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US solar projects could boom amid deadline to use up tax-exempt panel glut Jun 6, 2024 06:09AM

By Nichola Groom

(Reuters) - A two-year U.S. tariff holiday on solar panels from Southeast Asia expires on Thursday, starting the clock ticking for American project developers to use the huge amount of equipment they stockpiled duty-free over that period by the end of this year.

The dynamic could result in a mini-boom in already red-hot U.S. solar installations, while also annoying the nascent domestic manufacturing industry which is keen... (continue reading...)


Small business may show a coming US hiring slowdown Jun 6, 2024 06:09AM

By Howard Schneider

(Reuters) - Like many firms during the pandemic Worxbee, a small business that provides virtual executive assistant services, brought on bodies when Chief Executive Kenzie Biggins thought she found a good match.

Peaking at 11 people, the hiring in the end proved an overreach, and Biggins' staffing is now down to six, mostly through attrition. She's intent on using technology and smarter management to keep it there.

... (continue reading...)
Washington state pioneers program to turn inmates into wildland firefighters Jun 6, 2024 06:08AM

By Matt McKnight

SPOKANE, Washington (Reuters) - The inmates of Washington state's prison system tramp through the forest, their yellow uniforms and helmets bright against the brown branches and green leaves.

They are Arcadia 20, or ARC 20, an elite group of firefighters based in Spokane who have been recruited from existing firefighting prison camps.

The aim? Teach the inmates the skills needed to help prevent forest fires... (continue reading...)


How Devon Energy missed out on the US oil and gas mega-deal wave Jun 6, 2024 06:05AM

By David French and Arathy Somasekhar

(Reuters) - U.S. oil and gas producer Devon Energy has lost bids to acquire at least three of its peers in the last 12 months because its shares were spurned as acquisition currency, according to people familiar with the negotiations.

Devon missed out on the sector's dealmaking boom by losing to ConocoPhillips the $22 billion deal to acquire Marathon Oil, failing to beat Occidental Petroleum's $12... (continue reading...)


Trump in liberal San Francisco for high-dollar tech fundraiser Jun 6, 2024 06:04AM

By Alexandra Ulmer

SAN FRANCISCO (Reuters) - Republican presidential candidate Donald Trump will attend a fundraiser hosted by two tech venture capitalists in San Francisco on Thursday, a high-dollar event expected to draw Silicon Valley investors turned off by the Biden administration's policies.

Venture capitalists David Sacks and Chamath Palihapitiya, as well as Sacks' wife Jacqueline, will host the reception and dinner with Trump,... (continue reading...)


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