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01.06.26 - 19:18
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Kent residents struggle without water in a heatwave | Letter (The Guardian)
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Yvonne Singh says the government needs to hold South East Water to account after elderly and vulnerable residents had to queue at water stations in the hottest week of the yearThe story is a depressingly familiar one: from bank holiday Monday, thousands of homes in Kent had no water all last week ('They're a private company, run for profit!': fury in Kent at South East Water's outages, 28 May). This on the hottest week of the year so far. No water for drinking, flushing toilets, washing hands, bathing or cleaning, let alone sprinklers in the garden.Vulnerable and elderly people and families were forced to queue in the searing heat for bottled water at water stations. Those on priority lists did not received promised deliveries and had to rely on the kindness of friends and families. In Whitstable, the first hot week of the summer promised profit. Instead, cafes, pubs, famed oyster bars and leisure centres were forced to close, resulting in thousands of pounds being lost from the local&n...
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01.06.26 - 16:33
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SpaceX IPO Update: New Filing Reveals Friends & Family Share Allocation, Anthropic AI Deal, And Water Risk (ZeroHedge)
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SpaceX IPO Update: New Filing Reveals Friends & Family Share Allocation, Anthropic AI Deal, And Water Risk
SpaceX has provided fresh details in an amended S-1 filing regarding its upcoming initial public offering, including a directed share program for employees and insiders, a major AI computing agreement with Anthropic, and new risk factors.
The company will reserve up to 5% of shares in its IPO for certain employees and friends and family of its executive officers. The company disclosed that participants on its "friends and family" list will not be subject to a lock-up restriction, allowing them to sell shares immediately upon listing.
While directed share programs are common in IPOs, the lack of lock-up for this group stands out. More than 60% of shares outstanding immediately prior to the offering remain subject to an extended lock-up period, including shares held by founder and CEO Elon Musk.
SpaceX stands as the preeminent launch provider globally, delivering unmatched rel...
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28.05.26 - 21:18
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′They′re a private company, run for profit!′: fury in Kent at South East Water′s outages (The Guardian)
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Water company blames increased demand in extreme heat, but customers want answers about lack of storage reservoirs“Spitting, fuming, angry and powerless” is how Pat Prestage describes her emotions after a water outage that has affected thousands of homes in Kent during the heatwave.On Wednesday, 8,000 South East Water customers in Whitstable lost water, with 14,000 more in Tankerton, Ashford, and its surrounding areas facing an intermittent supply or low pressure. South East Water's incident manager, Matthew Dean, said on Thursday that 22,000 people had had water supply problems. Continue reading......
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27.05.26 - 07:24
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Italy′s top court rules against tourist refused tap water in Dolomites hotel (The Guardian)
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Woman argued water was a universal human right but court ruled no law obliged hoteliers to serve it from tapsA tourist's simple request for a glass of tap water at a hotel restaurant in the Italian Dolomites has culminated in Italy's top court ruling that being served water from the tap is not a consumer right, after a lengthy and costly legal saga.The case dates back to 2019 when the woman spent a week at the five-star hotel in the ski resort of Corvara, in Badia, over Christmas and new year. She was on a half-board deal with the evening meal included, except for drinks. Continue reading......
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