A legal battle has emerged as six U.S. states challenge the Trump administration's decision to cancel a significant offshore wind energy lease off New York's coast. Spearheaded by Letitia James, the lawsuit asserts that the administration's agreement with TotalEnergies to terminate planned offshore wind projects was both unlawful and an overreach of federal power.
The contested agreement, disclosed in March, involves the federal government agreeing...
EasyJet has labeled a potential takeover bid by U.S.-based investment firm Castlelake as "highly opportunistic," arguing that the current market valuation does not adequately reflect the airline's long-term potential. Castlelake, which has already acquired a 2.14% stake in the airline, has announced its consideration to offer a minimum of 403 pence per share, valuing the low-cost carrier at approximately £3 billion.
The airline attributes its...
