energy, CNBC, Oil, Resources, Diamondback Energy, Diamondback, Energy Partners, Warwick Capital Partners, Valero Energy, Mizuho Securities, Valero, Energy Investment, U.S . Energy Locations: Saudi Arabia, Russia, Oil and Texas, EQT, U.S, XLE

☆ U.S. airlines flag high fuel costs, Southwest's August bookings disappoint
▼ + stars: | 2023-09-06 | by ( Mehr Bedi | ) www.reuters.com time to read: +2 min

[1/2] A Southwest Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. REUTERS/Joshua Roberts/File Photo Acquire Licensing RightsSept 6 (Reuters) - Southwest Airlines (LUV.N) on Wednesday flagged softer August leisure bookings and joined two other U.S. airlines in warning of higher fuel costs in the third quarter due to a jump in crude prices. United Airlines (UAL.O) and Alaska Air Group (ALK.N) also warned of higher fuel costs in the current quarter as crude oil prices rose for a third straight month in August, amid signs of tightening supply. In a regulatory filing, United said jet fuel prices have climbed over 20% since mid-July. U.S. airlines do not generally hedge against fuel costs, making them vulnerable to price swings.

Persons: Joshua Roberts, Gerald Laderman, Stephen Trent, Mehr Bedi, Abhijith, Aishwarya Jain, Pooja Desai Organizations: Southwest Airlines, U.S, Capitol, Reagan National Airport, REUTERS, United Airlines, Alaska Air Group, United, Cowen Transportation Conference, Alaska Air, Citi Research, Thomson Locations: Arlington , Virginia, U.S, Denver, Chicago, Southwest, Bengaluru

☆ Biden Administration Moves to Block Oil Drilling on Millions of Acres of Alaskan Wilderness
▼ + stars: | 2023-09-06 | by ( Talal Ansari | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/policy/biden-administration-moves-to-block-oil-drilling-on-millions-of-acres-of-alaskan-wilderness-cca56fc9

Persons: Dow Jones, biden

Interior Department on Wednesday said it would cancel oil and gas leases in a federal wildlife refuge that were bought by an Alaska state development agency in the final days of former President Donald Trump's administration. Environmentalists and an Alaska indigenous group praised the move while a Republican Senator from Alaska slammed it. A Republican-passed tax bill in 2017 opened the area to oil and gas leasing and directed Interior to hold two lease sales by December 2024. The oil and gas industry largely failed to embrace the 2021 lease sale, which generated just $14 million in high bids, mostly from AIDEA. “We commend Secretary Haaland for canceling unlawfully issued oil-and-gas leases in the Arctic Refuge,” Abigail Dillen, president of environmental group Earthjustice, said in a statement.

Persons: Donald Trump's, Joe Biden, Biden, Deb Haaland, AIDEA, “, ” Abigail Dillen, Dan Sullivan, Interior's, Jarrett Renshaw, Nichola Groom, Chizu Nomiyama, David Gregorio, Mark Porter Organizations: U.S . Fish, Wildlife Service, Library, Fish, REUTERS, Conocophillips, U.S . Interior Department, Alaska Industrial Development, Export Authority, Wildlife, Democrat, National Petroleum Reserve, Alaska Natives, Trump, ConocoPhillips, United Nations, ALASKA Trump's Interior Department, Republican, Biden, Thomson Locations: Beaufort, Wildlife Service Alaska, U.S, Alaska, United States, ALASKA Trump's, ANWR, Washington, Los Angeles

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