Bloomberg Business

Taiwan Sees China’s Drills as Similar to Pelosi Visit Reaction

China’s military drills in response to President Tsai Ing-wen’s meeting with US House Speaker Kevin McCarthy were comparable to the reaction last year after his predecessor visited the island, Taiwan’s foreign minister said Monday.

Texas Grid Advances Proposal to Add $500 Million in Power Costs

Major Texas power generators including NRG Energy Inc. and Vistra Corp. are one step closer to reaping $500 million in new revenues after a rule change was voted through by a key stakeholder group on the state’s grid operator.

Ex-Twitter CEO Reveals DOJ Probe in Pursuit of Legal Fees Repayment

Twitter Inc.’s former chief executive officer revealed the US Justice Department and the US Securities and Exchange Commission investigated the social-media platform in the past as part of his effort to force the company to cover legal fees related to lawsuits and government probes.

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