Rise in antisemitic attacks a 'direct result' of the 'brainwash' on university campuses, Israeli consul general says
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28 minutes ago
- Yahoo
Belen city council votes yes to new permit for solar panel farm
BELEN, N.M. (KRQE) – It's considered the hub city for renewable energy in the southwest. Belen city councilors voted to continue that momentum, allowing a major energy company to construct another solar farm on 395 acres. There are thousands of undeveloped acres of land that Belen city councilors want to see filled up. 'For a long time, Belen has looked to try to find ways to grow, we always fall just a little bit short,' said Mayor Robert Noblin during a city council meeting Monday. A proposed project for a major solar farm located west of I-25 between Los Lunas and Belen. It was presented before Belen's city council for a special use permit with promises of 250 construction jobs for locals and economic growth. 'We had an economic impact study done, and for GDP, roughly $16.9 million would come to the city of Belen,' said Ashley Sgaliardich, Project Director, NextEra Energy Resources. Belen man accused of trying to rob Albuquerque McDonald's with lighter This latest development, called 'The Starlight Energy Center,' will be neighboring an already existing solar panel farm managed by the company NextEra Energy Resources. City councilors agreed during Monday's meeting that the land needs to be used. 'It's been a long time [and] nothing's come. I understand several years ago, we had a development that was going to go out there, and it just went away,' said City Councilor Steven Holdman. While the meeting was open to the public, no one came up for comment, but one resident KRQE spoke to on Saturday said the existing panels are an eyesore. 'It is because if you look at it before the solar panels, Los Lunas hill was just farmland, you know it was a hill now, walk there, all you just see is solar panels and just metal stuff and like that,' said Rayven Garcia. The company said their next steps are to apply for an industrial revenue bond, which helps finance the project. Construction is expected to start this December and be completed by December 2026. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
29 minutes ago
- Yahoo
Tesla shareholders face staggering new hurdle after company enacts controversial policy: 'A formidable barrier'
Tesla raised the bar for shareholders to sue the company board or executives for breach of fiduciary duties. The change took effect May 15 and requires an investor or group of investors to hold 3% of the electric vehicle maker's stock "to institute or maintain a derivative proceeding," CNBC reported. Tesla's market cap is $1.123 trillion, so a plaintiff would have to own shares worth $33.7 billion. "Obviously, for a company of Tesla's size, that would be a formidable barrier to anyone bringing a lawsuit for breach of fiduciary duty," Tulane Law School's Ann Lipton told CNBC in an email. The change was enabled by a Texas law that "allows corporations to limit shareholder lawsuits against insiders for breach of fiduciary duty," the outlet added. With shareholder approval, Tesla moved its incorporation site from Delaware to the Lone Star State in June 2024. An investor who owned nine shares of Tesla stock sued the company in 2018, and CEO Elon Musk's $56 billion compensation package was revoked in January 2024. Musk is by far the richest person on the planet, and his wealth makes him nearly untouchable. He helped to pioneer the EV movement by becoming an early investor in Tesla in 2003, and the company has been known for innovative technology and industry-leading breakthroughs. Recently, however, the South African has drawn criticism for straying into American and European politics, including spending lavishly on the U.S. presidential election campaign of Donald Trump, leading government spending cuts as the head of the U.S. Department of Government Efficiency, and supporting the far-right Alternative for Germany party. Activists have protested these actions, and Tesla charging stations, vehicles, and dealerships have been vandalized. Sales have plummeted, and Tesla stock spiraled downward, too, though it has regained much of its value. This upheaval and the larger perception change of Musk from groundbreaker to villain could stifle the uptake of EVs, which is one of the many things necessary to slow the rapid rise of global temperatures caused by the burning of fossil fuels for energy. It would take a massive coalition of shareholders to fight back against this move by Tesla, though companies are generally amenable to public pressure — especially when it comes to consumers' spending power. Tesla, for example, is shifting its focus from EV manufacturing to a robotaxi service and robotics to stabilize its future. Musk has a history of not delivering on outlandish promises, but it has not significantly slowed the company or deterred its supporters. What do you think of Tesla and Elon Musk? Elon is the man Love the company; hate the CEO I'm not a fan of either I don't have an opinion Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
43 minutes ago
- Yahoo
Stillwater News Press to hold open house for new location
On Thursday, Stillwater News Press will host an open house to the public. The open house will take place from 11 a.m. to 1 p.m. at the News Press building located at 502 S. Duck Street. The open house will take place from 11 a.m. to 1 p.m. The building is new to the press but not to Stillwater. Built in 1908, the 2,900-square-foot building was originally a home before hosting many commercial interests. Known locally as the Berry House, it was built by James. E. Berry, who would go on to serve at Lt. Governor. It was entered into the National Register of Historic Places in 1980. The modern day Stillwater News Press is a successor of the merger of many other newspapers. The News Press dates back to the weekly Stillwater Advance as well as the Stillwater Daily Democrat. Stillwater Advance was established in 1892, 15 years before Oklahoma became an official state. Stillwater Advance held up against other newspaper competitors. Adding to the early success, I.O. Diggs purchased the Daily Democrat and combined the two papers, which gained much traction. Shortly after, Diggs sold the papers and migrated west to California. One of Diggs' successors was G.R. Gould, the father of "Dick Tracy" creator Chester Gould. After three different purchases of the paper after Diggs, the name was changed from Stillwater Advance to Payne County News. After an ownership change once again, in 1929 E.E 'Hook' Johnson became the new publisher of the paper. C.R. Bellatti and R.M. Bellatti became part owners. The Bellattis and Johnson combined the Stillwater Daily press and the Stillwater Daily news to make what is now Stillwater News Press. C.R. Bellatti was the publisher of Stillwater News Press for a long period. The Bellatti family was dedicated to pushing out news to the north-central part of the state for many years. The Bellatti Family had much success for over 50 years. In 1997, Stillwater News Press was sold by the Bellatti family to Community Newspaper Holdings Inc., a local news provider in 1997. Currently owned by CNHI, Stillwater News Press continues to carry on the legacy and history that transformed the way the north-central part of Oklahoma receives news today. Moving into a new location brings new adventure and opportunities to continue to tell stories of greatness and allows the community to be a part of a rich story that continues on throughout many generations.
