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Energy storage industry set aggressive goals for 2025 — and already crushed them

Nearly a decade ago, when the energy storage market was in its infancy, an industry organization set a dreamy goal: By the end of 2025, the U.S. would deploy 35 gigawatts of batteries connected to the grid. So how’d the storage industry do? In the third quarter, 4.7 gigawatts of batteries were installed. In sum, … Read more

More CEOs demand ‘moonshot’ pay—billions in compensation for aggressive, seemingly impossible targets

Good morning. If it seems like more CEOs are asking for—and getting—so-called “moonshot” pay packages, well, they are, as I reported in a recent feature for Fortune. A moonshot ties CEO compensation almost entirely to aggressive, seemingly impossible targets over five to 10 years. The upshot is often billions in compensation and slices of company … Read more

Bluesky says it’s getting more aggressive about moderation and enforcement

It sounds like Bluesky is getting serious about giving some users the boot, with the company saying it will be doing more to “enforce our moderation policies to better cultivate a space for healthy conversations.” This is part of a broader update to the social media company’s community guidelines, after Bluesky asked users in August … Read more

Pepe Coin price nears breakout despite aggressive whale dumping

Pepe coin price has formed a highly bullish falling wedge pattern, pointing to an eventual rebound, even as whales and smart-money investors continue dumping. Summary Pepe coin price has formed a falling wedge pattern on the daily chart. The coin has also settled at the ultimate support of the Murrey Math Lines. This rebound will … Read more

Potential Fed chair pick David Zervos of Jefferies backs aggressive interest rate cuts

Wall Street veteran David Zervos added his name Thursday to the list of potential Federal Reserve chairs who think the central bank is past due in approving an interest rate reduction. The chief market strategist at Jefferies told CNBC that central bankers shouldn’t be daunted by the July producer price index showing pipeline inflation pressures … Read more

Fed leaves rates unchanged, defying Trump’s demands for aggressive cuts

WASHINGTON – A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, despite a barrage of criticism from President Donald Trump and dissents from two top officials. The Federal Open Market Committee, the group that sets the overnight borrowing rate, voted 9-2 to stay on hold. The federal funds rate will … Read more

OKX chief executive defends aggressive compliance rules

If OKX asks you to prove your dad is your dad, don’t take it personally—it’s just compliance. That’s according to OKX CEO Star Xu, who has issued a detailed explanation of the exchange’s compliance and risk control procedures in response to user complaints about account restrictions and verification demands. The statement acknowledges high false-positive rates … Read more

Trump’s SEC will buoy ‘aggressive innovation,’ Webull president says: ‘Boundaries are going to be tested’

Fintech companies are pushing the envelope after a big change in approach from the SEC under the Trump administration, Webull president and U.S. CEO Anthony Denier told Fortune. Meanwhile, despite bipartisan concerns about the stock-trading platform’s ties to China, Denier said the Robinhood competitor has appeased regulators.  The Securities and Exchange Commission is taking a … Read more

Former US president Joe Biden diagnosed with aggressive prostate cancer

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Joe Biden has been diagnosed with an aggressive form of prostate cancer, a spokesperson for the former US president said. Biden, 82, on Friday was diagnosed with the cancer, which involves metastasis to … Read more

Joe Biden Diagnosed With Aggressive Prostate Cancer

Former President Joe Biden has been diagnosed with cancer. “Last week, President Joe Biden was seen for a new finding of a prostate nodule after experiencing increasing urinary symptoms,” a statement sent from 82-year-old Biden’s personal office to CNN on Sunday, May 18, read. “On Friday, he was diagnosed with prostate cancer, characterized by a … Read more

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