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US Data Center Boom Slows Due to Power Grid Limits, Consultancy Says US data center development has slowed because the power grid is reaching its limit to accommodate more large facilities, according to research from energy consultancy Wood Mackenzie. Developers added data centers that would consume about 25 gigawatts of electricity to …
POSTED MARCH 16, 2026 2:28 PM |
US Charges Man Accused of Selling Gun to Old Dominion University Shooter A man was charged week with selling a stolen gun to Mohamed Bailor Jalloh, a former member of the Army National Guard who used it to kill one person and wound two others at Old Dominion University, federal authorities said. …
POSTED MARCH 16, 2026 2:23 PM |
TPG Launches Third Wave Brokerage, Which Acquires Palmer & Cay in Atlanta In a three-way deal, TPG, an asset management firm, has launched an insurance brokerage with offices in South Carolina. That brokerage, Third Wave Insurance, has acquired Palmer & Cay, an insurance and employee benefits brokerage in Atlanta. Palmer & Cay, …
POSTED MARCH 16, 2026 2:12 PM |
Starbucks May Be Neglecting Labor Dispute Risks, Shareholder Proxy Firms Warn Starbucks may be neglecting the financial and reputational risks that stem from labor disputes, two proxy advisory firms are warning shareholders. The warnings come more than a year after contract talks between the company and its U.S. union, formed by …
POSTED MARCH 16, 2026 1:49 PM |
AIG, McGill Announce Collaboration to Potentially Transform Subscription Market McGill and Partners and American International Group said they collaborating to perhaps disrupt the subscription market—using agentic artificial intelligence to deploy capital to clients. AIG said the digital-first platform of the London-based independent broker allowed the insurer to conduct a …
POSTED MARCH 16, 2026 12:53 PM |
Iran War Should Trigger Faster Exit From Fossil Fuel Dependence: UN Climate Chief The disruption to energy markets caused by the Iran war is a lesson on the risks of relying on fossil fuels which should drive governments to wean their economies off oil and gas faster, the U.N. climate secretary told Reuters …
POSTED MARCH 16, 2026 12:47 PM |
SiriusPoint Restructures Business, Now Operating Through Four Business Areas SiriusPoint Ltd., the Bermuda-based specialty underwriter, announced changes to its business structure as part of the next phase of the company’s evolution. SiriusPoint will now operate through four business areas, including three globally focused P&Ls: Global P&C Programs, Global Reinsurance, …
POSTED MARCH 16, 2026 12:19 PM |
A Backlash Against Data Centers Is Spilling Into French Municipal Election Races In the town of Le Bourget outside Paris, Sofiane Milous, a candidate in France’s municipal elections, is vowing to reverse plans for a data center he says will intensify heat islands, worsen noise pollution and create few local jobs. The …
POSTED MARCH 16, 2026 11:11 AM |
Why Is it so Easy for Iran to Shut the Strait of Hormuz? Following through on an old threat, Iran has effectively closed the Strait of Hormuz, cutting off a vital waterway that normally carries about a fifth of global oil and liquefied natural gas supplies, in retaliation for U.S.-Israeli strikes. As oil …
POSTED MARCH 16, 2026 9:53 AM |
Iowa Enacts Law Banning Local Gender Identity Protections A new Iowa law bans local nondiscrimination protections on the basis of gender identity after the state became the first in the U.S. to rollback its civil rights code last year. The preemption law took effect Tuesday, as soon as …
POSTED MARCH 16, 2026 9:00 AM |
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