Xcel Energy is seeking approval to double battery storage capacity at its Sherco coal plant in Minnesota. The utility wants to boost storage from 300 MW to 600 MW at the facility scheduled to retire in 2030. Construction would begin in 2026 with operations starting in late 2027.
IBM is cutting thousands of jobs in the fourth quarter, targeting a “low single-digit percentage” of its global workforce. The company employed 270,000 people at the end of 2024, meaning even a 1% cut would eliminate 2,700 positions.
Three major industrial automation organizations have teamed up to create a universal standard for location data. This new OPC UA specification aims to give machines a shared understanding of space. It’s being called a milestone for enabling Physical AI and autonomous systems.
The UK conglomerate is reviewing ownership of both businesses with its largest shareholder, Wittington Investments. ABF shares have risen 70% over five years, outperforming the FTSE 100.
The First Brands collapse represents more than simple fraud—it exposes systemic vulnerabilities in modern corporate finance practices. The alleged $12 billion implosion reveals how sophisticated financial engineering can mask fundamental operational weaknesses.
Researchers have developed an automated platform that could revolutionize how we engineer crops for climate resilience. By enabling high-throughput testing of chloroplast modifications, this technology promises to dramatically accelerate the development of more productive, stress-tolerant plants.
Researchers have achieved a breakthrough in space medicine by 3D printing viable muscle tissue during parabolic flights. This gravity-free manufacturing could revolutionize how we study diseases and test treatments in orbit.
Tesla’s European sales have collapsed by nearly 90% in key markets, with Sweden seeing an 89% drop and Denmark an 86% decline. The timing couldn’t be worse as Elon Musk pursues the largest corporate payout in history while the company faces unprecedented challenges.
First Solar is accelerating US manufacturing as trade headwinds batter imported solar components. The company faces a $324M contract dispute while navigating corporate energy transition hesitations.
The softwood lumber dispute has escalated to unprecedented levels with 45% tariffs on Canadian exports. This isn’t just about sawmills—it’s an existential crisis for B.C.’s entire forestry ecosystem and the communities that depend on it.
