Berkshire Hathaway Energy Co.’s PacifiCorp said it will pay $299 million to settle claims over wildfires that burned homes in southwest Oregon, averting another jury trial in litigation that has already exposed the utility to billions in damages.
Group of Seven nations have agreed to ban Russian diamond imports from the start of next year in the latest move to curb Russia’s ability to fund its invasion of Ukraine.
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Canada plans to limit emissions from the country’s oil and gas industry using a cap-and-trade system, a policy that will become a cornerstone of Prime Minister Justin Trudeau’s efforts to help curtail global warming and is almost certain to meet resistance in the western provinces.
Blackstone Inc. is embracing its new role as a capital provider to Wall Street after sealing a half-dozen deals with banks involving about $7 billion worth of assets.
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