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Stalled PennEast pipeline wins backing

Bloomberg A controversial $1 billion shale gas pipeline that’s been stalled by a dispute over whether it can seize state-owned land for construction won the backing of the nation’s top energy regulator. PennEast had sought the support of the Federal Energy Regulatory Commission (FERC) after a court decision prevented it from exercising eminent domain in New Jersey. Its developers — ...

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Johnson, Barnier clash over who sets Brexit trade rules

Bloomberg The Brexit battle between the UK and the European Union (EU) resumed as British leader Boris Johnson clashed with the bloc’s chief negotiator Michel Barnier at the start of 11 months of talks on a future trade deal. The pound fell. Barnier said in Brussels that a “highly ambitious” trade deal is on offer for the UK — but ...

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Facebook to pay $550m in biometric privacy accord

Bloomberg Facebook Inc agreed to pay $550 million to resolve claims it collected user biometric data without consent in one of the largest consumer privacy settlements in US history. The accord, which requires a judge’s approval, will avert a trial that may have exposed the social networking company to billions of dollars in damages. Facebook fought unsuccessfully to persuade the ...

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