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Friday, June 24, 2022

TGIF -- June 24, 2022

France: the story not being reported. French nuclear sector in shambles. Now importing electricity when it used to sell "excess" electricity. Link here.


Lake Mead: could soon be renamed, "Deadpool." Link here.
The water level at Lake Mead was measured at 1,044.03 feet on Wednesday — the lowest elevation since it was filled in the 1930s. 
If the reservoir drops below 895 feet — a possibility still years away — the lake would reach dead pool status, with potentially catastrophic consequences for millions of people across Arizona, California, Nevada and parts of Mexico. 
Comment: "Years away" ... not decades away.

Texas relocation: ATI corporate headquarters moving from Pittsburgh to Dallas. No employees will move. Link here

ATI? Yeah, it's the new name for Allegheny. The employees will remain in Pennsylvania. The executive team will be moving to Texas -- much nicer weather ... and ... no state income tax. Again, what am I missing here: the employees in a high-tax state will stay put; the executive staff will see a huge increase in their annual income. 
With its move, ATI becomes the second large manufacturer with Milwaukee-area operations to move its headquarters to the Dallas area in recent days. Last week, Caterpillar Inc. said it was moving its headquarters to Irving, Texas, from Deerfield, Illinois.

List: link here.

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