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By JUAN A. LOZANO, Associated Press HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company’s collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Enron’s new website features a company store, where various items featuring the brand’s tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that “We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company’s website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. Follow Juan A. Lozano on X at https://x.com/juanlozano70

Itron's Grid Edge Intelligence Portfolio Provides Grid Support with Innovative Residential Battery Energy Management LIBERTY LAKE, Wash., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for energy providers and cities to manage energy and water, announced today a collaboration with Xcel Energy to manage the growing number of distributed energy resources (DERs) in Colorado, including residential battery energy storage, to support grid flexibility and customer choice. As part of this collaboration, Xcel Energy has contracted with Itron to deploy an Aggregator Distributed Energy Resource Management System (DERMS) from Itron's Grid Edge Intelligence portfolio to help manage DERs. On average, 25% of all U.S. homes with solar PV also have battery energy storage. As consumer adoption of battery energy storage continues to grow, energy providers can use Aggregator DERMS to enlist consumer-owned residential battery storage at the edge of the grid as a resource to support the grid. Residential batteries, and other DERs, can help optimize grid operations, promoting greater system reliability, lower energy costs and increased customer choice to adopt solar generation and electric vehicles. Aggregator DERMS enables both aggregated management of DERs for tasks such as load balancing and demand response as well as localized management of DERs for managing solar panels, EV chargers and smart thermostats. Itron's Aggregator DERMS allows Xcel Energy to use residential battery storage through its Renewable Battery Connect program to manage peak loads and to support reliable electric service to customers. "As we lead the clean energy transition, Xcel Energy continues to make strides to deliver energy to our customers when and where they need it. Using our Virtual Power Plant program - Renewable Battery Connect, we can manage distributed energy resources to help our energy grid meet unprecedented increases in demand from a more electrified economy,” said Emmett Romine, VP Customer Energy & Transportation Solutions at Xcel Energy. "We're delivering clean, reliable and resilient electricity to customers while keeping bills low, and we're always looking for opportunities to use new technologies to benefit our customers.” "Xcel Energy is an innovator in adopting and deploying systems that are ready for the increase in DERs. Our solution turns these customer-owned devices into grid assets, which is crucial for an electrified future,” said Don Reeves, senior vice president of Outcomes at Itron. "Itron's Aggregator DERMS can lay the foundation for autonomous management of DERs, when used with distributed intelligence, to provide real-time visibility into the grid edge. This broader solution uses back-office analytics combined with DI edge computing that operates on a customer's Itron electric meter directly. DI can connect to, and coordinate with the customer's DER, such as battery storage, to continuously take advantage of stored energy in near real-time to protect customer and grid assets autonomously, which is an industry first.” "Itron's Grid Edge Intelligence portfolio currently manages 3 million DER devices for 30 utilities across the U.S. and helps solve the challenges of tomorrow by leveraging the power of grid edge intelligence. I look forward to our continued collaboration with Xcel Energy and supporting a grid that's ready for the future of DERs.” To learn more about Itron's Grid Edge Intelligence portfolio, visit the solution page . About Itron Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: www.itron.com . Itron ® and the Itron Logo are trademarks of Itron, Inc in the United States and other countries and regions. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated. For additional information, contact: Itron, Inc. Alison Mallahan Senior Manager, Corporate Communications 509-891-3802 [email protected] Paul Vincent Vice President, Investor Relations 512-560-1172 [email protected] Itron, Inc.Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated

India News | Andhra Minister Nara Lokesh Affirms Fulfilling Teacher Posts in Six Months Through Mega DSCBy JUAN A. LOZANO, Associated Press HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company’s collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Related Articles Enron’s new website features a company store, where various items featuring the brand’s tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that “We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company’s website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. Follow Juan A. Lozano on X at https://x.com/juanlozano70

The widening rift between the two most powerful political families in the Philippines became public after the Southeast Asian nation's Vice President Sara Duterte said that she would have President Ferdinand Marcos Jr assassinated if she were to be killed. Mr Duterte is the daughter of former president Rodrigo Duterte. Now, the law and order authorities in the Philippines are "investigating" the threats made by their Vice President, and Ms Duterte could be prosecuted if evidence is found supporting her claim. "Duterte's threats are now under investigation and may lead to charges," the Presidential Communications Office said, citing the justice ministry. "If the evidence warrants, this could lead to eventual prosecution," Mr Marcos' office said in a statement. The Philippines' security council has also taken cognisance matter and is "verifying" the alleged assassination threat. National Security Adviser Eduardo Ano said the government considers all threats to the president as "serious", vowing to closely work with law enforcement and intelligence communities to investigate the threat and possible perpetrators. "Any and all threats against the life of the president shall be validated and considered a matter of national security," Mr Ano said in a statement. VP's Threat & Response Addressing a press conference on Saturday morning, Ms Duterte said, "I have spoken to someone. I told them, if I am killed, go and kill BBM [Marcos], [First Lady] Liza Araneta, and [Speaker] Martin Romualdez. No joke. No joke." "I said, do not stop until they are dead, and the person agreed," said added, as quoted by news agency Reuters. Duterte's threat stemmed from an order by lawmakers to transfer her chief-of-staff to jail for allegedly impeding its probe over the vice president's alleged misuse of public funds. In response to Duterte's threat, Marcos' presidential security command said it had tightened its protocols in guarding the Philippine leader and the national police chief had ordered an investigation. Sara Duterte, the daughter of former President Rodrigo Duterte, and Mr Marcos were once political partners who won an overwhelming mandate to lead the nation's top two offices in 2022. The alliance crumbled this year over policy differences, including foreign policy and the elder Duterte's deadly war on drugs. Marcos' congressional allies are separately investigating Rodrigo Duterte's campaign which led to more than 6,000 killed in anti-drug operations and alleged corruption over Sara Duterte's use of public funds during her tenure as education secretary. Both have denied wrongdoing. Ms Duterte resigned from the Marcos cabinet in June while remaining vice president, signalling the collapse of a formidable political alliance that helped her and Mr Marcos, son and namesake of the late authoritarian leader, to secure their 2022 electoral victories by wide margins. Following this, Speaker Romualdez, a cousin of Mr Marcos, slashed the vice presidential office's budget by nearly two-thirds. Ms Duterte's outburst is the latest in a series of startling signs of the feud at the top of Philippine politics. In October, she accused Mr Marcos of incompetence and said she had imagined cutting the president's head off. In the Philippines, the vice president is elected separately from the president and has no official duties. Many vice presidents have pursued social development activities, while some have been appointed to cabinet posts. The country is gearing up for mid-term elections in May, seen as a litmus test of Mr Marcos' popularity and a chance for him to consolidate power and groom a successor before his single six-year term ends in 2028. Track Latest News Live on NDTV.com and get news updates from India and around the world

The Department of Agriculture (DA) called on the Bureau of Customs (BOC) to release 580 metric tons (MT) of seized frozen mackerel to the government’s social welfare arm after tests confirmed that these are safe for human consumption. Agriculture Secretary Francisco Tiu Laurel Jr. noted that the shipments, which were earlier confiscated due to the absence of an import permit, should be transferred to the Department of Social Welfare and Development (DSWD) to aid relief operations and boost food security efforts. “Consequently, the fish products are deemed fit for immediate release and can be utilized to address food security needs, especially in relief operations,” he said. “This initiative would support the DSWD and the DA’s ongoing efforts to provide essential aid to victims of the recent typhoon.” In a letter addressed to Customs Commissioner Bienvenido Rubio, the agriculture chief noted that laboratory tests confirmed that the frozen fish is fit for human consumption with no signs of spoilage or contamination. These findings came from the National Fisheries Laboratory Division of the Bureau of Fisheries and Aquatic Resources (BFAR). The confiscated shipment worth around P178.5 million consisting of 21 container vans loaded with frozen mackerel arrived at the Manila International Container Port in early October without the required sanitary and phytosanitary import clearances (SPSICs). An SPSIC would certify that an inbound shipment is safe for human and animal consumption and would not bring in any pests that could jeopardize the local agriculture sector. Upon the confiscation, Laurel directed the BFAR to conduct laboratory tests to evaluate the suitability of the frozen mackerel for distribution to typhoon-affected communities. The country has been grappling with successive typhoons that devastated agricultural farmlands and the fisheries sector, with damage reaching over P10 billion so far from typhoon Kristine to typhoon Nika. This recently prompted the DA to consider importing vegetables and possibly expanding fish imports to stabilize prices of some key agricultural commodities that spiked following the damage brought by the typhoons. (See: https://businessmirror.com.ph/2024/11/19/da-eyes-importing-veggies-possibly-fish-after-typhoons /) To prevent unscrupulous individuals from smuggling or hoarding farm products, President Marcos Jr. had signed Republic Act (RA) 12022 or the Anti-Agricultural Economic Sabotage Act, which he said would aid in the government crackdown against the cartels behind price and supply manipulation for agricultural products. “By eliminating smuggling, hoarding, profiteering, and other cartel activities, we are not only shielding our local producers but also providing consumers with affordable agricultural and fishery products,” Marcos said.

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USC QB Miller Moss enters transfer portal after losing starting job to Jayden Maiava(The Center Square) – American taxpayers may provide a loan of more than $7.5 billion to a joint venture involving automaker Chrysler that plans to build electric vehicle batteries in Indiana. On Monday, the U.S. Department of Energy’s Loan Program Office revealed that StarPlus Energy has received a “conditional commitment” for the multi-billion dollar loan. If approved, teh money would help the collaboration between FCA US and Samsung SDI Co. construct two lithium-ion battery plants in the Kokomo 50 miles north of Indianapolis. The loan announcement comes after the Indiana Economic Development Corp. pledged hundreds of millions of dollars in state tax credits and incentives to the project. Stellantis, FCA’s parent company, and Samsung first announced plans to build an electric vehicle battery plant in Kokomo in May 2022. Then, in October 2023, the partners announced they would construct a second plant. According to Monday’s announcement, the project is expected to create up to 3,200 construction jobs as well as 2,800 plant jobs. The batteries built in Kokomo are forecasted to power about 670,000 electric cars each year. Stellantis would purchase the batteries for the vehicles marketed in the United States. More from this section An Energy Department fact sheet indicates that the interest rate for the loan would be the “applicable U.S. Treasury rate for the term of the loan with no credit spread.” No details on the term were immediately available. “This project reinforces President Biden’s Investing in America agenda to onshore and reshore domestic manufacturing technologies,” the Energy Department’s statement said. The loan would come through the federal government’s Advanced Technology Vehicles Manufacturing Loan Program, which was first established through the Energy Independence and Security Act of 2007. It would be the second Indiana plant to receive program funds. Last month, the Biden administration announced the finalization of a $1.3 billion loan to ENTEK, which is constructing a factory in Terre Haute to make separators used in lithium-ion batteries. The Biden administration and StarPlus must still complete some requirements before the loan can be finalized. Among them, StarPlus must create a Community Benefits Plan that demonstrates how the company will work with local officials and labor groups. The battery plants are being built using workers from local trade unions. Administration officials are also expecting StarPlus to participate in the Justice40 Initiative, which calls for 40% of the benefits produced from the government’s investment to boost communities that are considered underinvested “and overburdened by pollution.”

The American Athletic Conference is the only Football Bowl Subdivision league whose championship game matchup is set: Army vs. Tulane. The final week of the regular season will determine pairings for the other eight conferences. Here's a look at the possible matchups in the Power Four and Group of Five. All championship games are Dec. 7 except in the AAC, Conference USA and Mountain West, which will be played Dec. 6. SMU vs. Miami or Clemson. Miami is in if it beats Syracuse. Clemson is in if Miami loses. Oregon vs. Ohio State, Penn State or Indiana. Ohio State is in if it beats Michigan or if Penn State and Indiana lose this week. Penn State is in if it beats Maryland and Ohio State loses. Indiana is in if it beats Purdue and Ohio State and Penn State lose. Arizona State vs. Iowa State if both win this week. Multiple scenarios including BYU, Colorado and other teams exist otherwise. Georgia vs. winner of Texas-Texas A&M game. Army vs. Tulane. Jacksonville State vs. Liberty, Western Kentucky or Sam Houston. Liberty is in with a win over Sam Houston. WKU is in with a win over Jacksonville State and a Liberty loss. Sam Houston is in with a win over Liberty and a Jacksonville State win. Miami, Bowling Green and Ohio are tied for first place and control their destinies. Miami-Bowling Green winner is in, as is Ohio if it beats Ball State. Other scenarios exist that include those teams and Buffalo. Boise State vs. UNLV or Colorado State. If UNLV and CSU both win or lose their final regular-season games, the tie would be broken by either College Football Playoff rankings or results-based computer metrics. Louisiana-Lafayette at Marshall if both win their games this week. Other scenarios exist if one or both lose. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballMicroinsurance: A critical safety netNone

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