'Drill, baby, drill' is back in Europe as gas crisis looms
CNN
Europe is desperate to secure gas supplies that can't be cut off at Moscow's whim. That means governments are approving new developments that had been on ice, despite climate concerns.
But after the Dutch and German governments approved the development of a new gas field roughly 12 miles from Schiermonnikoog's shores, the island's mayor is anxious about its future.
"We are very concerned that the gas drilling will damage the area," Mayor Ineke van Gent told CNN Business. "We also believe that there is no need to drill [for] new gas at all and that we should invest much more in renewable energy."
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The European Union agreed Wednesday to phase out Russian natural gas imports by late 2027 as part of an effort to end the bloc’s decade-long dependency on Russian energy.
US wireless carrier AT&T said in a letter to the US telecoms regulator that it had committed to ending diversity, equity and inclusion programs, a move that comes as it seeks approval from the Trump administration to buy wireless spectrum assets.
Larry Summers has been banned for life from the American Economic Association, a professional organization for economists, with more than 17,000 members, over his ties to the late sex offender Jeffrey Epstein.
The US labor market has weakened over the course of the year as hiring has stalled across many industries. The national unemployment rate has ratcheted higher in the process, hitting 4.4% in September.
Michael and Susan Dell are donating $6.25 billion to fund investment accounts for at least 25 million American children.
Gas prices dropped below an average of $3 a gallon in the United States on Tuesday for the first time in four-and-a-half years.
The United States appears ready for war with Venezuela, a prospect that Venezuelan President Nicolás Maduro this weekend attributed to America’s desire to control the country’s vast oil reserves.
Pete Hegseth’s hostility toward the press has been a defining characteristic of his time as defense secretary.