Our adorable snowmen are both creative and functional
Our adorable snowmen are both creative and functional
Lawyers for families of a fatal Boeing Co 737 MAX crash in Ethiopia are seeking testimony from the planemaker's chief executive Dave Calhoun and his predecessor Dennis Muilenburg, among other current and former employees, according to a court filing. The Boeing 737 MAX crash on Ethiopian Airlines on March 10, 2019, occurred five months after a similar disaster on a Lion Air flight, together killing 346 people and sparking a hailstorm of investigations and lawsuits. While Boeing has mostly settled civil litigation stemming from the Lion Air crash, it is still facing over a 100 lawsuits in Chicago federal court related to the second crash.
Ralph Angel and Darla talk wedding plans, and Nova meets Calvin's family for the first time, while Micah experiences his own firsts as a member of a fraternity. Plus, Charley is curious when Parker cancels a meeting, and the COVID-19 threat becomes real.
(Bloomberg) -- Texas lawmakers are grilling power executives, regulators and others for a second day about why the state’s energy system failed last week. So far the hearings have led to plenty of finger-pointing but few clear answers about how to prevent a similar crisis in the future.Executives from Calpine Corp., Vistra Corp. and NRG Energy Inc. blamed natural gas-supply shortages, grid disturbances and a lack of communication from the grid operator known as Ercot. Ercot, meanwhile, said it simply followed the rules and direction set by the state’s Public Utility Commission which, in turn, said it lacked authority to tell Ercot what to do.“This is the largest trainwreck in the history of deregulated electricity,” Republican Senator Brandon Creighton said Thursday.Executives from the electricity retailer Griddy Energy LLC will face questions about customers who have received bills for thousands of dollars. The company’s unique business model sells power based on the wholesale market prices, which skyrocketed when supplies on the grid fell short. And shale driller Diamondback Energy Inc. will be asked about how production and transportation were affected by the storm.The historic outage left more than four million homes and businesses without heat, light and water during a deep winter freeze, causing as much as $129 billion in economic losses. Some electricity providers wracked up huge losses, fueling a possible credit crisis, oil and gas producers saw their output halted and the impact to individual companies is only starting to emerge. Dozens of people died.Highlights From Day One:Texas’s energy regulator said power outages, not ice, were the main reason oil and gas production halted during crisis.Calpine, Vistra and NRG said natural gas shortages affected their ability to operate. The companies also said plants were forced offline after the flow of electricity on the grid -- called frequency -- plunged. That contradicts the version of events presented by Ercot.The CEOs of Vistra and NRG said that their companies wouldn’t pass on to customers the high energy prices from the event.Ercot anticipated that blackouts were possible four to five days beforehand. Calpine’s CEO, however, said it wasn’t warned that a grid emergency was possible.All times Eastern.Power Retailers Complain of Exorbitant Energy Charges (2:08 p.m.)Tom Hancock, the chief executive officer of utility Garland Power & Light, told lawmakers the cost of their ancillary services last week equaled 28 years of ancillary service costs based on last year’s total.Ancillary services help the grid operator maintain reliability on the system, including by infusing the grid with quick bursts of energy that stabilize the flow of electricity.Several retail electricity providers, including Young Energy LLC and Spark Energy Inc., Texas have disputed the costs of those services during last week’s energy crisis, and are seeking emergency relief from the Public Utility Commission. Freepoint Commodities LLC has also appealed to the commission, saying they intend to challenge Ercot’s ancillary service charges and are concerned the grid operator lacks the liquidity to return any successfully disputed payments.Ercot Loses 7th Board Member as Hearings Continue (1:25 p.m.):Texas’s grid operator Ercot lost a seventh board member Friday with the resignation of Clifton Karnei, who represented electric cooperatives. An Ercot spokesperson confirmed the resignation.The board’s chair and vice chair were among other members who resigned earlier this week in the wake of the energy crisis.Utility Says Ercot Hasn’t Paid It in Three Days (12:59 p.m.)The Lower Colorado River Authority, a public utility, has waited for payment from Texas’s grid operator for three days, according to President Phil Wilson. The power provider usually gets paid everyday, he said.The grid operator known as Ercot is currently trying to manage defaults by certain market participants in the wake of the crisis to ensure that generators are paid, officials said during a board meeting Wednesday.Wilson said high energy prices and generation issues during the grid emergency also affected the company’s revenues. “We lost money at the end of the day,” he said, adding that he hopes the utility will end the year “relatively unscathed.”Regulator Didn’t Know Gas Could be Classified ‘Critical Infrastructure’ (11:00 a.m.)The head of Texas’s energy regulator said she, in the lead-up to the blackouts, didn’t know natural gas facilities could be considered “critical infrastructure” spared from outages. “I didn’t know that was an opportunity,” Texas Railroad Commission Chair Christi Craddick told lawmakers during a house hearing Friday.Oncor Chief Executive Officer Allen Nye, speaking in a simultaneous senate hearing, said only 35 gas facilities were on his critical infrastructure list going into the event. The power distributor, which was responsible for implementing the blackouts ordered by the grid operator, added 168 facilities after receiving calls from the Railroad Commission and gas suppliers.‘Enormous’ Financial Obligations May Lead to Power Bankruptcies (12 a.m.)With sky-high wholesale power prices in place for days, power retailers and cooperatives in Texas racked up an “enormous amount of obligations” to generators, the state’s main grid operator said.Combined payments owed to generators hit $10 billion one day during the blackouts and $9.5 billion another, Ercot Chief Executive Officer Bill Magness said in a hearing at the state House of Representatives. Participants and cooperatives that owe those bills may have trouble paying and some may file for bankruptcy, he said.Another problem on the horizon is if some retailers aren’t able to pay, it’s unclear how the debt will be paid to the generators, Magness said. The agency is currently trying to determine how many won’t be able to pay so it can come up with an answer, he said.“We’re running into a big issue on the financial side because magnitude of money owed is enormous,” Magness said. “If a generator doesn’t get paid, we may lose generation on system, then that becomes an operational problem.”READ ALSO: Texas Cities Fret as Power Bills Mount in Wake of BlackoutsTexas’ $9,000 Power Price Cap ‘Didn’t Work,’ Regulator Says (11 p.m.)Texas’ $9,000-per-megawatt-hour maximum power price didn’t work during recent blackouts, Public Utility Commission Chairwoman DeAnn Walker said during a state House of Representatives hearing.The rate was set to entice generators to produce more power or for customers to consume less when reserves get low, and it has worked well during summer peaks, mostly because big industrial customers don’t want to pay the stiff bill, Walker said.During the power outages, the PUC ordered Ercot to keep the price at the cap to try to maximize generation, and prices were at or above that level for seven straight days, yet millions were still in the dark for days.“It didn’t work, and we have to fix that,” Walker said. “It’s a very complicated issue and I don’t have any ideas right now, but we need to work together to figure that out.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
The UFC has been feeding Rozenstruik a diet of strikers, with his last three opponents being Alistair Overeem, Ngannou and Junior dos Santos. On Saturday (8 p.m. ET, ESPN+), he’ll get another when he meets unbeaten Ciryl Gane in the main event of UFC Vegas 20 at Apex.
Pfizer can now store its COVID vaccine at normal freezer temperatures, with the FDA hoping the authorization will help get the vaccine to more facilities.
U.S. Treasury yields pull back Friday, offering some respite for market participants grappling with the speed of the bond-market selloff this week.
Perched high above the ground, these dreamy, treetop cabins have views for days.From Best Products
Column: The Equality Act would jeopardize opportunities and maybe safety for many female athletes. It would make the playing field even more unequal.
ABC is expanding its coverage of race issues by launching the first broadcast network news magazine dedicated to Black life in America.
Top female leaders in beauty share the questions they ask during job interviews.
The new Museum of Art & Photography in Bengaluru, India, is already breaking new ground, and it hasn't even opened its physical doors.
A $15 minimum wage is overwhelmingly popular but can’t get 60 votes in the Senate. The same is true for most of the Democratic Party’s major priorities.
The Pentagon’s announcement that that U.S. forces conducted deadly airstrikes in Syria sparked complaints from some of President Joe Biden’s Democratic allies that he overreached, while key Republicans applauded the move.
The shooting stemmed from an argument that erupted in the victim’s front yard, police said.
Sometimes the man you don’t notice is the most dangerous of all. Emmy winner Bob Odenkirk (Better Call Saul, The Post, Nebraska) stars as Hutch Mansell, an underestimated and overlooked dad and husband, taking life’s indignities on the chin and never pushing back. A nobody. When two thieves break into his suburban home one night, Hutch declines to defend himself or his family, hoping to prevent serious violence. His teenage son, Blake (Gage Munroe, The Shack), is disappointed in him and his wi
The Recording Industry Association of America (RIAA) has released its year-end revenue report for 2020. And despite a year of enormous hardships, there’s some positive news to share. In the U.S., recorded music revenues grew 9.2% in 2020 to $12.2 billion at estimated retail value, according to the RIAA report. It marks the fifth consecutive […]
Mexican restaurant operator Alsea said on Friday it could pour up to 3.5 billion pesos ($167 million) into capital expenditures this year, which would be close to double last year's spending, as it aims to bounce back from pandemic shutdowns. Alsea, which operates brands including Starbucks, Domino's and Burger King in Mexico, South America and Europe, said it would focus investment on maintaining existing stores and boosting deliveries. "We have some restriction in our covenants from the banks, we have about 3.5 billion pesos maximum as of today to spend in capex," Chief Executive Alberto Torrado said in a call with analysts, adding the company hoped to open about 50 stores this year across the company's markets.
Although financial markets and the real estate market have improved since the March crash, now is a unique time to begin investing in real estate. From the rise of remote work to historically low interest rates, people are relocating, and that’s good news for many markets. In this article, we’ll provide tips on how to invest in real estate during the COVID-19 pandemic and how to prepare for the investment opportunities to come after the pandemic passes.
Looking for more celebrity and entertainment news? Sign up for Yahoo Lifestyle Canada’s newsletter! 2021 marks a very bizarre year for the annual Golden Globes, courtesy of COVID-19. The 78th Golden Globe Awards this Sun. Feb. 28 will be the first time ever that our favourite Hollywood stars won’t get the chance to turn heads on the red carpet before a magical, star-studded evening celebrating the best in television and film. ALSO SEE: How to stream these 15 Golden Globe-nominated movies ahead of 2021's awards show While we won’t have a chance this year to judge luxury gowns that probably cost more than anything we own from the comfort of our living rooms, we can take this opportunity to look back on some of the most memorable Golden Globes red carpet looks from previous years. From fashion hits to mega fails, feast your eyes on the best and worst Golden Globes dresses to ever walk the red carpet — in our not-so-humble opinion, of course. Let us know what you think by commenting below and tweeting @YahooStyleCA! Follow us on Twitter and Instagram and sign up for our newsletter.
Seafood sales hit $16.6 billion in 2020, representing a year-over-year increase of 28.4%, according to new data from the Food Industry Association (FMI).Americans found themselves eating at home more than ever because of the COVID-19 pandemic last year. Many seeking healthier choices increasingly turned to frozen, fresh, and deli seafood, the data shows. And they didn't simply settle for sardines—they indulged, according to Supermarket News. Crab and lobster saw the biggest jump, with sales rising 60.2% and 59.9% respectively. (Related: Grocery Shortages To Expect in 2021, According to Experts.)Consumers also sought out more information about how to cook and flavor the seafood they bought at marketplaces. They turned to store seafood counters, websites, and apps for guidance. And this could signal a change.“The analysis suggests an urgency for food retailers to expand their seafood programs to help sustain consumer awareness of this protein that has emerged in popularity as a result of the pandemic,” Rick Stein, the vice president of fresh foods for FMI, said of the findings. “The call to action among grocers is to focus on seafood nutrition, cooking guidance, meal ideas, and sustainability both in-store and online as ways to maintain shopper interest in seafood.”Back in mid-2020, fresh seafood was actually hard to find during shopping trips. Small fishing boats across the globe were hit hard amid the pandemic, leaving the markets they supplied uncertain. Many restaurants, hotels, and catering services also halted operations, meaning fewer businesses were purchasing fish.For some quick inspiration, here are our favorite 43 Healthy Seafood Recipes That Are Surprisingly Easy to Make. And to get all of the latest grocery store news delivered right to your email inbox every day, sign up for our newsletter!