California

US Electric Utilities Eye Additional Rate Hikes For 2024

Since 2023, regulators have approved 58% of the rate increase requests amounting to a total rate of $12.7 billion, based on the latest figures by the Regulatory Research Associates (RRA), which is part of S&P Global Commodity Insights.

California Lawmakers Pass AI Safety Bill

The bill had faced a barrage of critics, including Democratic members of US Congress, who argued that threats of punitive measures against developers in a nascent field would throttle innovation.

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