Browsing Tag
Pennsylvania
127 posts
Pennsylvania plane-helicopter crash investigation deepens after NTSB recovers crucial flight data
NTSB recovers crucial flight data after a Cessna hits a Pennsylvania police helicopter, killing one pilot and leaving investigators searching for answers.
Equinor to pay $940m for Lackawanna as Appalachian gas strategy moves into PJM power
Equinor is paying $940 million for preferential economic rights in Pennsylvania’s 1,483MW Lackawanna Energy Center, adding gas-fired generation beside a 1.7 Bcf/d Appalachian gas position as PJM prepares for sharply higher electricity demand.
Alpha Compute (Nasdaq: ALP) enters US data center development with Pennsylvania term sheet
Alpha Compute's $55m Pennsylvania land and gas rights term sheet targets a 200MW AI campus, but a $4.5m market cap and $500m total build define the risk.
Vistra Q2 EBITDA jumps 31% as Cogentrix and Meta nuclear deals set up the next earnings test
Vistra delivered $1.77 billion of second-quarter adjusted EBITDA as higher power prices, capacity revenue and acquired gas generation lifted earnings. Cogentrix and Meta could add another layer from 2027, but a sharp VST share-price pullback shows investors are demanding proof that scarce dispatchable power can translate into durable per-share growth.
Zum opens Philadelphia operations center as driver hiring push tests rapid U.S. expansion
Zum Services, Inc. is building its Philadelphia driver base ahead of an August 24 school start, with its new operations center supporting at least 200 routes across roughly 330 schools as the private student-mobility company accelerates national expansion.
Cameco and Brookfield test Westinghouse valuation with confidential SEC filing
Cameco and Brookfield filed confidentially to list Westinghouse, testing whether nuclear's AI narrative can justify a valuation above the $7.9B 2023 buyout.
Can Kroger cut Giant Eagle prices without weakening margins or increasing leverage?
Kroger is returning to acquisition-led growth through a smaller regional transaction that adds Giant Eagle’s supermarkets, pharmacies, private labels and customer loyalty platform. The deal carries less national overlap than the failed Albertsons merger, but regulatory approval, store investment and integration remain significant tests.
Kroger (NYSE: KR) to reboot consolidation strategy with $1.65bn acquisition of Giant Eagle
Kroger (KR) to acquire Giant Eagle for $1.65B, adding 197 stores and $9B in sales across five states. First major deal since the Albertsons collapse.
Nebius (NASDAQ: NBIS) Nasdaq-100 entry meets the $50bn AI cloud backlog test
Nebius (NASDAQ: NBIS) joins Nasdaq-100 on 22 June with USD 50B in AI cloud backlog. The real test is turning USD 25B capex into ARR fast enough.
Could a $1m skilled trades donation help Wells Fargo strengthen its Pennsylvania playbook?
Find out how Wells Fargo’s $1m skilled trades pledge in Pennsylvania signals a bigger workforce strategy for banking, policy, and local industry growth now.