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04.06.26 - 22:48
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Trump uses wartime powers to dole out $700m to ′clean, beautiful′ coal (The Guardian)
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US president announces plans for two new coal plants, in Alaska and West Virginia, using Defense Production ActDonald Trump is using wartime presidential authority to hand $700m to coal-fired power plants in the US, the latest move by the president to bolster what he called “clean, beautiful coal”, despite it being the dirtiest of fossil fuels.“Today, we're taking historic action to bring down the price of energy and the cost of living for all Americans with the power of clean, beautiful coal,” he said a press conference on Thursday. Continue reading......
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04.06.26 - 08:02
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Third Point Master Fund May 2026 Performance (Cision)
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4 June 2026
Third Point Master Fund1
Monthly Update: May 2026 Performance
May 2026 Performance Highlights
· Third Point Offshore Fund, Ltd. returned 3.2% in May 2026.
· The top contributors for the month included enterprise technology company SK Hynix Inc, a private position, and utilities company Hut 8 Corp.
· The top detractors for the month included media and internet company Telephone and Data Systems, Inc., industrial and materials company CRH PLC, and consumer discretionary company Somnigroup International Inc.
Net Performance
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