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The United States is rapidly installing grid-scale batteries that are helping to prevent power blackouts, known in German as Dunkelflaute , according to The Guardian . From barely any just a few years ago, the US has now installed 20 GW of grid-scale battery storage for its electric grid — equivalent to twenty 1 MW nuclear power plants. 5 GW of that total occurred in just the first seven months of this year, according to the federal Energy Information Administration. The EIA predicts total grid-scale battery storage capacity could double again to 40 GW by the end of next year if the new projects already in the pipeline are completed. It also predicts grid-scale storage batteries will provide about 40% of all the world’s short-term electricity needs by 2050. California and Texas, which both saw all-time highs in battery-discharged grid power this month, are leading the way in this growth, with enormous grid-scale storage batteries helping to manage the large amount of clean but intermittent solar and wind energy those states have added in recent years. The battery systems helped keep the lights on in California this summer, when in previous years the state experienced electricity rationing or blackouts during intense heatwaves when the use of air conditioning soared and power lines were toppled by wildfires. “We can leverage that stored energy and dispatch it when we need it,” Patti Poppe, chief executive of PG&E, California’s largest utility, said last month. “It’s been extraordinary growth,” said John Moura, director of reliability assessment and performance analysis at the North American Electric Reliability Corporation. “It’s still technology that we are getting used to working with because the system wasn’t designed for it, but from a reliability perspective it presents a golden opportunity. This changes the whole paradigm of producing electricity, delivering it and consuming it. Storage gives us a bit of a time machine to deliver it when we need it. There are a lot of changes happening but monstrous action is still needed if we are going to make this energy transition,” he said. The rapid growth of clean energy such as solar and wind provides more peaks and troughs of production that need to be actively managed in order to maintain a reliable grid. “Batteries can smooth out some of that variability from those times when the wind isn’t blowing or the sun isn’t shining. The Germans have a word for this sort of drought: Dunkelflaute,” said Moura. “So if you have a four hour storage battery, that can get you through a Dunkelflaute.” Most grid storage batteries can only supply power back to the grid for about four hours, which creates an opportunity that many companies hope to exploit with longer duration batteries. Much of that technology is still in its infancy. Until they are commercially available, a fully decarbonized grid will require a big increase in long distance transmission lines in the US to transfer renewable energy from where it is produced to where it is needed. The permitting reform to allow this is a bitterly contested issue, with many environmental groups opposed to looser regulations they say will only empower thermal generation from coal or methane. In Texas, Element Energy is operating what may be the largest grid-scale storage installation in the US that uses cells from battery EV battery packs that are no longer able to serve as traction batteries. Used batteries are cheaper than new batteries, but making them safe to use is the key to Element’s success. The 53 MWh project is located in West Texas at a wind farm owned by Nextera Energy Resources. CEO Tony Stratakos told Canary Media recently, “It’s really a very nice, living demonstration that everything we talked about last time has come to fruition and works. The promise of our technology is, we can operate batteries that others can’t.” Previously, the largest second-life grid battery was a B2U Storage Solutions project in Lancaster, California, which has 28 MWh of storage. Element gained access to a warehouse full of modules taken out of used EV battery packs — Canary Media suspects they may have come from first generation Chevy Bolts — in various states of health. It repackages them into containers operated by its proprietary hardware and software, which fine-tune commands at the cell level instead of treating all the batteries as a monolithic whole. This enables the system to get more use out of each cell without stressing any so much that they break down or cause a fire. The success of the West Texas installation is expected to attract interest from other customers who may have been reluctant to use second-life batteries previously despite their lower cost. Element has finalized a partnership with LG Energy Solution Vertech, the grid storage division of the South Korean battery manufacturer. It just so happens, LG was the supplier of the original Chevy Bolt batteries. LG will provide operations and maintenance, alleviating the risks associated with buying a long-term grid asset from a young startup like Element. The actual installation process turned out to be ​“a learning experience,” Stratakos said, meaning it took longer and cost more than initially planned, ​“but it was worth it,” he said. The company honed its technique for integrating the batteries into large-scale power plants, and improved its enclosure design along the way. Now it is getting real world data from daily plant operations in the ERCOT energy markets. “There is a lot of talk in this category,” said Tim Woodward, who invested in Element as managing director at Prelude Ventures. This project shows Element can operate at the scale necessary ​“to get the big guys” — in other words, large, sophisticated clean energy developers. The company is now exploring where to build a factory capable of assembling multiple gigawatt-hours of used battery enclosures per year, Stratakos said. In the meantime, he is working to close a number of deals with the 2 gigawatt-hours of second-life batteries Element has stockpiled in a warehouse in Kentucky. “I don’t think anyone has [a large volume of second-life batteries] sitting there, ready to be deployed,” Woodward said. ​“Batteries are lasting longer in the field than anticipated. It’s not that common that you’re seeing batteries pulled out of even the earliest Teslas.” Further success will involve winning over grid storage developers, who currently buy new batteries nearly 100% of the time. The backing from LG will help calm any fears potential customers might have. Second-life startups typically highlight the sustainability aspects of using them to attract first-time customers. Used batteries can reduce the environmental costs of the energy transition and keep valuable battery materials out of landfills. When it comes to actually closing a deal, though, ​“The number one issue is cost,” Stratakos said. Sustainability and circularity are definitely factors that customers consider, but ultimately that’s ​“more of a bonus.” Element says it can cut 30 to 50% off the cost on a fully installed basis. Last week in Baku, a contingent of Republican representatives were preening and strutting for anyone who would listen about how coal and methane are essential to meet supply baseload power. That is partially accurate, but longer duration grid storage batteries are coming for that baseload power, and what will they have to say then? Storage batteries can do things spinning reserves cannot, such as manage frequency and voltage variations in near real-time fashion. That capability can generate revenue for the battery owners and operators. As Stratakos says, the number one issue is cost, and when long-term energy storage is cheaper than thermally generated baseload power, that will be all she wrote for coal and methane. Of course, then the fossil fuel fanatics will resort to mandates to stay in business, even though mandates are supposedly anathema to them. Nothing says hypocrisy like people who talk out of both sides of their mouth to preserve their status and revenue streams. CleanTechnica's Comment Policy LinkedIn WhatsApp Facebook X Email Mastodon RedditNewport throw away lead to draw, Yachtsmen crushed and Vics lose top of table clashCORPUS CHRISTI, Texas (AP) — Garry Clark scored 15 points as Texas A&M-Corpus Christi beat Stephen F. Austin 67-48 on Saturday night. Clark had 12 rebounds for the Islanders (6-4, 1-1 Southland Conference). Owen Dease went 3 of 3 from the field to add 10 points. Jordan Roberts had 10 points and shot 4 for 9. Nana Antwi-Boasiako led the Lumberjacks (5-5, 0-2) in scoring, finishing with 13 points, 10 rebounds and three blocks. Clayton Southwick added 10 points and two steals. Myles Jenkins had five points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

Madikeri: Karnataka legislative council member Ivan D'Souza voiced his concern about the growing politics of hatred in the country, highlighting a decline in peace, tolerance, and coexistence. Speaking at the Christmas carol competition inauguration organised by the Roman Catholic Association Kodagu , Kushalnagar, and the Holy Family Temple at Kudige's Angela Educational Institution, the MLC emphasised that all religions advocate peace, love, and harmony. Despite comprising less than 3% of India's and Karnataka's population, the Christian community contributes significantly to healthcare and education, surpassing the combined efforts of other communities that make up 97%, he said. D'Souza acknowledged the state govt's initiatives to address Christian community's concerns. He praised Kodagu's community unity during the Christmas season, noting that festivals foster interfaith harmony. He encouraged the Christian community to prioritise their children's education. Dr Bernard Moras, apostolic administrator of the diocese of Mysore, expressed joy at the district's religious communities uniting for Christmas carol competitions celebrating arrival of Jesus. He wished for Jesus's presence in everyone's hearts and the prevalence of peace, love, and coexistence in society. Roman Catholic Association Kushalnagar Taluk president KA Peter chaired the event, and priests Charles Noronha and M Martin, along with sister Rekha of Angela Educational Institution, Kudige, were present.WWE Hall of Famer Trish Stratus took social media by storm as she promoted her most recent photoshoot. Stratus , 48, is considered by many as the best female professional wrestler of all time as she stood out in the squared circle during the 2000s. The Canadian won over the fans thanks to some incredible matches against the likes of Lita, Victoria, Molly Holly, Jazz and more during the Attitude and Ruthless Aggression Era. The seven-time women's champion, though, also won many hearts thanks to a series of daring outfits she donned inside and outside the ring. Stratus continues strong and proved nothing has changed as she left her 1.3million followers in awe with a stunning snap. The ex-Hardcore Champion posed in a small black piece and a pair of heels that led to her fans storming social media. Read More on WWE One WWE tweeted: "Lord Have Mercy." Another commented: "Very beautiful." A third wrote: "Like a fine wine." This fan said: "Looking gorgeous!!" Most read in Sport And that one gushed: "Stunning! Superstar." Stratus retired from the ring in 2006 but has made a series of sporadic appearances since then. The Toronto grappler has since shared the ring with the likes of Charlotte Flair, Becky Lynch and Bayley.

Locals are invited to come out and ring in the New Year with friends and neighbors at First Night Bradford. This drug and alcohol-free event has been going strong for more than 20 years and this year promises to be the best yet. For the price of a $6 button, locals can get access to the special parties and performances held on New Year’s Eve all around town. Entertainment will feature both local and regional talent. Children younger than 6 years old will be admitted at no cost. Buttons are currently available from the Bradford Area Chamber of Commerce, Northwest Bank at both Main Street and Foster Brook locations, the Bradford Creative and Performing Arts Center, WESB/WBRR radio station and Tops Friendly Markets. Children’s buttons are available at venue locations during First Night Bradford or from the Chamber of Commerce from 9 a.m. to 5 p.m. on New Year’s Eve. Whether you love to ice skate, bowl or enjoy live music, there is something for everyone at First Night Bradford. The fun begins at the Bradford Public Library. They will host a New Year’s Party for children from 10:30 a.m. to noon. First Bowl, free bowling for those with a button, will be held from 1 p.m. to 4 p.m. at Byllye Lanes. Similarly, First Skate will be held from 1 to 5 p.m. at Callahan Park. A free movie will be shown at 4 p.m. at First United Methodist Church. Horse and carriage rides will be offered on Main Street from 6 p.m. to 8 p.m. This event is sponsored by Kathy Obermeyer ERA Team VP Real Estate. Church of the Ascension will host Fair Enough, who will perform at 6 p.m., 8 p.m. and 10 p.m, while Choko Aiken & Friends will perform at 7 p.m. and 9 p.m. Father Leo Galina Social Hall will host Kevin Abbott & Grant Orris, who will play two performances, at 6 p.m. and 8 p.m., as well as First Night Karaoke at 7 p.m. and 9 p.m. St. Bernard Auditorium will host several dance performances. Studio B Dance Academy will perform at 6 p.m. and 8 p.m. and Starlit Dance Connection will perform at 7 p.m. Hill Memorial Social Hall will host Rock and Roll Pet Store at 6 p.m., 8 p.m. and 10 p.m. They will also host Bwana Jim at 7 p.m. and 9 p.m. First Presbyterian Social Hall will host Dennis Regling Puppeteer & Illusions for 7 p.m. and 9 p.m. performances. Grace Lutheran Church will host Marty’s Bubblegum Machine at 6 p.m., 8 p.m. and 10 p.m.; and Tom Piccirillo for 7 p.m. and 9 p.m. performances. The Marilyn Horne Ballroom will host the Twin Tiers Community Band from 6 p.m. to 7:50 p.m. which will be followed by GrooVe Bros: Jim Ronan & Dana Jared, who will perform from 8 p.m. to 10:50 p.m. First United Methodist Church will show a free movie or host the Christian Praise Team from 6 p.m. to 7:50 p.m. The Bradford Area High School Chorus will perform there at 8 p.m., followed by the praise team at 9 p.m. B-Free Church Social Hall will host face painting at 6 p.m. and again at 8 p.m. They will also host the Magic of Mr. J at 7 p.m. and 9 p.m. The STEPS Drop In Center will host two performances of STEPS Singers with Maggie Travis at 6 p.m. and 8 p.m. There will also be a First Night Variety Show held at 6:30 p.m. and 8:30 p.m. Finally, from 10:30 to 12:30, locals are asked to come gather for a block party hosted by WESB/WBRR on Festival Way. Come see the gazebo drop and ring in the new year in style!

Democrats around the country are still licking their wounds after last month’s stinging election defeat — but the party might be sailing toward an even bigger iceberg. New research from progressive polling outfit Navigator Research shows the party’s reputation is in tatters even among previous backers, who have come to view the Dems as weak, obsessed with “woke” initiatives such DEI and overly accommodating to the elites at the expense of the middle class. They’re “not a friend of the working class anymore,” a respondent wrote. Navigator at one point asked participants to compare the Democratic Party to an animal. One likened them to an ostrich because “they’ve got their heads in the sand and are absolutely committed to their own ideas, even when they’re failing,” said Politico , which first published details of the research. Another person answered koalas, owing to the fact that the marsupials are “complacent and lazy about getting policy wins we really need.” Rachel Russell, Navigator Research’s director of polling and analytics, said the findings represent “a pretty scathing rebuke” of the Democratic Party. “This weakness they see, [Democrats] not getting things done, not being able to actually fight for people — is something that needs to be figured out,” Russell said. “It might not be the message, it might be the policy. It might be something a little bit deeper that has to be addressed by the party.” The research was conducted just after the 2024 election and included three distinct focus groups: young men in battleground states who voted Trump in 2020 but Biden this year; battleground state voters who backed Biden in 2020 but abstained from voting in 2024, and blue-state voters who previously backed Democrats — or third-party candidates — but supported Trump in November 2024. “The elites that run the Democratic Party — I think they’re way too obsessed with appealing to these very far-left social progressivism that’s very popular on college campuses,” said a Georgia man, who backed Biden in the last election but went for Trump in 2024, to the outlet. The poll’s participants also didn’t hold back with their criticism of Vice President Kamala Harris — who was abruptly named the party’s standard-bearer for 2024 after elderly President Biden was pushed to step aside by fellow Democrats. “It seemed like a lot of what she came out and said wasn’t really off-the-cuff, wasn’t coming from her,” said a man who switched his support from Biden in 2020 to Trump in 2024. “Seemed like every interview, every time she came out and talked about something, it was planned out and never her thoughts, didn’t seem genuine to her thoughts,” he said, drawing a contrast with Trump’s famously improvisational style. “Trump, even though you never really knew what he was going to say, when he was going to say it, it was always him and genuine to what he thought, so that’s what swayed me.” A Wisconsin woman who said she didn’t vote at all in 2024 told the researchers that the Democrats’ embrace of fringe social issues were a turn-off to her. “I think that there needs to be some parameters on what’s accepted in society and what isn’t,” she said. “Some of the societal norms, and I think that the Democrats have tried to open that up a little too much.” The moderator asked whether she was referring to issues around transgender Americans, to which she conceded, “primarily that.” Since Harris’ resounding defeat at the polls, the idea of her running for governor of California has been floated in recent days, much to the consternation of many liberals .

Getty Images released its top 100 most powerful news photos of the year. Photos show key moments in the 2024 presidential election and conflicts in the Middle East. Photographers captured the aftermath of natural disasters and phenomena like the solar eclipse. Advertisement Getty Images released a compilation of the most powerful news photos taken by their photographers in 2024. Throughout the year, photojournalists captured the defining images of the biggest news stories related to politics, military conflicts , natural disasters, and other global issues. Advertisement "Regardless of the assignment, Getty Images photographers and videographers produced honest, moving, and gripping images of humanity at its highest and lowest moments and painted a picture of the world in all of its complexity without bias or manipulation, producing a trusted and memorable historic document of 2024," Sandy Ciric, senior director of news photography at Getty Images, told Business Insider. Here are 30 of the best news photos of the year.WWE Survivor Series WarGames 2024 Free Live Streaming Online: Get Wrestling Event Live Telecast Details on TV With Time in IST

Invest in Giants. Own a Piece of Silicon ValleyNew pro-European coalition approved in Romania amid period of political turmoilAP Sports SummaryBrief at 4:39 p.m. EST

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WILMINGTON, Del. (AP) — Attorneys for Fox Corp. asked a Delaware judge Friday to dismiss a shareholder lawsuit seeking to hold current and former company officials personally liable for the financial fallout stemming from Fox News reports regarding alleged vote rigging in the 2020 election. Five New York City public employee pension funds, along with Oregon’s public employee retirement fund, allege that former chairman Rupert Murdoch and other Fox Corp. leaders deliberately turned a blind eye to liability risks posed by reporting false claims of vote rigging by election technology companies Dominion Voting Systems and Smartmatic USA. Smartmatic is suing Fox News for defamation in New York, alleging damages of $2.7 billion. It recently settled a lawsuit in the District of Columbia against One America News Network, another conservative outlet, over reports of vote fraud. Dominion also filed several defamation lawsuits against those who spread conspiracy theories blaming its election equipment for Donald Trump’s loss in 2020. Last year, Fox News settled a defamation lawsuit filed by Dominion in Delaware for $787 million. The shareholder plaintiffs also allege that Fox corporate leaders ignored “red flags” about liability arising from a 2017 report suggesting that Seth Rich, a Democratic National Committee staffer, may have been killed because he had leaked Democratic party emails to Wikileaks during the 2016 presidential campaign. Rich, 27, was shot in 2016 in Washington, D.C., in what authorities have said was an attempted robbery. Fox News retracted the Seth Rich story a week after its initial broadcast, but Rich’s parents sued the network for falsely portraying their son as a criminal and traitor. Fox News settled the lawsuit in 2020 for “millions of dollars,” shortly before program hosts Lou Dobbs and Sean Hannity were to be deposed, according to the shareholder lawsuit. Joel Friedlander, an attorney for the institutional shareholders, argued that Fox officials waited until the company’s reporting about Rich became a national scandal before addressing the issue. Similarly, according to the shareholders, corporate officials, including Rupert Murdoch and his son, CEO Lachlan Murdoch, allowed Fox News to continue broadcasting false narratives about the 2020 election, despite internal communications suggesting that they knew there was no evidence to support the conspiracy theories. “The Murdochs could have minimized future monetary exposure, but they chose not to,” Friedlander said. Instead, he argued, they engaged in “bad-faith decision making” with other defendants in a profit-driven effort to retain viewers and remain in Trump’s good graces. “Decisions were made at the highest level to promote pro-Trump conspiracy theories without editorial control,” Friedlander said. Defense attorneys argue that the case should be dismissed because the plaintiffs filed their lawsuit without first demanding that the Fox Corp. board take action, as required under Delaware law. They say the plaintiffs also failed to demonstrate that a pre-suit demand on the Fox board would have been futile because at least half of the directors face a substantial likelihood of liability or are not independent of someone who does. Beyond the “demand futility” issue, defense attorneys also argue that allegations that Fox officials breached their fiduciary duties fail to meet the pleading standards under Delaware and therefore should be dismissed. Defense attorney William Savitt argued, for example, that neither the Rich settlement, which he described as “immaterial,” nor the allegedly defamatory statements about Dominion and Smartmatic constitute red flags putting directors on notice about the risk of defamation liability. Nor do they demonstrate that directors acted in bad faith or that Fox “utterly failed” to implement and monitor a system to report and mitigate legal risks, including defamation liability risk, according to the defendants. Savitt noted that the Rich article was promptly retracted, and that the settlement included no admission of liability. The Dominion and Smartmatic statements, meanwhile, gave rise themselves to the currently liability issues and therefore can not serve as red flags about future liability risks, according to the defendants. “A ‘red flag’ must be what the term commonly implies — warning of a risk of a liability-causing event that allows the directors to take action to avert the event, not notice that a liability-causing event has already occurred,” defense attorneys wrote in their motion to dismiss. Defense attorneys also say there are no factual allegations to support claims that Fox officials condoned illegal conduct in pursuit of corporate profits, or that they deliberately ignored their oversight responsibilities. They note that a “bad outcome” is not sufficient to demonstrate “bad faith.” Vice Chancellor J. Travis Laster is expected to rule within 90 days.

Trump threatens 100% tariff on BRICS countries over currency plans

Trump calls Florida meeting with Trudeau productive amid stiff tariff threat

Amazon delivery drivers and Starbucks baristas are on strike in a handful of U.S. cities as they seek to exert pressure on the two major companies to recognize them as unionized employees or to meet demands for an inaugural labor contract. The strikes that started Thursday and Friday followed other recent standoffs between corporate America and organized labor. Large and established labor unions secured meaningful employer concessions this year following strikes by Boeing factory workers, dockworkers at East and Gulf coast ports, video game performers, and hotel and casino workers on the Las Vegas Strip. But workers at Starbucks, Amazon and some other prominent consumer brands still are fighting for their first contracts. Amazon refuses to acknowledge the organizing efforts of drivers and warehouse workers — many of whom have voted to unionize — even though the powerful Teamsters union says it represents them. Starbucks long resisted the unionization of its stores, but had agreed to negotiate a contract by the end of the year. Why are the strikes happening now? Strikes — particularly ones that happen during the holidays, a time of high economic activity — can help unions exercise leverage during negotiations or flex their muscles by garnering support from workers and sympathetic consumers. Both Amazon and Starbucks saw a wave of organizing efforts following the COVID-19 pandemic. The pandemic focused attention on front-line workers and the impact of economic inequality on the lives of wage-earning Americans. Employees organized at bookstores, where unions are rare, and were successful with campaigns at some stores run by Apple, Trader Joe's and the outdoor equipment company REI. But turning those wins into contracts can be a challenge. At Amazon and Starbucks, which were not unionized before the pandemic, workers have yet to secure an agreement with the e-commerce and coffee giants, which both have their headquarters in Seattle. John Logan, director of labor and employment studies at San Francisco State University, said he thinks the Amazon and Starbucks workers are "desperate" to make progress before President-elect Donald Trump gets to appoint a Republican majority to the National Labor Relations Board, which is expected to be less friendly to unions during his administration. "The unions want to make these disputes public and bring political pressures on the companies," Logan said in a written statement. "If these disputes drag on until next year, and if they are fought largely through the labor board and the courts, the unions and workers will almost certainly lose. This might be their last, best chance to pressure the companies in public before Trump comes into office." However, Trump has also given some signs that he might be friendlier to labor during his second term compared to his first term. Last month, he picked Oregon Rep. Lori Chavez-DeRemer to lead the Department of Labor in his new administration, elevating a Republican congresswoman who has strong support from unions, including the Teamsters. Teamsters President Sean O'Brien also spoke at the Republican National Convention this past summer. Teamster-led strikes at Amazon The Teamsters say workers at Amazon are striking at seven delivery stations in Southern California, San Francisco, New York City, Atlanta and Skokie, Illinois, because the company ignored a Sunday deadline the union had set for contract negotiations. At midnight on Saturday, the Teamsters say workers will also strike at a prominent warehouse in New York, which voted to join the fledgling Amazon Labor Union in 2022 and have since elected to affiliate with the Teamsters. The prominent labor group says it's fighting for higher wages, better benefits and safer working conditions for Amazon employees, many of whom experience economic insecurity while working for a company worth $2.3 trillion. It has not said how many Amazon warehouse workers or drivers are joining the striking. The union has mainly focused on organizing delivery drivers, which the company says are not its workers because they are directly employed by contractors Amazon recruited to handle package deliveries. That type of setup gives the Amazon more cover from unionization attempts in an industry — transportation and trucking — that's dominated by the Teamsters. However, the union has argued before the National Labor Relations Board that the drivers, who wear Amazon's ubiquitous gray-blue vests and drive similarly colored vans, should be classified as company employees. Meanwhile, the online retailer has accused the union of pushing a "false narrative" about the thousands of workers it claims to represent. Amazon has also touted its pay, saying it provides warehouse and transportation employees a base wage of $22 per hour plus benefits. It also recently boosted hourly pay for the subcontracted delivery drivers. In September, the NLRB, which has taken a more pro-labor stance under President Joe Biden, filed a complaint that found the drivers to be joint employees of Amazon. The agency also accused Amazon of unlawfully failing to bargain with the Teamsters on a contract for drivers at a California delivery hub. The Teamsters union says it also represents Amazon warehouse workers, including thousands of employees at the major New York City fulfillment center who voted to be represented by the Amazon Labor Union. Amazon objected to the 2022 warehouse election results, alleging the Amazon Labor Union and the federal labor board had tainted the vote. A regional NLRB director issued a complaint last year that accused Amazon of violating the law by refusing to bargain with the union. Amazon, in turn, is challenging the constitutionality of the NLRB in federal court along with Elon Musk's SpaceX. In June, the Supreme Court made it harder for the agency to win court orders in labor disputes, siding with Starbucks in a case brought by the company. Contract negotiations at Starbucks Unlike Amazon, contract negotiation have been underway at Starbucks. But Starbucks Workers United, the union that has organized workers at 535 company-owned U.S. stores since 2021, said the company has failed to honor a commitment made in February to reach a labor agreement this year. The union also wants Starbucks to resolve outstanding legal issues, including hundreds of unfair labor practice charges that workers have filed with the National Labor Relations Board. The agency also has opened or settled hundreds of charges against Amazon. In launching the strikes that started Friday in Chicago, Los Angeles and Seattle, Workers United said Starbucks proposed an economic package with no new wage increases for unionized baristas now and a 1.5% increase in future years. Union leaders said the strikes expanded on Saturday to include stores in Denver, Pittsburgh and Columbus, Ohio. In a post Sunday on X, the union said that picket lines had expanded to Brooklyn and Long Island in New York, St. Louis and Pittsburgh. Without providing a specific number, labor leaders said dozens of Starbucks stores are now affected by the strike. "We were ready to bring the foundational framework home this year, but Starbucks wasn't," Lynne Fox, president of Workers United said in a statement. "After all Starbucks has said about how they value partners throughout the system, we refuse to accept zero immediate investment in baristas' wages and no resolution of the hundreds of outstanding unfair labor practices." Starbucks said Workers United prematurely ended a bargaining session this week. The company also says it already offers pay and benefits worth $30 per hour for baristas who work at least 20 hours per week. Starbucks workers walked off the job on two occasions last year. Workers United has said the latest strikes could spread to hundreds of stores across the country by Christmas Eve. Patricia Campos-Medina, who recently ran for the U.S. Senate as a Democrat in New Jersey and leads Cornell University's Worker Institute at the School of Industrial and Labor Relations, said she expects there to be more union activity before Trump takes office. Trump's reactions will give the public a chance to see what his "commitments are to the working class," Campos-Medina said. ___ Dee-Ann Durbin in Detroit contributed to this story.Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil(Bloomberg Opinion) -- This is Bloomberg Opinion Today, the underwater noise of Bloomberg Opinion’s opinions. Sign up here . Today’s Agenda The New Enron December 2nd is known for many things. It’s the birthday of Britney Spears, Charlie Puth and the Environmental Protection Agency. It’s the anniversary of the first-ever controlled nuclear fission chain reaction. And it’s the day that Enron filed for Chapter 11 bankruptcy in 2001. It’s also the day that Enron decided to... resurrect itself from the dead? Sure, why not: pic.twitter.com/9kt4g0Q84Z— Enron (@Enron) December 2, 2024 Exactly 23 years after the scandal-ridden energy enterprise went under, its name and logo are back in action. You can already buy a company hoodie for $118 and a polo for $98. Once a grift, always a grift, I suppose. The old Enron did all the things they tell you *not* to do in Accounting 101. After a $40 billion shareholder lawsuit, the conglomerate became the poster child for financial fraud and a bunch of top executives were charged with corruption. “In 2001, or 2011, those things were bad things,” writes Matt Levine. “Nobody wanted to invest in Enron, what with it being ‘synonymous with willful corporate fraud and corruption.’” But 2024 is different: “Standards are lower, and people are up for a bit more fun. If you launched Enron Corp. on the stock exchange today — even without a business — the stock would go up, because that is funny.” According to the new website, the revamped Enron is “dedicated to solving the global energy crisis.” And yet one of the company’s key pillars is “permissionless innovation,” which smells very crypto-scammy, not at all good for the environment and, quite frankly, overdone: RadioShack already did this, like, three years ago. Perhaps that’s why Enron 2.0 has all the hallmarks of a parody: It appears to have used Shutterstock and iStock images in its employee testimonials. It says “Enron” is now a backronym that stands for Energy, Nurture, Repentant, Opportunity and Nice. And it even has a disclaimer saying the site is “for entertainment purposes only.” But Matt says “these days you’d say that even if you actually were launching a crypto token, or a meme stock, or for that matter an energy company.” The sad thing is, this planet could use a company that wants to solve the global energy crisis. We have a lot of problems and very few people willing to solve them. Javier Blas says the oil cartel is inflating prices. David Fickling says a heat wave is straining Australia’s grids. Katja Hoyer says the entire continent of Europe is still reliant on Russian gas. And don’t even get F.D. Flam started on the whales. “President-elect Donald Trump has used saving whales, of all things, as a reason he has promised to shut down all US offshore wind energy projects when he takes office,” she writes, calling the idea absurd. “Fossil fuels are not only dirtier but their extraction and transport create far more underwater noise.” It’s a shame that Enron’s employees — and Trump, for that matter — seem more interested in helping crypto whales than actual whales. Thanksgiving Pardons Last week, not only did Peach and Blossom get spared from slaughter, so too did President Joe Biden’s son Hunter. Biden is far from the only president who has helped a loved one avoid prison: “Bill Clinton and Jimmy Carter each pardoned brothers. Donald Trump pardoned his daughter’s father-in-law (whom he now says he will appoint as ambassador to France). Even Abraham Lincoln pardoned his wife Mary Todd Lincoln’s sister, whose husband had served as a Confederate general,” Noah Feldman writes. “Seen from a human perspective,” Noah says Biden’s decision to spare his son is “about the most understandable action of his whole presidency.” But when Noah puts his Legal Scholar hat on, he says it’s a “tragedy for the republic,” and evidence of the “Trump effect.” The previous president’s pursuit of chaos — dating back to 2016 when he promised to lock up Hillary Clinton — has muted our collective sense of shock and outrage. In turn, Noah says it’s led to “the politicization of criminal investigation and prosecution,” which will likely worsen if Kash Patel — a political operative that Barbara L. McQuade says could carry out Trump’s personal revenge tour — ends up running the FBI. But Biden also is to blame. What Trump began, his Democratic successor intensified: “Biden’s administration made the belated — and in retrospect, disastrous — decision to seek criminal prosecution of Trump when it became clear he was a credible candidate to challenge Biden for the presidency,” Noah writes. “Now we live in a world where Democrats will hardly bat an eye at a presidential pardon for a wayward son, and in which Republican criticisms can easily be dismissed as hypocritical.” I pardoned this link from the paywall, so you can read the whole thing for free. You’re welcome! High Command Elsewhere in disastrous political decisions, you have Trump’s choice for Defense Secretary, Pete Hegseth. The Bloomberg Opinion editorial board says the former Fox News host is marred by a “checkered past” which seems to get uglier by the day. Look no further than this damning account of his time as the president of Concerned Veterans for America, as reported by The New Yorker’s Jane Mayer yesterday. An unearthed whistle-blower report describes Hegseth “as being repeatedly intoxicated while acting in his official capacity— to the point of needing to be carried out of the organization’s events.” At one such event — a tour through Cuyahoga Falls, Ohio — a former staffer claimed Hegseth drunkenly chanted “Kill All Muslims!” At another, he reportedly brought his team to a strip club in Louisiana, where he was accused by one of his female colleagues of attempting sexual assault. If, somehow, one was able to overlook the deeply unsettling accusations, Bloomberg’s editors still say that Hegseth is not the man for the job. “Leading an $850 billion bureaucracy that oversees nearly 3 million troops and civilian employees would be a daunting task for even the most experienced nominee,” they write. “Hegseth lacks experience of high command, as well as any background in defense policy or strategy, industrial issues, budgeting, international diplomacy, or in navigating interagency and interservice frictions.” Instead, Hegseth seems more interested in playing the role of Woke Police: “He argues that diversity, equity and inclusion programs are sapping warfighters of their martial spirit. He wants transgender troops out of the military and women out of combat roles. He’d also like to purge ‘woke’ generals from the ranks... far from the most pressing concerns facing the US military,” the editors argue. Telltale Charts Tyler Cowen says humans are not hanging out in public as much as we used to. I wonder why... To be clear, it’s not just Starbucks. McDonald’s is also to blame: “The fast-food icon raised prices in response to the spike in post-pandemic inflation only to discover that a broad swath of Americans can no longer afford Big Macs,” Nir Kaissar writes (free read). Although they’re rolling back some price hikes, Nir says the incoming Trump administration’s tariffs and deficits could stoke inflation. Trump’s next trade war also means you can say goodbye to Cyber Monday shopping in 2025. Andrea Felsted says bargain hunters should get the good deals while they last. “No matter how adept retailers have become, there will be no sidestepping the impact of broad tariffs,” she warns. Further Reading Free read: Who’d want to run a western automaker like Stellantis? — Chris Bryant Walmart’s DEI reversal isn’t all about Robby Starbuck. — Beth Kowitt Explaining economics to Trump won’t save Mexico. — Juan Pablo Spinetto Women’s hockey is right to be confident — but don’t get reckless. — Adam Minter Australia’s under-16 social media ban is better than nothing. — Catherine Thorbecke New York City can show the US how to build more housing. — Conor Sen India can’t afford to doom the world’s carbon credit markets a second time. — Mihir Sharma Minnesota’s state legislature is just about as evenly divided as possible. — Patricia Lopez Investment banks will lose billions of dollars of revenue to private rivals. — Paul J. Davies The Fed’s big monetary policy rethink needs to be better than last time. — Bill Dudley ICYMI Intel’s CEO got booted by the board. The New York Philharmonic has a new chief. Being active on social media helps the job hunt. Kickers New York City’s tiny duck treasure hunt. The history of Wisconsin’s famous Kringle. The rise of the random destination wedding. America stopped cooking with tallow for good reason. Area man runs 700 miles to make art. (h/t Jhodie Williams) Notes: Please send raspberry Kringle and feedback to Jessica Karl at jkarl9@bloomberg.net. Sign up here and follow us on Threads, TikTok, Twitter, Instagram and Facebook. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. Jessica Karl is a Bloomberg Opinion columnist and author of the Bloomberg Opinion Today newsletter. More stories like this are available on bloomberg.com/opinion ©2024 Bloomberg L.P.Borana Weaves specializes in the production of unbleached synthetic grey fabric, has filed its Draft Red Herring Prospectus with SEBI in preparation for the IPO, the issue size will be of up to 70,00,000 equity shares with a face value of ₹ 10 each, all of which will be issued as a Fresh Issue. Borana’s objective is to finance the cost of establishing a new manufacturing unit to expand its production capabilities to produce grey fabric at Surat, Gujarat, India. It also aims to secure funding for incremental working capital requirements and for general corporate purposes. For the period ended March 31, 2024, The Company reported Revenue from operations of ₹ 19,905.56 lakhs and EBITDA of ₹ 4,117.31 lakhs and PAT of ₹ 2,358.64 lakhs and for the period ended September 30, 2024, the Company reported Revenue from operations of ₹ 13,303.48 lakhs and EBITDA of ₹ 2,794.36 lakhs and PAT of ₹ 1,790.42 lakhs. Borana Weaves Company Details Borana Weaves Limited is a textile manufacturer headquartered in Surat, Gujarat specializing in the production of unbleached synthetic grey fabric. This fabric serves as a versatile base material frequently used for further processing, including dyeing and printing, making it essential across industries such as fashion, traditional textiles, technical textiles, home décor, and interior design due to its adaptability across various styles. In addition to grey fabric, our Company also manufactures polyester textured yarn (“PTY Yarn”), which is produced by heating polyester-oriented yarn (“POY Yarn”), our raw material used in the production of grey fabric. (Source: D&B Report) Since commencing operations in 2021, the Company has expanded to three manufacturing units in Surat, equipped with textile manufacturing technologies, pollution light machinery and tools which are supplied by domestic and global players in the synthetic fibre industry machinery, including 15 texturizing machines, 6 warping machines, 700 water jet looms, and 10 folding machines. With India witnessing a surge in demand for synthetic textiles driven by affordability, durability, and evolving market trends, the Indian synthetic textile industry is well-positioned to benefit, with growth opportunities in both domestic consumption and exports. The Company’s strong foothold in Gujarat, supported by robust customer relationships and streamlined operations, has been instrumental in its continued success. Beeline Capital Advisors Private Limited is the Book Running Lead Managers to the Issue, while KFIN Technologies Limited is Registrar to the Issue.