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Ohio senators get update on utility overhaul, forecast of power demands

Ohio senators recently got an update from state utility regulators and an official with the regional grid operator, PJM Interconnection, offering an early progress report on a utility overhaul passed last year and a look ahead at how Ohio can align demand for power with supply. The view from Ohio Public Utilities Commission of Ohio Chair Jenifer French told lawmakers it has been full speed ahead since passage of Ohio House Bill 15 almost a year ago. That measure imposed shorter regulatory timelines at the PUCO and encouraged private investment in new power generation. That includes ...

Stocks sink on fears the war with Iran will keep interest rates high

NEW YORK (AP) — Stocks were sinking Friday as hopes wither on Wall Street for a possible cut to interest rates by the Federal Reserve this year because of the war with Iran. The S&P 500 fell 0.8% and was on track for a fourth straight losing week, its longest such streak in a year. The ...