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Aussie billionaires' solar spat enters new phase

The battle between two of Australia’s richest men for control of bankrupt renewables startup Sun Cable has ended in a whimper. On Friday Mike Cannon-Brookes, co-chief of technology company Atlassian, won the auction for the firm via his Grok Ventures fund, bidding less than A$100 million ($65 million) per an estimate by the Australian Financial Review . Surprisingly absent from the final bout was Squadron Energy, one of Fortescue Metals founder Andrew Forrest’s investment companies. Both wer...
Western Australia Katrina Hamlin Andrew Forrest Pete Sweeney Antony Currie Thomson Reuters Trust Principles

Breakingviews: Biden gives little, gets less in debt ceiling deal

For President Joe Biden, a debt-ceiling victory comes with a bittersweet taste. The White House and top congressional Republican Kevin McCarthy reached a tentative deal for lifting the government’s borrowing limit on Saturday night. Each party championed the deal as a crucial step toward avoiding a sovereign default. But between broad spending caps and stricter rules for food stamps, Republicans have more to celebrate than their Democratic peers. America and its creditors, generally, have even...
United States White House District Of Columbia Lauren Silva Laughlin Kevin Mccarthy Janet Yellen

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MSNBC Inside With Jen Psaki June 4, 2024 23:30:00

Be doing, that the debt limit is kind of a silly exercise. however, republicans have use over, and over, and over again to kind of take the hostage and make these threats and get deals like this with a few really good about it. but i will say, for house democrats and for the white house and the folks were gonna be hearing, other than the 14th amendment, as they sell those packages that they were able to take a lot of things off the table. they may not have been able to put a lot of things in the...
Debt Limit White House House Democrats House Republicans Liberal Democrats 14th Amendment

Economic stability hangs on US love of BBQ

The threat of U.S. default isn’t the only thing bringing lawmakers to the negotiating table. After months of wrangling, posturing and volatility, Democrats and Republicans were getting closer on Friday to an agreement that would avoid the world’s largest economy failing to honor its debt – just before the holiday marking the start of summer. That unofficial deadline adds urgency, and also makes it likely that a deal will be no better than just good enough.
White House District Of Columbia United States John Foley Joe Biden Kevin Mccarthy

FOXNEWS Fox News Live June 4, 2024 18:11:00

Bill: the debt ceiling with one of many topics at a town hall in queens, new york yesterday for this are democratic congresswoman aoc got less than a warm welcome in her home district. as a matter fact the squad member was heckled over the migrant crisis as well as funding for ukraine. alexandria hoff has a story. >> this is a town hall that spiral into a shouting match with attendees yelling both at the congresswoman and at each other. happened last night and queens, new york several crowd memb...
New York Town Hall Debt Ceiling Home District Each Other Shouting Match

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