Europe faces 'scary situation' following mysterious pipeline leaks, former US regulator says

The apparent sabotage of the Nord Stream pipelines running from Russia underscore Europe's massive energy vulnerabilities, former US energy regulator Neil Chatterjee told CNN.
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Europe faces 'scary situation' following mysterious pipeline leaks, former US regulator says
The apparent sabotage of the Nord Stream pipelines running from Russia underscore Europe's massive energy vulnerabilities, former US energy regulator Neil Chatterjee told CNN. Read more »
 
Florida farms are underwater and without power, pushing back critical planting season
About 15% of Nick Wishnatzki's 650-acre family strawberry farm sustained damage from Hurricane Ian. His fields in Duette, Florida, are underwater, and plastic used to protect the carefully prepped fields for planting season in November, were ripped off by Ian's 100-mph winds. That's sent Wishnatzki scrambling to get back on track. Read more »
 
Dow posts its worst month since March 2020
September has been a horrible month for stocks. The Dow is on track to fall more than 7%, its worst monthly drop since March 2020, when pandemic lockdowns started in the United States. The index was in the red Friday too. Read more »
 
Spanx names a new CEO
Spanx, a brand founded by shapewear pioneer Sara Blakely, has named Kim Jones her successor as CEO. Read more »
 
Can Porsche cure an ailing IPO market?
Warnings of global recession are widespread, inflation is persistent and Russia is escalating the crisis in Europe. The macro picture for the economy is bleak, and markets are suffering. But in the midst of all of this turmoil, luxury automaker Porsche managed to make one of the biggest market debuts in European history on Thursday. Read more »
 
The UK economy still hasn't recovered from the pandemic. Now it's on the ropes again
There was good news and bad in Friday's revised data about the UK economy. It grew — marginally — in the second quarter of the year, rather than shrinking as previously estimated. Read more »
 
 
 
 
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