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LONDON, Aug 29 (Reuters) - Crude oil prices have stalled as the wave of hedge fund buying that helped lift them throughout July and the first part of August has been replaced by gentle selling. Hedge funds and other money managers sold the equivalent of 30 million barrels in the six most important petroleum futures and options contracts over the seven days ending on Aug. 22. Nearly all the sales were in crude (-29 million barrels) with sales of NYMEX and ICE WTI (-16 million barrels) and Brent (-13 million barrels), according to position records filed with regulators and exchanges. There was a mix of profit-taking after the previous rally by liquidating existing bullish long positions (-18 million barrels) and speculative short sales (+11 million barrels) in anticipation of future price falls. There are also increasing indications the United States is relaxing sanctions on crude exports from Iran and Venezuela in exchange for diplomatic objectives and to keep a lid on oil prices.

Persons: Brent, John Kemp, Barbara Lewis Organizations: ICE, Henry, U.S . National Oceanic, Prediction Center, CPC, U.S, Thomson, Reuters Locations: Saudi Arabia, Russia, COVID, States, Iran, Venezuela, NYMEX, United States, Pacific, North America

☆ This 14-year-old kid helped animate 'Spider-Man: Across the Spider-Verse'
▼ + stars: | 2023-08-29 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Preston Mutanga has found fame as a teen wunderkind whose creativity resulted in the ultimate gig. Mutanga told CNN that even as a youngster, he was in love with animation. They ended up inviting Mutanga to animate a Lego scene for the movie. “We didn’t know he was a 14-year-old kid at first. I’ve worked on the greatest movie of all time.”The DVD of “Spider-Man: Across the Spider-Verse” – the sequel to 2018’s Oscar-winning “Spider-Man: Into the Spider-Verse” – will be released on September 5.

Persons: CNN — Preston Mutanga, Mutanga, ”, “, ’ ” Kemp Powers, Phil Lord, Christopher Miller, Chris Miller, I’ve Organizations: CNN, Pixar

Removing a case to federal court requires persuading a judge that the actions under scrutiny were carried out by federal officers as part of their official business. Earlier this year, Mr. Trump failed in his attempt to move a New York State criminal case against him to federal court; his argument in that case was seen as particularly tenuous. Presiding over the hearing on Mr. Meadows’s motion Monday was Judge Steve C. Jones of United States District Court in Atlanta. The judge ruled that the law was clear that “state court proceedings continue” until a decision has been reached on removal. Judge Jones is an Obama appointee to the federal bench who has been moving quickly regarding the removal question.

Persons: Trump, Steve C, Jones, Judge Jones, Meadows’s, Scott McAfee, Judge McAfee, Brian Kemp, Willis, Obama Organizations: New York State, United States, Court, Fulton County Superior Court, Republican, Federalist Society Locations: New, Atlanta, Fulton, Fulton County

☆ NYT's Maggie Haberman says Trump gave a 'menacing' stare in his mugshot because he 'doesn't want to look weak'
▼ + stars: | 2023-08-27 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Maggie Haberman said Trump made a "menacing" face in his mugshot to dispel any notion of weakness. "He doesn't want to look weak, and that's what that's about." Last week, Trump posted on X, the social media platform formerly known as Twitter, for the first time since January 2021. Tapper then asked Haberman if she could explain how Trump seeking to overturn his 2020 presidential loss in Georgia and pressing Gov. "And that has been how he has operated, for decade after decade after decade, through business failures, through bankruptcies of his casinos, through losses, through products failing, through divorces."

Persons: Maggie Haberman, Trump, Jake Tapper, Donald Trump, Haberman, Elon Musk, Tapper, Brian Kemp, Brad Raffensperger, didn't Organizations: Saturday, Service, York Times, Jail, CNN, Republican, Twitter, X Corp, Politico Locations: Wall, Silicon, Fulton, Atlanta, Georgia

☆ MLB roundup: Red Sox ring up 24 hits, pummel Astros 17-1
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +7 min

All nine batters in Boston's starting lineup recorded at least one RBI and at least one of the club's season-high 24 hits. The offensive showcase provided more than enough run support for Red Sox starter Brayan Bello (10-7), who gave up one run on nine hits in seven innings. Mauricio Dubon doubled twice for the Astros, who went 1-for-12 with runners in scoring position and left 11 men on base. Rays 5, Rockies 3Josh Lowe hit a go-ahead, two-run homer in the eighth inning, helping host Tampa Bay complete a series sweep of Colorado. Palacios hit a two-run home run and Ji Hwan Bae added an RBI single for the Pirates, who have lost two straight.

Persons: Wilyer Abreu, Pablo Reyes, Erik Williams, Abreu, Connor Wong, Alex Verdugo, Brayan Bello, Alex Bregman, Mauricio Dubon, Mookie Betts, Freddie Freeman, Enrique Hernandez, Michael Busch, Corbin Carroll, Gabriel Moreno, Merrill Kelly, Miguel Castro, Alex Young, Brandon Williamson, Josh Lowe, Randy Arozarena, Matt Koch, Lowe, Alex, Tommy Kahnle, Jake Alu, CJ Abrams, Joey Meneses, Aaron Judge, Patrick Corbin, Gleyber Torres, Ryan Jeffers, Jeffers, Will Smith's, Carlos Correa, Josh Sborz, Michael A, Taylor, Royce Lewis, Kyle Farmer, Ian Happ's, Cody Bellinger, Nico Hoerner, Jeimer Candelario, Justin Steele, Connor Joe's, Adbert Alzolay, Joshua Palacios, Palacios, Ji Hwan Bae, Zack Gelof, Shea Langeliers, Brent Rooker, Tony Kemp, Kemp, Luis Robert Jr, Elvis Andrus, Kyle Gibson, Anthony Santander, Cedric Mullins, Adley Rutschman, Gibson, Felix Bautista Organizations: Boston Red Sox, Houston Astros, Red Sox, Boston, Boston's, Astros, Dodgers, Cleveland, Angeles, The Dodgers, Diamondbacks, Reds, Arizona, Cincinnati, National League, Rays, Rockies, Tampa, Nationals, Yankees, skidding, Rangers, Minnesota, Texas, American League Central, Cubs, Pirates, Chicago, Pittsburgh, Athletics, White Sox, Oakland, Orioles, Blue Jays, Baltimore, Toronto, Thomson Locations: Houston , Texas, USA, Houston's, Angeles, Los Angeles, Phoenix, Cincinnati, Tampa, Colorado, Washington, skidding New York, Kahnle, Minneapolis, Minnesota, Chicago, punctuate

Total demand met hit a record 140 billion kilowatt-hours (kWh) in June, up from 134 billion kWh in June 2022. Chartbook: India's electricity systemGrid controllers have been able to call on much more generation from renewable sources and improved availability of fossil-fuel units. Generation from wind farms increased by 1.5 billion kWh (+16%) while solar output was up by 1.1 billion kWh (+14%) compared with the same month in 2022. Other generation, mostly from coal-fired units, also increased by 3.3 billion kWh (+3%) owing to improved fuel availability. Related columns:- India to extend time-of-use electricity tariffs (June 27, 2023)- India’s electricity supply improves in cooler pre-monsoon (May 26, 2023)- India’s grid strained by burgeoning power demand (March 29, 2023)- India’s low coal stocks threaten electricity supply (January 27, 2023)John Kemp is a Reuters market analyst.

Persons: India's, Sunil Kataria, John Kemp, Susan Fenton Organizations: REUTERS, Grid Controller, Thomson, Reuters Locations: Modhera, Gujarat, India

Petroleum consumption increased to 135 million metric tons in the first seven months of 2023 from 128 million metric tons in the same period in 2022. The increase in the first seven months was equivalent to roughly 255,000 barrels per day (bpd), down from growth of 415,000 bpd in 2021/22. Chartbook: India's petroleum consumptionOil consumption growth of roughly 5% to 6% per year is consistent with the same reported growth in manufacturing output. But it compares with growth of more than 1.0 million bpd in U.S. oil production in the first five months of 2023. The relatively sluggish growth in India’s consumption has therefore added to downward pressure on crude petroleum prices so far in 2023.

Persons: Amit Dave, John Kemp, Jonathan Oatis Organizations: Natural Gas Corp, REUTERS, Petroleum, Thomson, Reuters Locations: Ahmedabad, India, South, East Asia, North America, Europe, China

China generated 121 billion kilowatt-hours (kWh) from hydro in July 2023, down from 146 billion kWh in the same month a year earlier, and the lowest since 2015. China also boosted generation from wind farms (+16 billion kWh) and solar farms (+5 billion kWh) compared with July 2022. But without the extra generation from thermal (+44 billion kWh) it could not have offset the drop in hydro (-25 billion kWh) while meeting growth in load (+40 billion kWh). SOUTH CHINA DROUGHTFour-fifths of China’s total hydro generation comes from provinces along the Yangtze River system and further south. Facing continued restrictions on hydro generation, coal-fired generation, coal production and coal imports will have to rise even further.

Persons: Doksuri, John Kemp, Bernadette Baum Organizations: REUTERS, National Bureau of Statistics, East, Thomson, Reuters Locations: Qiaojia, Yunnan province, Ningnan, Sichuan province, China, Hebei, Beijing, Chartbook, CHINA, Sichuan, Yunnan, Hubei, Guizhou, Guangxi, Hunan, Fujian, Guangdong, Chongqing, Yibin

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAug 21 (Reuters) - A U.S. judge has blocked the state of Georgia from enforcing a new Republican-backed law that bars doctors from providing hormone replacement therapy to treat gender dysphoria in transgender children under age 18. The ruling marked the latest instance of a federal judge blocking a law banning medical procedures for transgender youth. The judge said that amounts to a form of unconstitutional sex discrimination because a minor's sex at birth determines whether that child can receive a given form of medical treatment. The state argued that banning hormone therapy was justified by the risk that an individual may later in life regret the physical changes brought on by hormone replacement therapy. By contrast, research showed mental health benefits from allowing the treatment of gender dysphoria, the judge said.

Persons: Brendan McDermid, Sarah Geraghty, Christopher Carr, Kara Richardson, Brian Kemp, Geraghty, Joe Biden, Georgia, Nate Raymond, Will Dunham, Alexia Garamfalvi Organizations: Trump, City Hall, REUTERS, Republican, U.S, U.S . Constitution, Circuit, Appeals, Democratic, Thomson Locations: New York City, U.S, Georgia, Atlanta, U.S ., Boston

Position-taking was also likely hit by the traditional seasonal torpor that descends in the middle of August with many senior trading and investment staff across North America and Europe on holiday. Purchases of Brent (+20 million barrels), U.S. gasoline (+6 million) and European gas oil (+4 million) were offset by sales of NYMEX and ICE WTI (-29 million) and U.S. diesel (-1 million). Funds held a net long position of 707 billion cubic feet (47th percentile for all weeks since 2010) up from a net short position of 1,061 billion cubic feet (7th percentile) at the end of January. Working gas inventories in underground storage were +188 billion cubic feet (+7% or +0.58 standard deviations) above the prior 10-year seasonal average on Aug. 11. The surplus has narrowed consistently from +299 billion cubic feet (+12% or +0.81 standard deviations) at the end of June.

Persons: John Kemp, David Evans Organizations: North, ICE, U.S . diesel, U.S, Thomson, Reuters Locations: North America, Europe, Brent, U.S

☆ Trump Wasn’t Invited to This Georgia Event, but His Presence Was Still Felt
▼ + stars: | 2023-08-19 | by ( Maya King | More About Maya King | ) www.nytimes.com time to read: +2 min

On and offstage, participants and attendees alike said they believed that defeating President Biden would not be possible as long as the party repeated Mr. Trump’s assertions that the 2020 election was stolen. Georgia will play a pivotal role in the outcome of the general election, both because of recent election outcomes and because the state has the jurisdiction in the most recent Trump indictment. Brian Kemp, one of the few figures who was asked about and who directly addressed Mr. Trump. He still has a solid, double-digit lead over his rivals, according to recent state and national polls. At the weekend event, themed “Forward: Which Way,” attendees saw a chance to hear voices other than Mr. Trump’s.

Persons: Biden, Trump, ”, Brian Kemp, Mr, Tucker Carlson, Trump’s, Tim Scott of, DeSantis, Vivek Ramaswamy Organizations: White, Republican, Fox News Locations: Georgia, Tim Scott of South Carolina, Iowa, Florida

☆ A former Giuliani mayoral staffer says Fani Willis will be talked about as a future Georgia governor or vice president if she convicts Trump
▼ + stars: | 2023-08-19 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

An ex-Giuliani staffer told Politico that Fani Willis will be a "superstar" if she convicts Trump. Giuliani during an appearance on Newsmax earlier this week firmly rejected Willis' use of RICO statutes in the Georgia case. Since November 2020, Trump has cast doubt on now-President Joe Biden's 2020 victory in Georgia, despite no evidence of voting irregularities and vote counts affirming the final results. After decades of GOP dominance on the presidential level, Georgia backed Biden by roughly 12,000 votes out of 5 million ballots cast. Shortly after the 2020 election, Trump pushed Gov.

Persons: Giuliani, Politico, Fani Willis, Trump, —, Donald Trump, Willis, Racketeer, Rudy Giuliani —, Willis —, Joe Biden's, Biden, Brian Kemp, Brad Raffensperger, president's Organizations: Trump, Service, Organization, New York City, Mafia, Politico, Gov, Biden's Locations: Wall, Silicon, Fulton County, Georgia, United States, New York, Atlanta and Washington

REUTERS/Ernest Scheyder Acquire Licensing RightsLONDON, Aug 17 (Reuters) - Production cuts announced by Saudi Arabia and its OPEC⁺ allies are expected to tighten the global petroleum market moderately over the remainder of 2023 and into the first quarter of 2024. Since then, additional production cuts announced by Saudi Arabia will remove an extra 90 million barrels from the market between July and September. Russia has also announced extra cuts amounting to 25 million barrels in August and September, assuming they are implemented in full. Related columns:- U.S. oil and gas production begins to flatten (August 4, 2023)- Saudi output cut removes downside risk from oil market (July 12, 2023)- Is oil market’s glass half-full or half-empty? (June 29, 2023)- Frustrated oil bulls made to wait for price recovery (June 22, 2023)John Kemp is a Reuters market analyst.

Persons: Ernest Scheyder, Brent, John Kemp, Paul Simao Organizations: REUTERS, OPEC ⁺, OECD, U.S . Energy Information Administration, of, Petroleum, OPEC, Thomson, Reuters Locations: Midland , Texas, U.S, Saudi Arabia, Russia, European, China, Saudi, United States, Europe, Asia

☆ Calls for Georgia Leaders to Stymie Trump Prosecution Fall Flat, So Far
▼ + stars: | 2023-08-17 | by ( Rick Rojas | More About Rick Rojas | ) www.nytimes.com time to read: +1 min

The racketeering case against Donald J. Trump and his allies in Georgia has ignited outrage among staunch supporters of the former president, pushing some to urge the Republican-controlled state legislature to find a way to intervene. Change the state’s rules on pardons to empower the governor to absolve Mr. Trump and his associates should they be convicted — that has been one suggestion making the rounds on social media and conservative talk shows this week. And on Thursday, a state senator from rural northwest Georgia sent a letter to the Republican governor, Brian Kemp, demanding an emergency special session for “the review and response to the actions of Fani Willis,” the Fulton County district attorney who is leading the case. The odds of any of that coming to fruition anytime soon: slim to nonexistent. “It ain’t going to happen,” said Charles S. Bullock III, a political science professor at the University of Georgia, who is considered a leading scholar on politics in Georgia and the South, which he has studied for more than five decades.

Persons: Donald J, Trump, Mr, Brian Kemp, Fani Willis, ”, Charles S, Bullock Organizations: Republican, University of Georgia Locations: Georgia, Fulton County

I mean, this is not even possible,” Trump said on Fox Business. Thursday evening, however, Trump wrote on Truth Social that the event was “no longer necessary” because his legal team would present the evidence to support his claims in court. Trump had informed a few of his advisers about the press event he announced for Monday at 11 a.m. at his Bedminster golf club. Trump has made false claims about election fraud for nearly three years without proof. Harrington has been a serial promoter of lies about the 2020 election, as CNN has reported.

Persons: Donald Trump, ” Trump, they’re, ”, Trump, “, Brian Kemp, Brad Raffensperger, Liz Harrington, Harrington Organizations: CNN, Fox Business, Republican Party, News Conference, Georgia Gov Locations: Georgia, Atlanta, Bedminster

☆ Brian Kemp’s Election Reality Test
▼ + stars: | 2023-08-16 | by ( The Editorial Board | ) 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/articles/brian-kemp-georgia-2020-election-donald-trump-indictment-d7049de4

Persons: Dow Jones, brian, kemp, donald, d7049de4 Locations: georgia

Georgia Republicans say they know a winning message for 2024: Under President Biden, voters are struggling with inflation, gas prices are on the rise and undocumented migrants are streaming across the southern border. But they fear Donald J. Trump, the front-runner for the Republican nomination, won’t be able to stay on message. Mr. Trump’s obsession with the 2020 election, now heightened by two criminal cases over his efforts to steal it, threatens to reopen wounds in the state’s G.O.P. If Mr. Trump is the nominee, it’s unlikely he would contain his vitriol toward the officials who defied him to certify the 2020 election results, including the state’s popular governor — making for potential competing visions. “I don’t think he’ll let us” unite, said Jack Kingston, a former House Republican from Georgia and a Trump ally.

Persons: Biden, Donald J, Trump, won’t, —, “, Jack Kingston, Brian Kemp, ” Organizations: Republicans, Republican Locations: Georgia

REUTERS/Thomas Peter/Files Acquire Licensing RightsLONDON, Aug 16 (Reuters) - China's top energy official has called for more secrecy in the country’s energy sector to protect national security in an increasingly hostile international environment. U.S. officials are keen to play down analogies between the intensifying strategic rivalry between China and the United States and the Cold War between the United States and the Soviet Union. The result is likely to be a more suspicious and cautious approach to cooperation on energy issues including emissions reductions. He warned about the increasing information security risks posed by smart phones, social media and hacking. Zhang called for “sober awareness” of these challenges and correct handling of the relationship between energy supply and energy security.

Persons: Thomas Peter, ” Zhang Jianhua, Zhang, Xi Jinping, John Kemp, Tomasz Janowski Organizations: REUTERS, National Energy Administration, Energy, Thomson, Reuters Locations: Wu'an, Hebei province, China, United States, Soviet Union, Ukraine

☆ Marjorie Taylor Greene floats a 2026 Senate run after rumored candidate Brian Kemp told Trump the 2020 presidential election in Georgia 'was not stolen'
▼ + stars: | 2023-08-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Kemp should instead have criticized Trump's Georgia indictment. Brian Kemp forcefully pushed back against former President Donald Trump's 2020 election claims, according to The Atlanta Journal-Constitution. "His message should have been against this, not arguing with President Trump about the election and making it about his own ego and pride over Georgia's election," she told the newspaper. Am I going to be a part of President Trump's Cabinet if he wins? "The 2020 election in Georgia was not stolen," Kemp wrote.

Persons: MTG, Kemp, Trump's, Greene, Marjorie Taylor Greene of, Brian Kemp, Donald Trump's, Trump, Democratic Sen, Jon Ossoff, Joe Biden's, Biden, — Organizations: Gov, AJC . Rep, Service, The Atlanta, Republican, Senate, Democratic, GOP, AJC, Trump Locations: Trump's Georgia, Wall, Silicon, Marjorie Taylor Greene of Georgia, Fulton County, Georgia, Waco , Texas

☆ Nolan Arenado powers Cards past A's for 3rd straight win
▼ + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

August 16 - Nolan Arenado went 4-for-5 with a two-run homer as the St. Louis Cardinals defeated the visiting Oakland Athletics 6-2 on Tuesday. Lars Nootbaar hit a single, Paul Goldschmidt followed with an RBI double and Arenado ripped his two-run homer. The A's finally got to Hudson in the seventh inning. St. Louis loaded the bases again in the seventh inning, but Motter hit an inning-ending grounder. Edman hit his homer in the eighth inning to increase the St. Louis lead to 6-2.

Persons: Nolan Arenado, Jordan Walker, Tommy Edman, Lawrence Butler, Louis outhit, Dakota Hudson, Spenser Watkins, Lars Nootbaar, Paul Goldschmidt, Arenado, Hudson, Nick Allen, Esteury Ruiz, Allen, Ruiz, Walker, Andrew Knizner's, Knizner, Tony Kemp, Taylor, Nootbaar, Goldschmidt, Tyler Soderstrom, Butler, Louis, Edman Organizations: Louis Cardinals, Oakland Athletics, Cardinals, Thomson

WASHINGTON, Aug 15 (Reuters) - The indictment of Former President Donald Trump for interfering in the 2020 presidential election in Georgia will be the biggest case of prosecutor Fani Willis' career, but it will not be her first contentious prosecution. “She’s not afraid of big cases,” said Gerald Griggs, a criminal defense attorney and president of the Georgia state conference of the NAACP. Willis worked from 2001 to 2018 in the Fulton County prosecutor's office, then won election as county prosecutor in 2020, defeating her former boss, Paul Howard. Willis campaigned on building leniency programs for some low-level offenders, but also adopted a hard line on violent crime and gang activity. “Anybody that thinks they can unleash insults from a podium and that’s going to shake Fani Willis is sorely mistaken."

Persons: Donald Trump, Fani Willis, Willis, Trump, She’s, ”, Gerald Griggs, “ She’s, Brian Kemp, Elijah Nouvelage Georgia's, Jeffery Lamar Williams, Young, Jay Abt, ” Abt, Kamala Harris, Paul Howard, Griggs, ” Griggs, Andrew Goudsward, Tom Hals, David Bario, Alistair Bell Organizations: NAACP, Republican, Democrat, Trump, Georgia, Fulton, REUTERS, South Atlanta Magazine, Black Panther Party, Howard University, Washington , D.C, Emory University School of Law, Thomson Locations: Georgia, Fulton County, overreach, Atlanta, Georgia's, Atlanta , Georgia, U.S, Washington ,, Washington, Wilimington , Delaware

Mark Meadows, Trump's former White House chief of staff, and lawyers Rudy Giuliani and John Eastman were among those charged. "Rather than abide by Georgia's legal process for election challenges, the defendants engaged in a criminal, racketeering enterprise to overturn Georgia's presidential election result," Willis said at a press conference. A third indictment, in Washington federal court, accuses him of illegally seeking to overturn his 2020 election defeat. Trump persists in falsely claiming he won the November 2020 election although dozens of court cases and state probes have found no evidence to support his claim. Willis's investigation drew on testimony from Trump advisers including Giuliani, who urged state lawmakers in December 2020 not to certify the election, and Republican state officials like Raffensperger and Governor Brian Kemp, who refused to echo Trump's false election claims.

Persons: Donald Trump, Democrat Joe Biden, Fani Willis, Mark Meadows, Rudy Giuliani, John Eastman, Willis, Trump, Drew Findling, Jennifer Little, Marissa Goldberg, Georgia's, Brad Raffensperger, Trump's, Prosecutors, Giuliani, Meadows, Scott Morgan, Brian Kemp, Kemp, Raffensperger, Jean Carroll, Sarah N, Lynch, Rami Ayyub, Jack Queen, Tim Ahmann, Andrew Goudsward, Kanishka Singh, Nilutpal, Andy Sullivan, Scott Malone, Howard Goller Organizations: Former U.S, Democrat, Fulton, Trump, Republican, White House, Reuters, U.S . Capitol, Electoral College, Fair, REUTERS, Thomson Locations: Former, Georgia, Fulton County, Trump's, Arizona , Pennsylvania, Iowa, Des Moines , Iowa, U.S, New York, Florida, Washington

"Trump and the other defendants charged in this indictment refused to accept that Trump lost, and they knowingly and willfully joined a conspiracy to unlawfully change the outcome of the election in favor of Trump," the indictment said. A third indictment, in Washington federal court, accuses him of illegally seeking to overturn his 2020 election defeat. Trump denies wrongdoing in this case as well, and a trial date has yet to be set. Willis's investigation drew on testimony from Trump advisers including Giuliani, who urged state lawmakers in December 2020 not to certify the election, and Republican state officials like Raffensperger and Governor Brian Kemp, who refused to echo Trump's false election claims. While many Republican officials have echoed Trump's false election claims, Kemp and Raffensperger have refused to do so.

Persons: Donald Trump, Evelyn Hockstein, Democrat Joe Biden, Fani Willis, Mark Meadows, Rudy Giuliani, John Eastman, Trump, Georgia's, Brad Raffensperger, Trump's, Prosecutors, Willis, Giuliani, Brian Kemp, Kemp, Raffensperger, Jean Carroll, Jack Queen, Tim Ahmann, Jacqueline Thomsen, Andy Sullivan, Scott Malone, Howard Goller Organizations: Fair, REUTERS, Former U.S, Democrat, Trump, Republican, White House, U.S . Capitol, Electoral College, Giuliani, Meadows, Reuters, Thomson Locations: Iowa, Des Moines , Iowa, U.S, Former, Georgia, Fulton County, Trump's, Georgia county, Arizona , Pennsylvania, New York, Florida, Washington, York

☆ Focus: US space startups' latest struggles marked by layoffs, shake-ups
▼ + stars: | 2023-08-15 | by ( Joey Roulette | ) www.reuters.com time to read: +4 min

REUTERS/Mike Blake/File PhotoWASHINGTON, Aug 15 (Reuters) - U.S. space startups have slashed workforces and restructured operations to survive amid an investment drought that has grounded once-lofty aspirations. Those struggles follow the April bankruptcy filing by satellite launch firm Virgin Orbit, which was owned by billionaire Richard Branson. "The focus for investors in this space is very different than what it was a couple years ago. The financial headwinds faced by rocket startups have triggered pain elsewhere as well. It shifted much of its focus to government defense programs as its commercial customers face tight capital markets, CEO Laurienti said.

Persons: Mike Blake, Jeff Bezos, Richard Branson, Joe Laurienti, Caleb Henry, Chris Kemp, Will Marshall, Quilty's Henry, Laurienti, Joey Roulette, Ben Klayman, Matthew Lewis Organizations: REUTERS, Elon, SpaceX, Astra, Labs, Ursa, Reuters, Planet Labs, Thomson Locations: Long Beach , California, U.S, Denver, Washington

Chartbook: Texas electricity consumptionBut the primary driver of record consumption has been the rapid growth in the state’s resident population and economy rather than the weather. Power consumption increased at a compound annual rate of 1.7% between 2003 and 2022 – broadly in line with the compound population increase of 1.6%. Rising population explains almost all the structural increase in power consumption over the last two decades, based on data from the U.S. Energy Information Administration. Given underlying load growth, consumption will continue hitting new records each summer unless temperatures are well below average. Related column:- Don’t blame the weather for Texas power shortages (July 14, 2022)John Kemp is a Reuters market analyst.

Persons: Callaghan, John Kemp, Emelia Sithole Organizations: REUTERS, Electric, of Texas, Climate Prediction, U.S . Energy Information Administration, Thomson, Reuters Locations: Houston , Texas, U.S, Texas, Chartbook

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