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Blackstone Wins Federal Approval for $11.5 Billion TXNM Energy Buyout

Key Points: The Federal Energy Regulatory Commission approved Blackstone's purchase of TXNM Energy. Regulators found no evidence that the buyout would increase customer utility rates. The mandatory waiting period for federal antitrust review has officially ended. The massive $11.5 billion deal includes assuming the utility company's existing debt. TXNM Energy announced on Friday that the United States Federal Energy Regulatory Commission officially approved its buyout....

Internet Decentralization is a Paradigm Shift Towards Inclusion and Resilience

Key Points: Decentralization of the internet challenges the traditional centralized model, promoting transparency, security, and user autonomy. Blockchain technology enables the development of decentralized applications (DApps) that operate on distributed networks. Web 3.0 protocols, such as IPFS and Dat, revolutionize data storage and sharing, ensuring resilience and censorship resistance. Mesh networks empower communities to establish decentralized communication channels that bypass centralized internet infrastructure. The concept...

Retailers Cheer Supreme Court Tariff Ruling But Face New Hurdles

Key Points: The Supreme Court struck down President Trump’s broad global tariffs. Retail groups celebrated the ruling for bringing certainty to supply chains. Trump immediately announced a new 10% global tariff using different laws. Retailers now demand refunds for the unconstitutional duties they paid. The retail industry celebrated a major victory Friday after the Supreme Court struck down President Donald Trump’s sweeping global tariffs. The...