Republicans Open New Front In Growing Battle Against "Climate Lawfare" Republicans in Congress are taking action to shield U.S. energy producers from “Climate lawfare,” the relentless barrage of frivolous lawsuits orchestrated by radical environmental activists. Sen. Ted Cruz (R-TX) introduced S.4340, a bill that would bar frivolous lawsuits from green activist groups seeking damages, injunctions,...
Republicans Open New Front In Growing Battle Against "Climate Lawfare" Republicans in Congress are taking action to shield U.S. energy producers from “Climate lawfare,” the relentless barrage of frivolous lawsuits orchestrated by radical environmental activists. Sen. Ted Cruz (R-TX) introduced S.4340, a bill that would bar frivolous lawsuits from green activist groups seeking damages, injunctions, or other relief for harms allegedly caused by the end use of energy products . Senators Ted Budd (R- NC), Tom Cotton (R-AR), and Mike Lee (R-UT) are cosponsoring the legislation. The House companion bill, H.R. 8330, was introduced yesterday by Rep. Harriet Hageman (R-WY). The bill would also void any energy penalty law and preempts any states’ attempts to regulate interstate and global emissions. RELEASE: Sens. Cruz, Cotton, Budd, Lee Introduce Bill to Combat Climate Lawfare and Defend American Energy https://t.co/XN4KgDIhE4 pic.twitter.com/Q3jWNb7J7m — Senator Ted Cruz (@SenTedCruz) April 20, 2026 “Radical environmental groups have waged a coordinated campaign to weaponize our judicial system against American energy producers, including many in Texas,” Cruz said in a statement. “They’re using meritless lawsuits to bankrupt our energy industry, kill good paying jobs, and drive up the cost of electricity and gasoline for hardworking families. I am proud to lead this bill to stop that abuse to protect American jobs, lower energy costs, and defend American energy dominance.” “ Energy security is national security, and we will not self-sabotage our critical industries with a cascade of costly lawsuits and extreme penalties that jeopardize American drilling. America’s energy producers should be protected from the dangerous legal precedent that would be set by the retroactive punishment of lawful activity ,” Hageman said . The bill has already won applause by energy groups aligned with President Donald Trump’s pro-growth agenda. “Green left activists have always gone to extraord...
Amid rising antisemitism and anti-muslim bigotry, community and faith leaders are stressing the need for unity Maurice Ostro, founder patron of the Faiths Forum for London, has been engaged in interfaith work for decades. For much of that time, he said, he was teased by good-natured people who insisted there was little need for it in the UK. “People used to laugh at me for doing this work,” he sai...
Amid rising antisemitism and anti-muslim bigotry, community and faith leaders are stressing the need for unity Maurice Ostro, founder patron of the Faiths Forum for London, has been engaged in interfaith work for decades. For much of that time, he said, he was teased by good-natured people who insisted there was little need for it in the UK. “People used to laugh at me for doing this work,” he said, but now, amid record-breaking incidents of antisemitism and anti-muslim hatred , the jokes have stopped. Continue reading...
CCI beats Q1 AFFO and revenue estimates despite DISH-related headwinds, as leasing trends hold steady and strategic restructuring and asset sales plans stay on track.
CCI beats Q1 AFFO and revenue estimates despite DISH-related headwinds, as leasing trends hold steady and strategic restructuring and asset sales plans stay on track.
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Crude surges as tensions escalate in the Strait of Hormuz, rattling global markets. Blackstone’s Jon Gray doubles down, calling for the firm’s “best year ever” as IPO momentum builds. Plus, a wave of earnings—Tesla ramps AI spending to $25 billion, American Airlines braces for soaring fuel costs, ...
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Crude surges as tensions escalate in the Strait of Hormuz, rattling global markets. Blackstone’s Jon Gray doubles down, calling for the firm’s “best year ever” as IPO momentum builds. Plus, a wave of earnings—Tesla ramps AI spending to $25 billion, American Airlines braces for soaring fuel costs, and American Express sees travel demand cool. ServiceNow’s Bill McDermott says growth is still the story. (Source: Bloomberg)
With the EU approving a €90bn loan for Ukraine, a surprise visit from Prince Harry, and data suggesting Russian troops made almost no territorial gains in March - are there reasons for optimism in Kyiv? Lucy Hough speaks to senior international correspondent Luke Harding Continue reading...
With the EU approving a €90bn loan for Ukraine, a surprise visit from Prince Harry, and data suggesting Russian troops made almost no territorial gains in March - are there reasons for optimism in Kyiv? Lucy Hough speaks to senior international correspondent Luke Harding Continue reading...
Earnings Call Insights: Huntington Bancshares (HBAN) Q1 2026 Management View “We delivered an outstanding first quarter by all measures, driven by disciplined execution across the franchise that is translating into strong profitability and returns,” said (Chairman, President & CEO Stephen Steinour), while adding that conditions in Huntington’s footprint are “remaining consistent with prior quarter...
Earnings Call Insights: Huntington Bancshares (HBAN) Q1 2026 Management View “We delivered an outstanding first quarter by all measures, driven by disciplined execution across the franchise that is translating into strong profitability and returns,” said (Chairman, President & CEO Stephen Steinour), while adding that conditions in Huntington’s footprint are “remaining consistent with prior quarters” and “these factors do not change our outlook for performance this year.” Steinour pointed to integration and expansion priorities, citing “our Carolinas expansion,” “the build-out of our vertical specialty businesses,” “partnerships with Cadence and Veritex,” and “the Janney and TM Capital acquisitions,” and said Huntington “made the decision to temporarily build additional liquidity, improving our already peer-leading liquidity position.” Steinour raised profitability targets, saying, “we raised our ROTCE target to 18% to 19%,” and added, “We remain confident in our ability to deliver that level of profitability in 2027.” “For the quarter, earnings per common share was $0.25,” said (CFO & Senior EVP Zachary Wasserman), adding, “On an adjusted basis… EPS was $0.37,” alongside “Net interest income increased $301 million or 18.7% sequentially” and “Net interest margin was 3.24%.” Wasserman highlighted capital return actions and capacity: “As noted at a conference in March, we increased our 2026 share repurchase plans to $550 million,” and “the Board approved a new $3 billion share repurchase authorization, replacing the prior program.” Outlook Management reiterated its medium-term targets, with Wasserman stating, “The second key milestone is our 2027 earnings per share projection of $1.90 to $1.93 with a return on tangible common equity of between 18% and 19%.” Wasserman updated key 2026 guideposts tied to mix and liquidity decisions: “we now expect 2026 NIM to trend into the high 3.20s compared to our prior expectation in the mid-3.30s,” and said Huntington elected “to ca...
Daniel Wright/iStock Editorial via Getty Images Introduction Kinder Morgan ( KMI ) is a company I closely monitor because I thought it would become a direct beneficiary of the new American-European LNG diplomacy . My rating was neutral because I said that the stock was already reflecting the positive outlook, but I wrote that it would have exited its trading range if a new catalyst appeared. That ...
Daniel Wright/iStock Editorial via Getty Images Introduction Kinder Morgan ( KMI ) is a company I closely monitor because I thought it would become a direct beneficiary of the new American-European LNG diplomacy . My rating was neutral because I said that the stock was already reflecting the positive outlook, but I wrote that it would have exited its trading range if a new catalyst appeared. That was in January. The rest is history: the Iran War started, and the stock exited its range, moving up to $35 before retracing back a bit. Now that Kinder Morgan has released its Q1 2026 earnings , it's time to once again assess the company and see whether the stock deserves a rating upgrade or not. Kinder Morgan: A Quick Overview Most of us are familiar with the company. But allow me to share just two visuals that help us understand at a glance what the company is. First of all, it is an infrastructure company. In the U.S. it holds the number one spot among natural gas transmission networks, since it moves more or less 40% of the U.S.'s natural gas production. It is also working on storage capacity, having over 700Bcf (roughly 15% of the U.S. capacity). This is going to make it an important company, especially as we are getting used to volatility in gas and oil demand. Natural gas is its largest segment, accounting for two-thirds of the mix, while refined products make up another 26%. KMI Q1 2026 Investor Presentation In addition to its hard asset advantage, Kinder Morgan also benefits from predictable cash flows. As we can see below, around 65% of its cash flow architecture comes from take-or-pay contracts, which require customers to pay regardless of the actual throughput. Another 26% is fee-based, which means that it is generated regardless of commodity price. Only 4% of the company's cash flow is exposed to commodity price volatility. This is why I have always liked pipelines over wells: they are more stable. KMI Q1 2026 Investor Presentation With this in mind, let's loo...
(RTTNews) - Canadian stocks are turning in a mixed performance in cautious trade on Thursday amid lingering concerns about the conflict in the Middle East, and continued uncertainty about fresh talks between U.S. and Iran.
(RTTNews) - Canadian stocks are turning in a mixed performance in cautious trade on Thursday amid lingering concerns about the conflict in the Middle East, and continued uncertainty about fresh talks between U.S. and Iran.
A tablet screen displays a portrait of Jeffrey Epstein beside the U.S. Department of Justice website page titled Epstein Library, Feb. 11, 2026. Veronique Tournier | Afp | Getty Images The Department of Justice 's internal watchdog said on Thursday that it is investigating the DOJ's compliance with a law requiring that it fully disclose department files about the notorious sex offender Jeffrey Eps...
A tablet screen displays a portrait of Jeffrey Epstein beside the U.S. Department of Justice website page titled Epstein Library, Feb. 11, 2026. Veronique Tournier | Afp | Getty Images The Department of Justice 's internal watchdog said on Thursday that it is investigating the DOJ's compliance with a law requiring that it fully disclose department files about the notorious sex offender Jeffrey Epstein . The audit by the Office of the Inspector General comes after months of complaints that the DOJ has failed to comply with the Epstein Files Transparency Act by withholding many files in its possession about Epstein and his convicted accomplice, Ghislaine Maxwell. Deputy Inspector General William Blier, in a statement, said, "Our preliminary objective is to evaluate the DOJ's processes for identifying, redacting, and releasing records in its possession as required by the Act." "If circumstances warrant, the OIG will consider addressing other issues that may arise during the course of the audit," Blier said. The OIG "will issue a public report with the audit's results when our work is complete," he said. Read more about the Jeffrey Epstein files List: High-profile people burned by past dealings exposed in the Epstein files Gates Foundation reviewing Jeffrey Epstein ties, will slash 20% of staff: WSJ Jeffrey Epstein victims will get House committee hearing, James Comer says Melania Trump blasts claims about Jeffrey Epstein and her Epstein files: Pam Bondi testimony to House panel canceled Bill Gates interview about Jeffrey Epstein by House Oversight set for June 10 Epstein files: Commerce Secretary Lutnick set for May 6 interview by House Oversight Trump fires Attorney General Pam Bondi Epstein files: Buffett says he hasn't talked to Bill Gates 'since the whole thing was unveiled' Epstein victims get $72.5M from Bank of America settlement Epstein victims sue Trump administration, Google House committee subpoenas Attorney General Pam Bondi Goldman Sachs’ Ruemmler, Bill Ga...
Committee to Protect Journalists says Ahmed Shihab-Eldin was found innocent after 52 days in detention Middle East crisis – live updates A Kuwaiti-American journalist, who had been detained in Kuwait, has been acquitted, according to the Committee to Protect Journalists (CPJ). Ahmed Shihab-Eldin, who has previously worked for PBS, HuffPost, the New York Times , the BBC and Al Jazeera, was arrested...
Committee to Protect Journalists says Ahmed Shihab-Eldin was found innocent after 52 days in detention Middle East crisis – live updates A Kuwaiti-American journalist, who had been detained in Kuwait, has been acquitted, according to the Committee to Protect Journalists (CPJ). Ahmed Shihab-Eldin, who has previously worked for PBS, HuffPost, the New York Times , the BBC and Al Jazeera, was arrested on 3 March during a brief visit to Kuwait. Continue reading...
Justin Sullivan/Getty Images News Chevron ( CVX ) said Thursday it resumed full production of liquefied natural gas at its Wheatstone plant in Australia following repairs for damage caused by a cyclone last month . Tropical Cyclone Narelle disrupted operations at the 8.9M metric tons/year facility last month, leaving both LNG processing trains offline, but Chevron ( CVX ) said it was able to re...
Justin Sullivan/Getty Images News Chevron ( CVX ) said Thursday it resumed full production of liquefied natural gas at its Wheatstone plant in Australia following repairs for damage caused by a cyclone last month . Tropical Cyclone Narelle disrupted operations at the 8.9M metric tons/year facility last month, leaving both LNG processing trains offline, but Chevron ( CVX ) said it was able to restart gas production for Western Australian customers in "around a week" after the cyclone, with LNG returning progressively. The cyclone also hit Chevron's ( CVX ) Gorgon LNG facility, which had to suspend operations at just one of its three liquefaction trains. The disruptions came as LNG supply from Qatar dried up following Iran's closure of the Strait of Hormuz and strikes on Qatari LNG infrastructure. The 30-day moving average of net shipments of LNG to Asia plunged below 600K tons this past weekend, the lowest one-month moving average of LNG arrivals into Asia since June 2020, according to ship-tracking data compiled by Bloomberg. More on Chevron Chevron: Current Levels Do Not Fully Capture Earnings Power And Strengthening FCF Chevron: Growth Drivers Are In Sync With Valuation And Technicals Chevron: Prolonged Iran War A Catalyst
Earnings Call Insights: Banner Corporation (BANR) Q1 2026 Management view "Banner Corporation reported a net profit available to common shareholders of $54.7 million or $1.60 per diluted share for the quarter ended March 31, 2026." (President, CEO & Director Mark J. Grescovich) "Banner's first quarter 2026 revenue from core operations was $169 million compared to $160 million for the first quarter...
Earnings Call Insights: Banner Corporation (BANR) Q1 2026 Management view "Banner Corporation reported a net profit available to common shareholders of $54.7 million or $1.60 per diluted share for the quarter ended March 31, 2026." (President, CEO & Director Mark J. Grescovich) "Banner's first quarter 2026 revenue from core operations was $169 million compared to $160 million for the first quarter of 2025, an increase of nearly 6%." (President, CEO & Director Grescovich) "Reflective of this performance, coupled with our strong regulatory capital ratios... we announced a core dividend increase of 4% to $0.52 per common share." (President, CEO & Director Grescovich) "Still, significant commercial real estate payoffs coupled with expected paydowns within the ag portfolio, offset production such that portfolio loans decreased $14 million when compared to December 31, 2025." (Executive VP & Chief Credit Officer Jill Rice) "The increase in adversely classified assets is centered in three relationships, operating and manufacturing, residential construction and wholesale agricultural deposits." (Executive VP & Chief Credit Officer Rice) "Deposits increased by $97 million during the quarter due to core deposits increasing $165 million... ending the quarter with no brokered deposits." (Executive VP, CFO & Treasurer Robert Butterfield) "Total borrowings decreased $142 million during the quarter, ending the quarter with no outstanding FHLB advances." (Executive VP, CFO & Treasurer Butterfield) Outlook "We think that... NIM would be relatively flat probably in the second quarter." (Executive VP, CFO & Treasurer Butterfield) "We could see some expansion in NIM in the third quarter... So we would expect some net interest margin expansion in the second half of the year." (Executive VP, CFO & Treasurer Butterfield) "We're still sticking with the mid-single-digit growth rate for 2026." (Executive VP & Chief Credit Officer Rice) Financial results "Tax equivalent net interest margin wa...