Saudi Energy Minister Prince Abdulaziz bin Salman announced Monday that the Kingdom plans to produce "yellowcake," a uranium concentrate used as fuel for nuclear power plants, and to enrich and sell uranium globally. The statement, made at an energy conference, highlights Saudi Arabia’s ambitions to expand its nuclear program and diversify its economy beyond oil.
California Governor Gavin Newsom (D) announced that firefighters from Mexico are coming to assist in combating the raging Eaton Fire, as wildfires continue to devastate parts of Los Angeles.
Macy’s has announced plans to close 66 underperforming stores this year as part of its Bold New Chapter strategy, which includes closing about 150 underproductive locations over a three-year period.
President Joe Biden surprised reporters with a personal announcement during a press briefing with California Governor Gavin Newsom about the ongoing Los Angeles wildfires. Speaking from a firehouse in Santa Monica, the 82-year-old president shifted focus from the devastating fires to share that he had become a great-grandfather.
President-elect Donald Trump addressed the nation Tuesday in his first press conference since Congress certified his election victory. Speaking from his Mar-a-Lago estate, Trump unveiled a series of economic initiatives, including a $20 billion investment in U.S. data centers and plans to reverse President Biden's restrictive energy policies.
