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Market news: The meeting between Ukrainian President Zelensky and Trump has ended, and Zelensky will leave the White House.July 28 - According to data from the Japan Meteorological Agency, more than 100 perceptible earthquakes have occurred in Kumamoto as of 11:30 p.m. local time since the earthquake struck this afternoon (July 28).July 28 - According to foreign media reports, Trump and Ukrainian President Zelensky met at the White House on Tuesday. The meeting had not been officially confirmed beforehand, but a White House source revealed that the talks began at 9:47 a.m. Eastern Time (evening Beijing Time). The two leaders are expected to discuss diplomatic efforts to end the war in Ukraine.July 28 - The Conference Boards Consumer Confidence Index for July fell to 90.8 from a revised 92.2 in June, below the forecast of 92.3, indicating that households overall view of the labor market remains weak. "In July, consumer feedback on factors affecting the economy remained predominantly pessimistic," said Dana Peterson, chief economist at the Conference Board. "Notably, there was a slight increase in mentions of employment and unemployment."July 28th - As listed companies release their semi-annual reports and earnings forecasts, the robotics sector is seeing a surge in positive earnings reports for the first half of this year. From core components to complete machine integration, from motion control to AI computing hardware, the robotics industry chain is transitioning from a phase of "concept-driven growth" to a new stage of "order volume and profit realization." Data from the Ministry of Industry and Information Technology shows that from January to May, the revenue of large-scale robotics enterprises in my country exceeded 90 billion yuan, a year-on-year increase of 26.9%, with an average annual growth rate of over 20% in the past five years. One robotics company just released a new humanoid robot at the end of last month, and within less than a month, it has received orders for tens of thousands of units. Another company executive stated that their frameless motors, a core component for humanoid robot joint drives, have already exceeded 1 million units in orders in the first half of this year, more than nine times the number from last year.

Desalination Plant in California Suffers Setback With Recommendation For Denial

Haiden Holmes

Apr 26, 2022 10:07

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The commission, which has the authority to reverse staff decisions but does so infrequently, is due to vote on the project on May 12.


Desalination, environmentalists argue, annihilates ocean life, consumes excessive amounts of money and energy, and will soon be rendered obsolete by water recycling.


Poseidon Water, the infrastructure subsidiary of Canada's Brookfield Asset Management, is proposing the desalination facility near Huntington Beach, just south of Los Angeles.


Poseidon has been attempting to secure approval for the project for more than two decades, spending an estimated $100 million in the process.


With the Western states of the United States suffering from a prolonged drought, officials appeared to be on the verge of approving the Huntington Beach facility. Last year, the business expressed sufficient confidence to discuss breaking ground on the $1.4 billion factory by the end of 2022.


Poseidon has operated a comparable facility in Carlsbad since 2015, although it was permitted locally prior to the state enacting regulations governing desalination plants.