In a high-stakes legal confrontation unfolding this week, Danish renewable energy titan Ørsted—jointly with Skyborn Renewables—has filed suit against the Trump administration over a sudden stop-work order issued for the nearly completed Revolution Wind project. This landmark lawsuit, lodged in U.S. District Court in Washington, D.C., challenges the legality of the federal pause of the… Continue reading Ørsted Sues Trump Administration Over Halted Offshore Wind Farm: A Turning Point for U.S. Clean Energy

Spirit Airlines is deepening its financial crisis, announcing that it will cut service to 11 cities across the United States, including San Diego, Sacramento, Oakland, San Jose, Portland, Salt Lake City, Boise, Albuquerque, Birmingham, Chattanooga, and Columbia, South Carolina. A planned launch to Macon, Georgia, was also canceled. These cuts come as the airline enters… Continue reading Spirit Airlines Faces Deepening Crisis

Lucid Group Inc., the electric vehicle manufacturer backed by Saudi Arabia’s Public Investment Fund, recently carried out a one-for-ten reverse stock split in a bid to shore up its share price and improve market perception. The split, which reduced the number of outstanding shares from roughly 3.07 billion to about 307 million while also cutting… Continue reading Lucid Group’s One-for-Ten Reverse Stock Split Fails to Stem Stock Slide

The Trump family’s long-anticipated cryptocurrency, WLFI, launched for public trading this week under the banner of World Liberty Financial, immediately sparking intense speculation, rapid price swings, and even early security issues. On its opening day, the token surged briefly above $0.33, before tumbling into the $0.20–$0.30 range by market close. Despite the volatility, more than… Continue reading Trump-Backed Cryptocurrency Makes Turbulent Debut with Multi-Billion Dollar Valuation