Markets

TL/DR - Orsted, a Danish renewable energy developer, has received a $680 million investment from JPMorgan for two US projects. The funding, facilitated by tax equity financing, will go towards the Eleven Mile Solar Center in Arizona and the Sparta Solar project in Texas. The Inflation Reduction Act, a key component of the Biden Administration's…

TL/DR - The article discusses China's growing lead in the clean-tech manufacturing sector over the U.S. It also mentions a $10 billion copper mine that is currently idle. Furthermore, the article notes that despite the Inflation Reduction Act, which was intended to boost advanced energy manufacturing in the U.S., the country still lags in this…

TL/DR - Walgreens CEO Tim Wentworth has argued that the company is using its stores and brand to bolster its expanding health-care business. The company has been closing stores to optimize its footprint, countering assertions that it needs to pivot away from its stores to meet health-care goals. Wentworth sees the brand as a "leverageable asset"…