Bloomberg Vestas Wind Systems A/S will start selling the world’s biggest offshore wind turbine, standing taller than the highest point of the Golden Gate Bridge. The giant machine, that’ll come into use by 2024, will compete with the skyscraper-sized turbines already on sale by its competitors. The industry is racing to produce increasingly larger machines that generate wind power more …

Bloomberg The biggest US homebuilders group urged the Biden administration to help increase lumber supply, saying record-high costs threaten to price potential home buyers out of the market and curb construction. The administration needs to remove import tariffs on Canadian lumber and urge producers to boost output, the National Association of Home Builders (NAHB) said on its website. In November, the …

Bloomberg In a quiet week by 2021 standards, the speculative excesses that have defined this bull market hit new records with little fanfare. Wild trades from penny stocks and “meme” cryptocurrencies companies surged to all-time highs. US equity indexes rises anew. And skeptics on the everything rally found more reasons to fret over market froth. Stocks have added more than …