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Talen Energy plans push into crypto, creditors frown

Bloomberg Talen Energy Corp, a debt-laden power producer operating in the US Northeast and Texas, unveiled a sweeping plan to focus more on clean energy and expand into crypto mining. Its bondholders aren’t sold. The Woodlands, Texas-based company pitched prospective investors on the strategy, which would require it to raise as much as $800 million in new equity to fund ...

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How Brits can visit Spain, Italy, Greece this summer

Britain’s guidance on where Brits can go on holiday is about as clear as a pair of sunglasses smudged with sunscreen. This is creating headaches for everyone: people trying to plan vacations; countries like Spain and Greece that depend on summer tourists; and travel companies such as EasyJet Plc, Ryanair Holdings Plc and TUI Plc. Johan Lundgren, chief executive officer ...

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Cars may get a lot more expensive

Cars are about to get a lot more expensive. Manufacturers and drivers should brace themselves. The price of everything that goes into a vehicle is going up. Raw materials — from the steel used for bodies, gear parts and frames to the plastic that winds up in bumpers and doors trims — account for a big portion of manufacturing costs. ...

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