Bloomberg The US West Coast is set to have its hottest two weeks in 70 years, putting even more strain on power grids after California imposed rolling blackouts for the first time since 2001. Excessive heat warnings and watches stretch from the Pacific Coast inland to Montana, Utah and Arizona, according to the National Weather Service. Sacramento is forecast to …

Bloomberg Hitachi Ltd subsidiary Horizon Nuclear Power has been holding detailed conversations with UK government officials in recent weeks to revive plans for a proposed nuclear power plant in north Wales, the Financial Times reported. Horizon has been trying to convince ministers that plans for the Wylfa Newydd plant on Anglesey could be quickly restarted if they can produce a …

Bloomberg On the surface the rebound in US retail sales is a V-shaped recovery, but the overall figure obscures lingering economic pain across many of America’s businesses. After a third straight monthly increase, albeit a weaker gain than expected, the total value of US retail sales has rebounded above pre-pandemic levels. But the composition of spending looks substantially different than …