Deval Patrick appears on stage at a First in the

U.S. coal-fired power plants closing fast despite Trump’s pledge of support for industry

By Scott DiSavino (Reuters) – U.S. coal-fired power plants shut down at the second-fastest pace on record in 2019, despite President Donald Trump’s efforts to prop up the industry, according to data from the federal government and Thomson Reuters. Power companies retired or converted roughly 15,100 megawatts (MW) of coal-fired electricity generation, enough to power […]

From quills to qwerty: Lloyd’s underwriters adapt to home working

By Carolyn Cohn, Noor Zainab Hussain and Jonathan Saul LONDON (Reuters) – Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them. Working at home due to the coronavirus lockdown, they have abandoned the normal tools of their trade and […]

IMF calls meeting of steering committee on pandemic response: source

WASHINGTON (Reuters) – The International Monetary Fund will convene an extraordinary meeting of its steering committee on Friday to discuss the Fund’s response to the rapidly spreading coronavirus pandemic, a source familiar with the plans said on Thursday. IMF Managing Director Kristalina Georgieva on Thursday asked G20 leaders to back a doubling of the $50 […]