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As the world warms, not everyone stays cool

The grid operator that delivers power to most of Texas set an all-time peak electricity demand record this week for the month of May. Hot weather, a healthy economy and a growing population have all given Electric Reliability Council of Texas Inc. reason to expect record-breaking summer usage. The main driver of warm-weather peaks is air conditioning. Joshua Rhodes of ...

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As Trump forbids Russian pipeline, EU pushes back

Nord Stream 2, the planned Russian natural gas pipeline to Germany across the floor of the Baltic Sea, is the latest front in the growing conflict between Europe and the US. The Wall Street Journal reported that President Donald Trump is demanding that Germany drop Nord Stream 2 as one of the conditions of a trade deal with Europe that ...

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M&S’s attempt at Sparkle should soon fizzle out

Marks & Spencer Group Plc rebranded itself as Markle & Sparkle over the weekend, in honor of the royal wedding. But with so much work in progress, for investors, any celebrations are likely to fall flat. The company will step up the pace of store closures when it announces its annual earnings, Bloomberg News reported. Although the amount of capacity ...

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