Page 3 - Watch Negative News Today

With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation’s debt limit

With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the…

A prolonged default on America’s debt could result in the loss of nearly eight-million jobs, sending Illinois’ unemployment rate above nine percent, according to economists.

The rating agency Fitch has put the nation's credit on "Rating Watch Negative," which amounts to a warning that it might downgrade the U.S. credit as a result of the impasse.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

When Fortum, the Finnish state-owned energy company known for its Nordic hydro and nuclear power generation, launched its acquisition of Uniper—the German fossil-focused energy company spun out of E.ON—the transaction created one of the largest energy producers in Europe. The narrative since has been that the proverbial green knight Fortum would help Uniper clean up its act, and together they would become one of Europe’s leading clean energy companies. 

When Fortum, the Finnish state-owned energy company known for its Nordic hydro and nuclear power generation, launched its acquisition of Uniper—the German fossil-focused energy company spun out of E.ON—the transaction created one of the largest energy producers in Europe. The narrative since has been that the proverbial green knight Fortum would help Uniper clean up its act, and together they would become one of Europe’s leading clean energy companies. 

But analysts cautioned that it may be too late to restore confidence in a sector hit by a wave of defaults.